Showing 1 - 10 of 87
In this paper, we test whether the growth experience of a sample of OECD countries over the past three decades is more … consistent with the human-capital augmented Solow model of exogenous growth, or with an endogenous growth model à la Uzawa … implied by these two models to discriminate between them. Using pooled crosscountry time-series data, we specify our growth …
Persistent link: https://www.econbiz.de/10005045653
This paper presents empirical estimates of human-capital augmented growth equations for a panel of 21 OECD countries … growth model assumptions with the needs of panel data regressions. Unlike several previous studies, our results point to a … positive and significant impact of human capital accumulation to output per capita growth. The estimated long-run effect on …
Persistent link: https://www.econbiz.de/10005045945
In this paper we present an international comparison of growth trends in the OECD countries, with a special attention … to developments in labour productivity - allowing for human capital accumulation – and multifactor productivity (MFP …. The main conclusions are that some “traditional” factors lay behind the disparities in growth patterns across the OECD …
Persistent link: https://www.econbiz.de/10012443928
capita growth, while differences in labour productivity have remained broadly stable. These patterns are explained by …This paper discusses growth performance in the OECD countries over the past two decades. Special attention is given to … developments in labour productivity, allowing for human capital accumulation, and multifactor productivity (MFP), allowing for …
Persistent link: https://www.econbiz.de/10012445598
In this paper we present an international comparison of growth trends in the OECD countries, with a special attention … to developments in labour productivity - allowing for human capital accumulation - and multifactor productivity (MFP …. The main conclusions are that some "traditional" factors lay behind the disparities in growth patterns across the OECD …
Persistent link: https://www.econbiz.de/10014144070
capita growth, while differences in labour productivity have remained broadly stable. These patterns are explained by …This paper discusses growth performance in the OECD countries over the past two decades. Special attention is given to … developments in labour productivity, allowing for human capital accumulation, and multifactor productivity (MFP), allowing for …
Persistent link: https://www.econbiz.de/10014147221
In this paper we present an international comparison of growth trends in the OECD countries, with a special attention … to developments in labour productivity - allowing for human capital accumulation – and multifactor productivity (MFP …. The main conclusions are that some “traditional” factors lay behind the disparities in growth patterns across the OECD …
Persistent link: https://www.econbiz.de/10005045776
capita growth, while differences in labour productivity have remained broadly stable. These patterns are explained by …This paper discusses growth performance in the OECD countries over the past two decades. Special attention is given to … developments in labour productivity, allowing for human capital accumulation, and multifactor productivity (MFP), allowing for …
Persistent link: https://www.econbiz.de/10005049024
multifactor productivity (MFP), which plays a crucial role in GDP growth and accounts for a significant share of its cross …In this paper, we relate the scope and depth of regulatory reforms to growth outcomes in OECD countries. By means of a … increased in recent years, despite extensive liberalisation and privatisation in the OECD area. We then look at the regulation-growth …
Persistent link: https://www.econbiz.de/10005046173
We test whether the growth experience of a sample of 21 OECD countries over the past three decades is more consistent … specify our growth regression without imposing cross-country homogeneity restrictions on the speed of convergence and short … to heterogeneity in population growth, technical change or progressiveness of income taxes. Our estimated speed of …
Persistent link: https://www.econbiz.de/10010274608