This paper analyses the importance of R&D activities in the explanation of productivitydifferences among the Spanish regions over the period 1986-96. With this aim, we measure the effectof the own technological innovation and the spillovers effects. The analysis is based on the estimationof a...

Using data on formal manufacturing plants in India, we report a large but imprecise speedup in productivity growth starting in the early 1990s (e.g., 1993-2007 compared to 1980-1992). We trace it to productivity growth within large plants (200 workers or more), as opposed to reallocation across...

This paper analyses the impact of transport infrastructures on the economic growth of both regions and sectors, distinguishing among modes of transport. It also attempts to capture the spillover effects or network effects associated with transport infrastructures. Two different methodologies are...

We study the effects of German unification in a model with capital accumulation, skill differences and a welfare state. We argue that this event is similar to a mass migration of low-skilled agents holding no capital into a foreign country. Absent a welfare state, we observe an investment boom,...

We study the behavior of output, employment, consumption, and investment in Germany during the Great Depression of 1928-37. In this time period, real wages were countercyclical, and productivity and fiscal policy was procyclical. We use the neoclassical growth model to investigate how much these...

Household-specific growth rates of the tax base imply that the timing of tax collections determines the distribution of tax burdens and wealth across households. Changes in fiscal policy do not only shift tax burdens across generations, but also within cohorts. Institutional deficit constraints...