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Australian Growth : A California Perspective
McLean, Ian W.; Taylor, Alan M. - 2021
-periods, and over the longer term with respect to the growth in the size of their economies. Most important, the comparison of an …
Persistent link: https://www.econbiz.de/10013222238
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Productivity Growth and Levels in France, Japan, the United Kingdom and the United States in the Twentieth Century
Cette, Gilbert - 2010
This study compares labor and total factor productivity (TFP) in France, Japan, the United Kingdom and the United States in the very long (since 1890) and medium (since 1980) runs. During the past century, the United States has overtaken the United Kingdom and become the leading world economy....
Persistent link: https://www.econbiz.de/10013149831
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Demographics and Entrepreneurship
Liang, James - 2014
Entrepreneurship requires energy and creativity as well as business acumen. Some factors that contribute to … entrepreneurship may decline with age, but business skills increase with experience in high level positions. Having too many older … workers in society slows entrepreneurship. Older workers do not possess the advantages of youth, but more significant is that …
Persistent link: https://www.econbiz.de/10013047037
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How Deep are the Roots of Economic Development?
Spolaore, Enrico - 2012
analysis of ever deeper, more fundamental factors, rooted in long-term history. A growing body of new empirical work focuses on …
Persistent link: https://www.econbiz.de/10013105459
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Emigration During the French Revolution : Consequences in the Short and Longue Durée
Franck, Raphael - 2017
During the French Revolution, more than 100,000 individuals, predominantly supporters of the Old Regime, fled France. As a result, some areas experienced a significant change in the composition of the local elites whereas in others the pre-revolutionary social structure remained virtually...
Persistent link: https://www.econbiz.de/10012945603
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The Paradox of Civilization : Pre-Institutional Sources of Security and Prosperity
Dal Bo, Ernesto - 2015
The rise of civilizations involved the dual emergence of economies that could produce surplus (“prosperity”) and states that could protect surplus (“security”). But the joint achievement of security and prosperity had to escape a paradox: prosperity attracts predation, and higher...
Persistent link: https://www.econbiz.de/10013009442
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Acquisitions, Productivity, and Profitability : Evidence from the Japanese Cotton Spinning Industry
Braguinsky, Serguey - 2014
We explore how changes in ownership and managerial control affect the productivity and profitability of producers. Using detailed operational, financial, and ownership data from the Japanese cotton spinning industry at the turn of the last century, we find a more nuanced picture than the...
Persistent link: https://www.econbiz.de/10013058693
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Is Deflation Depressing? Evidence from the Classical Gold Standard
Bordo, Michael D.; Redish, Angela - 2021
We distinguish between good and bad deflations. In the former case, falling prices may be caused by aggregate supply (possibly driven by technology advances) increasing more rapidly than aggregate demand. In the latter case, declines in aggregate demand outpace any expansion in aggregate supply....
Persistent link: https://www.econbiz.de/10013220513
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Suppressing Asset Price Inflation : The Confederate Experience, 1861-1865
Weidenmier, Marc; Burdekin, Richard C. K. - 2021
Confederate monetary reforms encouraged holders of Treasury notes to exchange these notes for bonds by imposing deadlines on their convertibility. We show that Confederate funding acts aimed at precipitating the conversion of currency into bonds did temporarily suppress currency depreciation....
Persistent link: https://www.econbiz.de/10013238691
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The Service Industries and U.S. Economic Growth Since World War Ii
Fuchs, Victor R. - 2021
During the past 15 years employment and current dollar gross product continued to shift to the Service sector at about the same rate as in the early post-World War II period, while the Service sector's share of gross product in constant dollars remained relatively constant. Productivity (as...
Persistent link: https://www.econbiz.de/10013249394