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Previous research shows that technical progress at the industry level, measured by sectoral TFP growth, is more localized in continental European countries than in Anglo-Saxon coun-tries. We use EU KLEMS data sets to decompose sectoral TFP for nine European countries by means of a Malmquist...
Persistent link: https://www.econbiz.de/10010957993
The euro area economy is heavily specialized in research-intensive industries. The significance of these branches varies dramatically across the euro area countries but they are particularly important in Germany. Recent debate implies, to a certain extent, that the introduction of the euro...
Persistent link: https://www.econbiz.de/10011128402
-intensive industries by looking at the development of value added and labor productivity. Internationally comparable data on the subject …
Persistent link: https://www.econbiz.de/10009371855
Previous research shows that technical progress at the industry level, measured by sectoral TFP growth, is more localized in continental European countries than in Anglo-Saxon countries. We use EU KLEMS data sets to decompose sectoral TFP for nine European countries by means of a Malmquist...
Persistent link: https://www.econbiz.de/10010896211
once it begins. Globally, long-term vulnerability to epidemics may decrease as development standards rise, but a more …
Persistent link: https://www.econbiz.de/10005200865
growth and development: the age structure of the population is also fundamentally important. …
Persistent link: https://www.econbiz.de/10009294018
In a recent paper, Acemoglu and Johnson (2007) argue that the large increases in population health witnessed in the 20th century may have lowered income levels. We argue that this result depends crucially on their assumption that initial health and income do not affect subsequent economic...
Persistent link: https://www.econbiz.de/10008599629
institutional quality such that, the institutional downside of development assistance maybe questionable when greater domestic … institutional development has taken place. Based on the hypothesis of institutional thresholds for foreign aid effectiveness, the … perilous character of development assistance to institutional quality is broadly confirmed in 53 African countries for the …
Persistent link: https://www.econbiz.de/10010840472
The proportion of a country's population living in urban areas is highly correlated with its level of income. Urban areas offer economies of scale and richer market structures, and there is strong evidence that workers in urban areas are individually more productive, and earn more, than rural...
Persistent link: https://www.econbiz.de/10005698403
Purpose – The purpose of this paper is to examine the effects of policy options in financial dynamics (of money, credit, efficiency and size) on consumer prices. Soaring food prices have marked the geopolitical landscape of African countries in the past decade. Design/methodology/approach –...
Persistent link: https://www.econbiz.de/10010685889