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We develop a classical macroeconomic model to examine the growth and distributional consequences of education. Contrary to the received wisdom, we show that human capital accumulation is not necessarily growth-inducing and inequality-reducing. Expansive education policies may foster growth and...
Persistent link: https://www.econbiz.de/10011596523
This study estimates Climate Adjusted Total Factor Productivity (CATFP) for agriculture in Latin America and Caribbean … (LAC) countries, while also providing comparisons with several regions of the world. Climatic variability is introduced in … induces significant reductions in productivity (2.3% to 10.7%), over the 2013-2040 period. Estimated output losses due to …
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This study is a first contribution to prioritization across productivity determinant capabilities that attempts to …
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indirect effects of the rise of industrial robots and productivity via international value chains on various industrial … technological advancements measured by total factor productivity (TFP). The results indicate that the overall impact of the …-2014 significantly, while the overall impact on the real value added growth of industries in the world was positive and significant. The …
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