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Conventional R&D-based growth theory argues that productivity growth is driven by population growth but the data … suggest that the erstwhile positive correlation between population and productivity turned negative during the 20th century … explains why in modern economies high growth of productivity and income is associated with low or negative population growth …
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a panel of European countries over the period 1265-1850 using agricultural productivity as a measure of technology …
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We investigate the effects of human capital accumulation on trade and productivity by integrating a micro …
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We investigate the effects of demographic change and human capital accumulation on trade and productivity of domestic … need not be a serious concern with respect to productivity and international competitiveness of countries. …
Persistent link: https://www.econbiz.de/10009757285
This paper integrates a simple theory of identity choice into a framework of endogenous economic growth to explain how secularization can be both cause and consequence of economic development. A secular identity allows an individual to derive more pleasure from consumption than religious...
Persistent link: https://www.econbiz.de/10010492354
In medieval times, most people identified with religious values and aggregate income and productivity grew at glacier … speed. In the 20th century, religion played a much lesser role in daily life and income and productivity grew at high and … worldly pleasures and aggregate productivity takes off. An extension of the basic model investigates the Protestant …
Persistent link: https://www.econbiz.de/10010357676
We propose an innovation-driven growth model in which education is determined by family background and cognitive ability. We show that compulsory schooling can move a society from elite education to mass education, which then triggers market R&D. This means that our model rationalizes two...
Persistent link: https://www.econbiz.de/10011392484