Showing 31 - 40 of 88
We estimate the impact of climate change on agricultural production in a panel of 127 countries from 1961 to 2002. In contrast to the existing literature we account for cross-sectional dependence and technology heterogeneity. We find no significant impact of climate change on agricultural...
Persistent link: https://www.econbiz.de/10010348298
Economic policy interventions of a scale as effected in eastern Germany can be expected to have a significant impact on the economy, which may be in accordance with the objectives of the policy measures or manifest itself in distortions of several kinds. This paper analyzes the structural...
Persistent link: https://www.econbiz.de/10011472466
of productivity, to a larger production potential and to a higher growth rate. The new economy has implications for …
Persistent link: https://www.econbiz.de/10011490375
productivity (TFP) on the equilibrium relative wage of low-skilled workers in eleven high-income countries. The key finding is that …
Persistent link: https://www.econbiz.de/10011490893
Based on Baumol’s cost-disease model, we develop two alternative measures of the change in the productivity of … schooling. Both productivity measures are based on changes in the relative price of schooling. We find that in most OECD … countries the price of schooling has increased faster in 1970-94 than would be compatible with constant schooling productivity …
Persistent link: https://www.econbiz.de/10011491109
We implement a method to estimate the direct effects of foreign-ownership on foreign firms' productivity and the … indirect effects (or spillovers) from the presence of foreign-owned firms on other foreign and domestic firms' productivity in … in empirical studies examining a direct causal effect of foreign ownership on firm productivity, namely that of no …
Persistent link: https://www.econbiz.de/10010406836
source countries in terms of total factor productivity (TFP). We find that the importance of these transmission mechanisms …
Persistent link: https://www.econbiz.de/10010479372
In this paper, we present a standard quality ladders endogenous growth model with one significant new assumption, that it takes time for firms to learn how to export. We show that this model without Melitz-type assumptions can account for all the evidence that the Melitz (2003) model was...
Persistent link: https://www.econbiz.de/10009671658
The paper examines the effect of trend productivity growth on the determinacy and learnability of equilibria under …
Persistent link: https://www.econbiz.de/10009382996
We explore the uses of double-calibrated general equilibrium models as a decomposition tool for analysing contributory factors in the growth and increasing wage inequality in an advanced economy (the UK) since 1979. Calibration of a model to start and end years, based upon an assumed functional...
Persistent link: https://www.econbiz.de/10009389760