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Business networks, production chains, and productivity: A theory of input-output architecture
Oberfield, Ezra - 2011
of a technique depends on both the productivity embodied in the technique and the cost of the particular input; when … productivity depends on whether the lower cost firms are the important suppliers of inputs. When the share of intermediate goods in … production is high, the lower cost firms are selected as suppliers more frequently. This raises aggregate productivity and also …
Persistent link: https://www.econbiz.de/10010292100
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Structural development accounting
Gancia, Gino; Müller, Andreas; Zilibotti, Fabrizio - 2011
We construct and estimate a unified model combining three of the main sources of cross-country income disparities: differences in factor endowments, barriers to technology adoption and the inappropriateness of frontier technologies to local conditions. The key components are different types of...
Persistent link: https://www.econbiz.de/10010316866
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Can Demography Improve Inflation Forecasts? The Case of Sweden
Bruér, Mattias - 2002
agree with a Phillips-Okun framework, assuming that the demographic composition affects productivity. The relative age …
Persistent link: https://www.econbiz.de/10010321784
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Population growth and carbon emissions
Casey, Gregory; Galor, Oded - 2016
We provide evidence that lower fertility can simultaneously increase income per capita and lower carbon emissions, eliminating a trade-off central to most policies aimed at slowing global climate change. We estimate the effect of lower fertility on carbon emissions accounting for the fact that...
Persistent link: https://www.econbiz.de/10011669327
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Population forecasts, fiscal policy, and risk
Tuljapurkar, Shripad - 2006
This paper describes how stochastic population forecasts are used to inform and analyze policies related to government spending on the elderly, mainly in the context of the industrialized nations. The paper first presents methods for making probabilistic forecasts of demographic rates,...
Persistent link: https://www.econbiz.de/10010266527
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Human capital, fertility and growth
Galor, Oded - 2006
The demographic transition that swept the world in the past 140 years has been identified as one of the prime forces in the transition from stagnation to growth. The unprecedented increase in population growth during the early stages of industrialization was ultimately reversed. The rise in the...
Persistent link: https://www.econbiz.de/10010318907
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Economic growth in the very long-run
Galor, Oded - 2006
The evolution of economies during the major portion of human history was marked by Malthusian Stagnation. The transition from an epoch of stagnation to a state of sustained economic growth has shaped the contemporary world economy and has led to the Great Divergence in income per capita across...
Persistent link: https://www.econbiz.de/10010318941
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The demographic transition and the emergence of sustained economic growth
Galor, Oded - 2004
The demographic transition that swept the world in the course of the last century has been identified as one of the prime forces in the transition from stagnation to growth. The unprecedented increase in population growth during the early stages of industrialization was ultimately reversed and...
Persistent link: https://www.econbiz.de/10010318956
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Natural selection and the origin of economic growth
Galor, Oded; Moav, Omer - 2000
This research develops an evolutionary growth theory that captures the interplay between the evolution of mankind and economic growth since the emergence of the human species. This uni…ed theory encompasses the observed evolution of population, technology and income per capita in the long...
Persistent link: https://www.econbiz.de/10010318963
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Darwinian evolution of entrepreneurial spirit and the process of development
Galor, Oded; Michalopoulos, Stelios - 2006
This research suggests that a Darwinian evolution of entrepreneurial spirit played a significant role in the process of economic development and the evolution of inequality within and across societies. The study argues that entrepreneurial spirit evolved nonmonotonically in the course of human...
Persistent link: https://www.econbiz.de/10010318965