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Sectoral infrastructure investment in an unbalanced growing economy: The case of India
Ghate, Chetan; Glomm, Gerhard; Liu, Jialu - 2012
We study the sectoral allocation of public infrastructure investments in the agriculture and manufacturing sectors in … agriculture in India has fallen, while it has risen in manufacturing. To match these observations we construct a two sector OLG … allocation of infrastructure across agriculture and manufacturing. We find: 1. The growth maximizing share of public capital …
Persistent link: https://www.econbiz.de/10011807668
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Structural change and the Kaldor facts in a growth model with relative price and non-Gorman preferences
Boppart, Timo - 2011
Growth of per-capita income is associated with (i) significant shifts in the sectoral economic structure, (ii) systematic changes in relative prices and (iii) the Kaldor facts. Moreover, (iv) cross-sectional data shows systematic expenditure structure difference between rich and poor households....
Persistent link: https://www.econbiz.de/10010316847
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Accumulation and Productivity Growth in Industrializing Economies
Robertson, Peter E.; Landon-Lane, John S. - 2003
to quantify the extent to which factor accumulation induces structural change and productivity growth in industrializing … many countries. We conclude that the productivity gains through labour re-allocation are potentially a significant …
Persistent link: https://www.econbiz.de/10010263207
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The product space: What does it say about the opportunities for growth and structural transformation of Sub-Saharan Africa?
Abdon, Arnelyn; Felipe, Jesus - 2011
In this paper we look at the economic development of Sub-Saharan Africa (SSA) in the context of structural transformation. We use Hidalgo et al.'s (2007) concept of product space to show the evolution of the region's productive structure, and discuss the opportunities for growth and...
Persistent link: https://www.econbiz.de/10010281709
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What do exogenous shocks tell us about growth theories?
Noy, Ilan; Nualsri, Aekkanush - 2007
The sources of economic growth and development have been puzzling economists from the modern dawn of the profession. While the Solow-Swan neo-classical model dominated research on growth in the 1960s and 1970s, the 1980s saw the emergence of growth theories that disputed, largely on theoretical...
Persistent link: https://www.econbiz.de/10010285333
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The Impact of the European Carbon Market on Firm Productivity: Evidence from Italian Manufacturing Firms
D'Arcangelo, Filippo Maria; Pavan, Giulia; Calligaris, Sara - 2022
provide evidence of the causal impact of this policy on firms' input choices and on total factor productivity on Italian … the productivity obtained from estimating the production function, does not provide valid inference. We rely instead on an … innovative structural approach. We find that the policy has a small negative effect on productivity that is heterogeneous across …
Persistent link: https://www.econbiz.de/10013470515
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Counting gigs: How can we measure the scale of online platform work?
Piasna, Agnieszka - 2020
The potential transformation of labour markets by the emergence of online labour platforms has triggered an intense academic, media and policy debate, but its true scale remains speculation. Nevertheless, adequate policy responses hinge on a good understanding of dynamics - something that will...
Persistent link: https://www.econbiz.de/10014565869
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Phasing out coal: A just transition approach
Galgóczi, Béla - 2019
The clock is ticking and time is running short for us to have a realistic chance to get climate change under control and prevent it becoming irreversible and selfsustaining. Phasing out coal is widely seen as a 'low hanging fruit' of climate policy commitments in the move towards a net zero...
Persistent link: https://www.econbiz.de/10014565937
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The Two Waves of Service-Sector Growth
Eichengreen, Barry; Gupta, Poonam - 2009
The positive association between the service sector share of output and per capita income is one of the best-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...
Persistent link: https://www.econbiz.de/10011807641
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Has India emerged? Business cycle stylized facts from a transitioning economy
Ghate, Chetan; Pandey, Radhika; Patnaik, Ila - 2012
This paper presents a comprehensive set of stylised facts for business cycles in India from 1950-2010. We show that most macroeconomic variables are less volatile in the post reform period, even though the volatility of macroeconomic variables is still high and similar to other emerging market...
Persistent link: https://www.econbiz.de/10011807666