Showing 1 - 10 of 3,064
Estimates of the quantitative attributes of Canadian economic history, such as total output, manufacturing output, labour productivity, and price changes, have, with the application of more sophisticated methods of data collection and compilation, undergone significant revision since the 1950s....
Persistent link: https://www.econbiz.de/10014198785
In a sample of 110 countries over the period 1960–2009, we document a positive relation between the volatility and … volatility and skewness in panel data with country fixed effects in the top quartile of countries in terms of beginning …
Persistent link: https://www.econbiz.de/10012938656
In a sample of 110 countries over the period 1960-2009, we document a positive relation between the volatility and … volatility and skewness in panel data with country fixed effects in the top quartile of countries in terms of beginning …
Persistent link: https://www.econbiz.de/10014032598
We argue that the system of seigneurial tenure used in the province of Quebec until the mid-nineteenth centurya system which allowed significant market power in the establishment of plants, factories and mills, combined with restrictions on the mobility of the labor force within each seigneurial...
Persistent link: https://www.econbiz.de/10011542099
Persistent link: https://www.econbiz.de/10003315521
macroeconomic volatility prevents countries with a higher incidence of poverty from converging in poverty levels to those with less … poverty on a global scale. Once volatility is controlled for, the relevant convergence parameter shows the expected negative … sign and is robust to various estimation techniques and model specifications. Only if a country's volatility exceeds a …
Persistent link: https://www.econbiz.de/10010360158
significantly lower aggregate volatility. This relationship is also highly non-linear starting from a low level of financial … development the reduction in aggregate volatility by financial deepening is far more significant than it is when the financial … spending shocks, preference shocks) on aggregate output and investment, and why this volatility-reducing effect diminishes with …
Persistent link: https://www.econbiz.de/10013088166
macroeconomic volatility prevents countries with a higher incidence of poverty from converging in poverty levels to those with less … poverty on a global scale. Once volatility is controlled for, the relevant convergence parameter shows the expected negative … sign and is robust to various estimation techniques and model specifications. Only if a country's volatility exceeds a …
Persistent link: https://www.econbiz.de/10013062198
Does GDP composition affect GDP growth and volatility? Typically, economies at advanced stages of development grow … volatility are the same in manufacturing and services at the gross output level, the larger intensity of intermediate goods in … gross output production in manufacturing implies a larger growth and volatility of TFP at the value added level in …
Persistent link: https://www.econbiz.de/10013141336
This paper presents an empirical examination of economic and institutional development. Utilizing a novel data set on American Indian tribal nations, we investigate how constitutional design affects economic development, while holding the broader legal and political environment fixed....
Persistent link: https://www.econbiz.de/10009575381