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An Accounting Method for Economic Growth
Zhao, Hongchun - In: Frontiers of Economics in China 7 (2012) 1, pp. 44-69
As Chari et al. (2007) indicate, many growth theories explaining frictions in real economies are equivalent to a competitive economy, with some exogenous taxes. Using this idea, I developed an accounting method for identifying fundamental causes of economic growth. A two-sector neoclassical...
Persistent link: https://www.econbiz.de/10010888579
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The new empirics of economic growth
Durlauf, S.N.; Quah, D.T. - Wisconsin Madison - Social Systems - 1998
Persistent link: https://www.econbiz.de/10005443395
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Economic Growth with Heterogeneous Households,Gender Division of Labor, and Elastic Labor Supply
Zhang, 张 卫彬 - In: Journal of Income Distribution 21 (2012) 2, pp. 15-37
The purpose of this study is to propose a growth model with gender-heterogeneous households and an elastic labor supply. The dynamic model describes an interaction among economic growth, time, gender, income, and wealth distribution. Our investigation differs from traditional growth and...
Persistent link: https://www.econbiz.de/10010711968
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An Exploration of Technology Diffusion
Comin, Diego A.; Hobijn, Bart - Harvard Business School, Harvard University - 2008
We develop a model that, at the aggregate level, is similar to the one sector neoclassical growth model, while, at the disaggregate level, has implications for the path of observable measures of technology adoption. We estimate our model using data on the diffusion of 15 technologies in 166...
Persistent link: https://www.econbiz.de/10005553323
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Technology Diffusion and Postwar Growth
Comin, Diego; Hobijn, Bart - Harvard Business School, Harvard University - 2010
In the aftermath of World War II, the world's economies exhibited very different rates of economic recovery. We provide evidence that those countries that caught up the most with the U.S. in the postwar period are those that also saw an acceleration in the speed of adoption of new technologies....
Persistent link: https://www.econbiz.de/10008564676
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The Telecommunications Industry and Economic Growth: How the Market Structure Matters
Jerbashian, Vahagn - Center for Economic Research and Graduate Education and … - 2011
in it. This paper suggests how the market struc- ture of telecom and the competition type in the telecom market can …
Persistent link: https://www.econbiz.de/10008862259
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Social Security Reform and Population Ageing in a Two-Sector Growth Model
van Groezen, Bas; Meijdam, Lex; Verbon, H.A.A. - Tilburg University, Center for Economic Research - 2002
This paper analyses the effects of reducing unfunded social security and population ageing on economic growth and welfare, both for a small open economy and for a closed economy.The economy consists of a service sector and a commodity sector.Productivity growth only occurs in the latter sector...
Persistent link: https://www.econbiz.de/10011090756
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On the Organisation of SMEs and Economic Growth in the USA and Japan
Sanidas, E. - School of Accounting, Economics, and Finance, … - 2000
degree of competition that exists in each country and within each sector of a national economy. A historical examination of … the USA and Japan provides a qualitative evidence to this role of competition. Also, the same historical trip reveals the … close relationship, which prevails between the degree of competition as represented by the total number of firms and the …
Persistent link: https://www.econbiz.de/10005812415
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The Limiting Distribution of Production in Integrated Economies: Evidence from US States and EU Countries
Bowen, Harry P.; Munandar, Haris; Viaene, Jean-Marie - Tinbergen Instituut - 2005
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/10011255601
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Ageing, Productivity and Economic Growth: A Macro-level Analysis
Werding, Martin - Center for Intergenerational Studies, Institute of … - 2007
Slower growth, or even a decline, of the labour force and an increase in old-age dependency will slow down the growth of aggregrate output and output per capita in many developed countries. However, a major question is whether there is any systematic link between demographics and the...
Persistent link: https://www.econbiz.de/10005018291