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This research argues that the differential effect of international trade on the demand for human capital across countries has been a major determinant of the distribution of income and population across the globe. In developed countries the gains from trade have been directed towards investment...
Persistent link: https://www.econbiz.de/10014220825
This research argues that the differential effect of international trade on the demand for human capital across countries has been a major determinant of the distribution of income and population across the globe. In developed countries the gains from trade have been directed towards investment...
Persistent link: https://www.econbiz.de/10003728408
determinant of the distribution of world population and a prime cause of the 'Great Divergence' in income per capita across …
Persistent link: https://www.econbiz.de/10014060187
This paper explores the evolution of child labor, fertility, and human capital in the process of development. In early stages of development the economy is in a development trap where child labor is abundant, fertility is high and output per capita is low. Technological progress, however,...
Persistent link: https://www.econbiz.de/10014115096
This paper explores the evolution of child labor, fertility, and human capital in the process of development. In early stages of development the economy is in a development trap where child labor is abundant, fertility is high and output per capita is low. Technological progress, however,...
Persistent link: https://www.econbiz.de/10014123692
Persistent link: https://www.econbiz.de/10002644588
Persistent link: https://www.econbiz.de/10003669771
Persistent link: https://www.econbiz.de/10003759305
This work shows the asymmetric effect of the reduction in transportation costs across different sectors in the process of the Great Divergence. Specifically, the analysis indicates that reductions in transportation costs of industrial goods enhance convergence of the growth rates of trading...
Persistent link: https://www.econbiz.de/10010347039
model of international trade and productivity growth in the presence of a misallocation of resources. Misallocation in a … the absence of any explicit trade barriers. In the model, whether barriers diminish or worsen with productivity growth … productivity growth leads to diminishing barriers and vice versa. In either case, productivity growth strengthens the comparative …
Persistent link: https://www.econbiz.de/10013028419