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capital on GDP per capita, and second, a permanent increase in migration ows has a positive effect on productivity growth …This paper offers a reappraisal of the impact of migration on economic growth for 22 OECD countries between 1986 …. However, the growth impact of immigration is small even in countries that have highly selective migration policies. …
Persistent link: https://www.econbiz.de/10010533072
pollution intensity. Countries' growth rates are determined endogenously, and abatement efficiency is improved by technical …
Persistent link: https://www.econbiz.de/10011920831
This paper offers a reappraisal of the impact of migration on economic growth for 22 OECD countries between 1986 … capital on economic growth. And second, the contribution of immigrants to human capital accumulation tends to dominate the …
Persistent link: https://www.econbiz.de/10010442327
A two-sector real business cycle model, estimated with postwar U.S. data, identifies shocks to the levels and growth … rates of total factor productivity in distinct consumption- and investmentgoods- producing technologies. This model … attributes most of the productivity slowdown of the 1970s to the consumption-goods sector; it suggests that a slowdown in the …
Persistent link: https://www.econbiz.de/10003347261
independent parts. The demand dynamics is first analysed through a growth-accounting decomposition, then through the long term … understanding of the supply-side growth dynamics, privileging a trade perspective: the definition of comparative advantages and the …
Persistent link: https://www.econbiz.de/10011435987
Since the mid-1990s, Italy's economic growth faltered, primarily due to sluggish productivity growth. This article … growth-enhancing reforms in these areas. The simulations show that structural reforms could boost productivity and GDP growth … investigates the root causes of the slow growth. Firstly, it benchmarks Italy over time vis-à-vis euro area and OECD countries in …
Persistent link: https://www.econbiz.de/10012868091
I estimate a Solow model augmented with human capital in 42 countries for 1910-2000. Estimated TFP growth is 0.3%/year …, and the steady-state rate for GDP/capita is 1.0% year. Implicitly for high-income countries maintaining growth above this …
Persistent link: https://www.econbiz.de/10013047293
productivity is both an input of the growth process, influencing macroeconomic dynamics, and a consequence of growth, because …-Keynesian cumulative growth model driven by the dynamic interaction between the demand regime and the productivity regime. The model …In the Structuralist-Keynesian approach, economic growth is a cumulative causation process driven by a continuous …
Persistent link: https://www.econbiz.de/10012930486
sectoral transformation, and labour productivity growth in the EU in several new dimensions. First, based on the latest data …, we document the size of the negative effect that structural change has exerted onto productivity growth over long time … structural change may have on future productivity growth. This model generates structural change through both price and income …
Persistent link: https://www.econbiz.de/10012670165
This paper studies the effect of structural change on the historical path of aggregate labor productivity growth for a … that structural change may have on future productivity growth. We document that the observed reallocation of economic … activity since the 1970s towards the service sector has exerted a strongly negative effect on aggregate productivity growth in …
Persistent link: https://www.econbiz.de/10013211112