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An interesting puzzle is that trade liberalization in the 1980s and 1990s has been associated with a sharp increase in the skill premium in both developed and developing countries.This is in contrast with neoclassical theory, according to which trade should increase therelative return of the...
Persistent link: https://www.econbiz.de/10008860714
Das Wirtschaftswachstum und die wirtschaftliche Effektivität der Produktionsind Kernfragen der wirtschaftlichen … Entwicklung einer Gesellschaft. Ihr Erreichenist objektiv begründet und geht aus den Gesetzen, Prinzipien und Anforderungender … Problem des wirtschaftlichen und sozialen Übergangs zum Wirtschaftswachstum, weil nur so die Probleme des Übergangs zur …
Persistent link: https://www.econbiz.de/10005862628
The theory of endogenous technical change has deeply contributed to our understanding ofthe fundamental sources of economic growth and development. In this chapter we surveyimportant contributions in the field by focussing on the basic structure of endogenous growthmodels with horizontal as well...
Persistent link: https://www.econbiz.de/10005863368
This paper re-examines the empirical relationship between financial development and economic growth. It presents evidence based on an updated data set, a variety of econometric methods and two standard measures of financial development: the level of liquid liabilities of the banking system and...
Persistent link: https://www.econbiz.de/10005858057
Entrepreneurship is a hot topic both in academic and policy circles.1 There is a growingrecognition that entrepreneurship is a driving force in economic growth and development in bothestablished and emerging economies. There is also an increasing body of evidence suggestingentrepreneurship that...
Persistent link: https://www.econbiz.de/10009360738
We often observe minority ethnic groups at a disadvantage relative to the majority. Why is this and what can be done about it? Efforts made to assimilate, and time, are two elements working to bring the minority into line with the majority. A third element, the degree to which the majority...
Persistent link: https://www.econbiz.de/10005859495
The main contribution of this paper to current philosophical and sociological studies on modelling is to analyse modelling as an object-oriented interdisciplinary activity and thus to bring new insights into the wide, heterogeneous discourse on tools, forms and organisation of interdisciplinary...
Persistent link: https://www.econbiz.de/10005870942
During the 1980s and 1990s, the Netherlands experienced a strong increase in the labourforce participation of women. This study investigates the increase of participation over thesuccessive generations of women, and produces an educated guess for future participation.For this purpose, we...
Persistent link: https://www.econbiz.de/10005861151
In this paper we show that the recent model by Duranton (AER, 2007) performs remarkablywell in replicating the city size distribution of West Germany, much better than the simplerank-size rule known as Zipf´s law. The main mechanism of this theoretical framework is thechurning of industries...
Persistent link: https://www.econbiz.de/10005861364
This note investigates the effects of the education level, product market rigidities andemployment protection legislation on growth. It exploits macro-panel data for OECDcountries...
Persistent link: https://www.econbiz.de/10005861411