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economies. To fix ideas we present an extension of Barro, Mankiw and Sala-i-Martin?s (1995) growth model that incorporates two …Historically, episodes of rapid growth are accompanied by significant structural change. In this paper we therefore aim … to quantify the extent to which factor accumulation induces structural change and productivity growth in industrializing …
Persistent link: https://www.econbiz.de/10010263207
Building on a Kaleckian-structuralist macroeconomic growth model this paper examines the impact of the interaction … between labor market gender equality and social reproduction (SR) or care provisioning, on economic growth across U.S. states … relationship between women's labor force participation rate (WLFPR) and state's per-capita growth rate across these regimes. The …
Persistent link: https://www.econbiz.de/10014581882
, to enhance countries' growth. I argue that the relationship between stock markets and growth is exaggerated and that the … simple act of opening a formal stock market is not a good predictor of whether a country will experience economic growth …. While it is possible that in some instances opening a stock market can lead to increased growth, I do not find any evidence …
Persistent link: https://www.econbiz.de/10010369472
economic growth. This research has relied on a variety of econometric techniques applied to large cross-country data sets …. Although the documented positive effects of both RER competitiveness and stability on growth appear to be robust, it is still …: the financial globalization channel and the tradable-led growth channel. I conclude that since these mechanisms are not …
Persistent link: https://www.econbiz.de/10010457024
beneficial in early stages of development, generated in later stages a hurdle for human capital accumulation and economic growth … from an agrarian to an industrial economy generating diverging growth patterns across countries. Land abundance, which was … of industrialization affected the transition to modern growth and has brought about changes in the ranking of countries …
Persistent link: https://www.econbiz.de/10010318867
development. …
Persistent link: https://www.econbiz.de/10010284042
-faring and airborne transportation technologies, to examine its impact on the course of economic development across the globe … effect on the process of development and contributed to the contemporary variation in the standard of living across countries. …
Persistent link: https://www.econbiz.de/10010284086
Governments perpetually align their policies to satisfy shifts in voters' relative demand for economic growth versus … growth. This mechanism generates a positive co-movement between inequality and growth. The pattern is weaker in countries …
Persistent link: https://www.econbiz.de/10013208644
This paper studies an analytically tractable model of the formation and evolution of chains of production. Over time, entrepreneurs accumulate techniques to produce their good using goods produced by other entrepreneurs and labor as inputs. The value of a technique depends on both the...
Persistent link: https://www.econbiz.de/10010292100
outward development with export-led growth, industrialisation or growth with predominant primary goods exports, foreign …-run continuous growth and development performance with more resilience against adverse shocks is key. Almost all larger middle …The article provides a broad-based overview on competing development strategies and the economic performance of …
Persistent link: https://www.econbiz.de/10011304515