-known regularities in all of growth and development economics. Yet there is less than complete agreement on the nature of that … association. Here we identify two waves of service sector growth, a first wave in countries with relatively low levels of per …

to underestimate of the rates of growth of real GDP, real personal income, and productivity. That underestimation is … political system.The understatement of real growth reflects the enormous difficulty of dealing with quality change and the even …

highways gross output to growth in adjusted U.S. gross output. The data effort moves beyond productive capital stocks in order …-interstate, and Local System levels to estimate the contribution of all highways (all public roads) to GDP growth. It presents three … types of contribution to GDP growth estimates and an experimental structure estimate reflecting the quality of bridges …

This paper re-examines the relationship between population aging and economic growth. We confirm previous research such … measures of population aging and per-capita output growth. Our contribution is demonstrating that this relationship breaks down …

individualism on growth through innovation. Using genetic data as instruments for culture we provide strong evidence of a causal …We construct an endogenous growth model that includes a cultural variable along the dimension of individualism … innovation in an individualist culture. This cultural effect may offset the negative effects of bad institutions on growth …

there are theoretical and empirical reasons to expect temperature to affect the growth rate rather than level of GDP. Does … temperature and impact inferred from studies assembled by the IPCC, and comparing estimates based on a direct versus growth rate …

An increase in the household debt to GDP ratio in the medium run predicts lower subsequent GDP growth, higher … unemployment, and negative growth forecasting errors in a panel of 30 countries from 1960 to 2012. Consistent with the “credit … subsequent GDP growth when used as an instrument. The negative relation between the change in household debt to GDP and …