Similar Search Results

Acemoglu, Daron - 2002

much less, in (continental) Europe over the same time period. I review the two most popular explanations for these … differential trends: that relative supply of skills increased faster in Europe, and that European labor market institutions … where labor market institutions creating wage compression in Europe also encourage more investment in technologies …

Persistent link: https://www.econbiz.de/10011653022

Energy distribution, power laws, and economic growth

Dalgaard, Carl-Johan; Strulik, Holger - 2008

The natural sciences have established a general scaling law that relates metabolism and body size of animals. Recently this association - known as Kleiber's law - has received deep theoretical foundation by network theory and has been fruitfully applied to explain various biological phenomena,...

Persistent link: https://www.econbiz.de/10010264937

Voracity and growth econsidered

Strulik, Holger - 2008

This article investigates economic performance when enforceable property rights are missing and subsistence needs matter. It shows that if per capita income is sufficiently high, a windfall gain in productivity triggers behavior that leads to higher growth (the normal reaction). The same shock...

Persistent link: https://www.econbiz.de/10010265685

The voracity effect: Comment

Strulik, Holger - 2011

In an influential article Tornell and Lane (1999) considered an economy populated by multiple powerful groups in which property rights in the formal sector of production are not protected. They obtained conditions under which the groups appropriate output from the formal sector in order to...

Persistent link: https://www.econbiz.de/10010288997

Poverty, voracity, and growth

Strulik, Holger - 2011

This article investigates economic performance when enforceable property rights are missing and basic needs matter for consumption. It suggests a new view of the so-called voracity effect according to which windfall gains in productivity induce behavior that leads to lower economic growth....

Persistent link: https://www.econbiz.de/10010289018

International rules for trade in natural resources

Collier, Paul; Venables, Tony - 2010

This paper investigates the scope for international rules to address market failures in trade in natural resources and the associated international transactions of prospecting and investment in resource exploitation. We argue that several market failures are likely to have substantial costs....

Persistent link: https://www.econbiz.de/10010326783

Life expectancy, labor supply, and long-run growth: Reconciling theory and evidence

Strulik, Holger; Werner, Katharina - 2012

We set up a simple overlapping generation model that allows us to distinguish between life expectancy and active life expectancy. We show that individuals optimally adjust to a longer active life by educating more and, if the labor supply elasticity is high enough, by supplying less labor. When...

Persistent link: https://www.econbiz.de/10010311688