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Structural transformation in most currently developing countries takes the form of a rapid rise in services but limited industrialization. In this paper, we propose a new methodology to structurally estimate productivity growth in service industries that circumvents the notorious difficulties in...
Persistent link: https://www.econbiz.de/10014474491
Comparisons of India and China have been made for over 50 years. This paper focuses on purchasing power estimates in … China and India in the 2005 round of the UN International Comparison Programme (ICP) that was coordinated by the World Bank … currencies and real product per capita for 146 countries, and the results for China and India are discussed in the context of the …
Persistent link: https://www.econbiz.de/10011807635
This paper investigates the extent to which the decline in child mortality over the last three decades can be attributed to economic growth. In doing this, it exploits the considerable variation in growth over this period, across states and over time. The analysis is able to condition upon a...
Persistent link: https://www.econbiz.de/10010284804
Improving New Zealand's economic performance is one of the key outcomes driving the work of the New Zealand Treasury and international connections are an important means of achieving that. The promotion of sustainable economic growth and improved living standards in the Asia-Pacific region...
Persistent link: https://www.econbiz.de/10012115605
We study a model where economic growth is fueled by public basic-research investment and the importation of leading technology from foreign countries. In each period, the government chooses the amount of basic research, balancing the cost and benefits of stimulating growth through both channels....
Persistent link: https://www.econbiz.de/10011753203
Mankiw Romer and Weil (1992) made the Solovian set up widely-used to test the determinants of economic growth and the speed of convergence. Subsequently, in almost all convergence studies, an exogenously growing technology is assumed and this component is treated as part of the constant term. In...
Persistent link: https://www.econbiz.de/10011807211
Defense literature is still in need of a theoretical framework in the neoclassical sense, in regard to empirical research on the relationship between defense spending and economic growth. In this respect, Dunne, Smith and Willenbockel (2005), although not without technical problems, represented...
Persistent link: https://www.econbiz.de/10011807212
We show that in a fully integrated economy, in which there is free mobility of goods and factors, each member’s share of total output will equal its shares of total stocks of productive factors (i.e., physical and human capital). We label this result the equal-share relationship. This...
Persistent link: https://www.econbiz.de/10010325430
This paper examines the extent of gender gap in private school enrolment in India, an issue that has not been …
Persistent link: https://www.econbiz.de/10010282389
It is often assumed that recent success in the high-technology software industry will lead India's development. However … development pattern in India. …
Persistent link: https://www.econbiz.de/10010321626