Showing 1 - 10 of 53
This paper studies the impact of aid volatility in a two-period model where production may occur with either a traditional or a modern technology. Public spending is productive and "time to build" requires expenditure in both periods for the modern technology to be used. The possibility of a...
Persistent link: https://www.econbiz.de/10005575789
This paper proposes a theory for the gradual evolution of knowledge diffusion and growth over the very long run. A feedback mechanism between capital accumulation and the ease of knowledge diffusion explains a long epoch of (quasi-) stasis and an epoch of high growth linked by a gradual economic...
Persistent link: https://www.econbiz.de/10010954288
data on 38 countries from 1963-2000, there is clear convergence in the consumption of wine relative to beer between 1963 … and 2000. Convergence occurs even more quickly within groups of countries that have a higher degree of integration. A key … is converging, several Latin American countries fail to converge. The patterns of convergence are consistent with …
Persistent link: https://www.econbiz.de/10010536128
data on 38 countries from 1963-2000, there is clear convergence in the consumption of wine relative to beer between 1963 … and 2000. Convergence occurs even more quickly within groups of countries that have a higher degree of integration. A key … is converging, several Latin American countries fail to converge. The patterns of convergence are consistent with …
Persistent link: https://www.econbiz.de/10010536300
data on 38 countries from 1963-2000, there is clear convergence in the consumption of wine relative to beer between 1963 … and 2000. Convergence occurs even more quickly within groups of countries that have a higher degree of integration. A key … is converging, several Latin American countries fail to converge. The patterns of convergence are consistent with …
Persistent link: https://www.econbiz.de/10010536311
-fertility regime. Visually, the two peaks moved closer together. For the low fertility-group we find both beta- and sigma- convergence … but we cannot establish any convergence pattern for the high fertility regime. Overall our findings are difficult to …
Persistent link: https://www.econbiz.de/10008472751
This paper proposes a theory for the gradual evolution of knowledge diffusion and growth over the very long run. A feedback mechanism between capital accumulation and the ease of knowledge diffusion explains a long epoch of (quasi-) stasis and an epoch of high growth linked by a gradual economic...
Persistent link: https://www.econbiz.de/10008674363
, we find both β- and σ -convergence but we cannot establish any convergence pattern for the high-fertility regime. Our … results support the idea of conditional convergence where the condition is the successful initiation of the fertility …
Persistent link: https://www.econbiz.de/10011151117
-fertility regime. Visually, the two peaks moved closer together. For the low fertility-group we nd both - and - convergence but we … cannot establish any convergence pattern for the high fertility regime. Overall our ndings are dicult to reconcile with the …
Persistent link: https://www.econbiz.de/10008560335
Unified growth theory predicts that the timing of the fertility transition is a key determinant of contemporary comparative development, as it marks the onset of the take-off to sustained growth. Neoclassical growth theory presupposes a take-off, and explains comparative development by...
Persistent link: https://www.econbiz.de/10010954277