Showing 1 - 10 of 138
Germany remains Europe's largest and most diversified source of new technology, but still lags in the fastest growing … areas of today's high technology. After World War II, West-German technology policy sought to rebuild the institutions which … constrained the opportunities of innovative firms for equity-based growth and the incentives for academic brains to set up in …
Persistent link: https://www.econbiz.de/10010265490
factors in the growth and increasing wage inequality in an advanced economy (the UK) since 1979. Calibration of a model to … for both growth and inequality. Calibrated TFP growth is consistent with the results from nonparametric growth accounting … more problems to modelling inequality than with growth: in particular, the main models in the literature, which take skill …
Persistent link: https://www.econbiz.de/10010286256
firms, the flow of technology and the migration of people. These rules have to make sure that individuals, individual … whether new technology is found. Except for TRIMS, an international investment code has not been established. Conventions have …
Persistent link: https://www.econbiz.de/10010291767
This paper studies the effect of the firm-size distribution on the relationship between employment and output. We construct a theoretical model, which predicts that changes in demand for industry output have larger effects on employment in industries characterised by a distribution that is more...
Persistent link: https://www.econbiz.de/10011561853
Some recent empirical studies deny any direct performance effects of measures of geography and conclude that institutions trump all other potential determinants of development. For given effects of institutional quality, our empirical results indicate quantitatively important direct negative...
Persistent link: https://www.econbiz.de/10011416456
neoclassical growth model. …
Persistent link: https://www.econbiz.de/10010265363
Countries with the highest labor productivity overwhelmingly lie in the world's temperate climatic zones far away from the equator. The question we address is whether climatic conditions as measured by distance from the equator remain correlated with labor productivity after other variables are...
Persistent link: https://www.econbiz.de/10010265461
This paper addresses the impact of demographic and educational factors on economic growth. First an overview of the … are analyzed using a modified growth model featuring overlapping generations. It is shown that societies facing a … demographic shock basically have two options. They either accept the growth-decreasing impact of a reduced supply of skilled …
Persistent link: https://www.econbiz.de/10010265462
I reconsider the primacy of institutions over geography as an explanatory factor of cross-country differences in economic performance, which has recently been postulated by Acemoglu et al. (2001) and others. My estimates show that the reported missing direct performance effects of a measure of...
Persistent link: https://www.econbiz.de/10010265632
of the region in the light of the theories of economic growth and human capital and their empirical tests. It concludes … growth potential derived from the region's favourable endowment with human capital and implementing growth-enhancing economic …
Persistent link: https://www.econbiz.de/10010265698