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addressed by studying the response to productivity shocks in a baseline two country, two goods, incomplete market model, where …
Persistent link: https://www.econbiz.de/10012976346
This paper examines whether labor productivity converged across Peru?s regions (?departments?) during 2002-12. Given … the large differences in labor productivity across the regions of Peru, such convergence has the potential to raise … aggregate productivity and incomes, and also reduce regional inequalities. The paper finds that labor productivity in the …
Persistent link: https://www.econbiz.de/10012970608
the productivity of the economy. Africa has been lagging behind in the global manufacturing market. Among others …
Persistent link: https://www.econbiz.de/10012971679
This paper takes a fresh look at growth convergence in India, combining insights from macroeconomics and urban economics. It departs from the existing literature in three ways. First, the paper assesses growth patterns across districts and across places below the district level instead of taking...
Persistent link: https://www.econbiz.de/10012907095
In projecting global food demand to 2050, much attention has been given to rising demand due to the projected population increase from the current 7.4 billion to more than 9 billion. An increasingly important source of the increase in food demand is per capita demand growth induced by rising...
Persistent link: https://www.econbiz.de/10012942612
The many and varied crises in the world economy since 2007 seem to have different origins and diverse manifestations. This paper contends that there is however a structural shift beneath the global economy that is now reaching a critical mass, and that accounts for many of these crises, despite...
Persistent link: https://www.econbiz.de/10012969887
Scholars have often argued that crime deters growth, but the empirical literature assessing such effect is scarce. By exploiting cross-municipality income and crime data for Mexico -- a country that experienced a high increase in crime rates over the past decade -- this study circumvents two of...
Persistent link: https://www.econbiz.de/10012973662
The objective of the paper is (i) to help fill the gap in knowledge on the long-term economic history of Poland; (ii) to provide a new perspective to the debate on the economic future of Poland, with a special focus on its historically unprecedented post-transition growth experience; and (iii) to...
Persistent link: https://www.econbiz.de/10012973914
In recent years, the term "middle-income trap" has entered common parlance in the development policy community. The term itself often has not been precisely defined in the incipient literature. This paper discusses in more detail definitional issues on the so-called middle-income trap. The paper...
Persistent link: https://www.econbiz.de/10012974017
Modern economic development is accompanied by the structural transformation from an agrarian to an industrial economy and occurs through a process of continuous industrial and technological upgrading. Since the 18th century, all countries that industrialized successfully in Europe, North America...
Persistent link: https://www.econbiz.de/10012975353