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A large literature documents the positive influence of a city's skill structure on its rate of economic growth. By … contrast, the effect of a city's age structure on its economic growth has been a hitherto largely neglected area of research … or seniors. The paper sets out the potential channels through which such differential growth may occur. Using data from a …
Persistent link: https://www.econbiz.de/10012121233
This paper examines the growth effects of different dimensions of international trade integration-notably, volume … trade dimensions for the region and the traditional sources of growth. Second, it empirically estimates the impact of trade … integration on growth per worker and the sources of growth; that is, growth of capital per worker and total factor productivity …
Persistent link: https://www.econbiz.de/10012051790
2014. Economic slumps are defined as abrupt interruptions of a period of growth by several regime switches. Slumps start … with a sharp contraction along with a trend break, which is followed by another switch when growth stabilizes again. The …, suggesting that institutions constraining leaders are important for stabilizing growth. This is particularly relevant for Sub …
Persistent link: https://www.econbiz.de/10012228613
Growth fluctuations exhibit substantial synchronization across countries, which has been viewed as reflecting a global … countries. This paper brings these two perspectives together by analyzing international growth fluctuations in a setting that … that the cross-country dependence of aggregate growth is the combined result of global shocks summarized by a latent common …
Persistent link: https://www.econbiz.de/10012008277
Persistent link: https://www.econbiz.de/10003916333
Persistent link: https://www.econbiz.de/10000928834
internationally, with severe economic and financial disruptions in many countries around the world. The 2009 global recession, set off … the crisis, advanced economies felt the brunt of the recession. The subsequent expansion has been the weakest in the post … emerging market and developing economies weathered the 2009 global recession relatively well and delivered a stronger recovery …
Persistent link: https://www.econbiz.de/10012230745
. Socioeconomic drivers play a major role: optimistic baseline scenarios (rapid and inclusive growth with universal access to basic …
Persistent link: https://www.econbiz.de/10012388738
Persistent link: https://www.econbiz.de/10012297879
This paper uses plant-level, panel data from the Ethiopian manufacturing census to estimate the effects of demand-side and supply-side factors on industrywide aggregate productivity. The paper focuses on the effects of three factors: (1) local market size, (2) the value of transportation costs...
Persistent link: https://www.econbiz.de/10012051859