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Persistent link: https://www.econbiz.de/10003750464
This paper provides estimates of the impact of demographic change on labor productivity growth, relying on annual data over 1961-2018 for a panel f 90 advanced and emerging economies. We find that increases in both the young and old population shares have significantly negative effects on labor...
Persistent link: https://www.econbiz.de/10012814491
In this paper we document the stylized facts about the relationship between international oil price swings, sovereign risk and macroeconomic performance of oil-exporting economies. We show that even though being a bigger oil producer decreases sovereign risk–because it increases a...
Persistent link: https://www.econbiz.de/10011950480
Persistent link: https://www.econbiz.de/10003359906
India is at the cusp of a major urban transition. In less than twenty years, India's urban population is expected to … nearly double from 377 million today to over 600 million. Indian cities already contribute an estimated two-thirds of India …, accommodating a growing urban workforce will require large investments in new urban spaces. How prepared is India to deal with this …
Persistent link: https://www.econbiz.de/10011301949
, infrastructure, and literacy rates, as well as state-level effects, have all contributed to the lack of absolute convergence in India. …
Persistent link: https://www.econbiz.de/10010208649
Persistent link: https://www.econbiz.de/10014556593
This paper uses the standard one-sector neoclassical growth model to investigate why China’s consumption has been low and investment high. It finds that the low cost of capital has been quantitatively an important factor. Theory predicts that the price of capital may have been significantly...
Persistent link: https://www.econbiz.de/10003758478
The paper reviews India’s macroeconomic performance and policies since 2000. The first section briefly summarizes key … to deal with the challenge of the unprecedented surge in external capital inflows into India. The final section outlines … India in macroeconomic policy and coping with a weak international economic environment. -- Economic growth ; inflation …
Persistent link: https://www.econbiz.de/10003768016
India’s emergence in the world economy over the last decade, has often, in popular discourse, been attributed, at least … present an overview of India’s technological trajectory with a view to understanding the nuances of India’s technological … capability and the role it has played in the process of India’s economic progress. Our conclusion is that while India has …
Persistent link: https://www.econbiz.de/10003781183