Does a country's level of unemployment have an impact on the long-run growth rate? Incorporating unemployment into a … generalised augmented Solow-type growth model, yields some answers to this question. In particular, we show that the impact of … unemployment on productivity growth heavily depends on the influence of human capital in the production function. In the …

Does a country's level of unemployment have an impact on the long-run growth rate? Incorporating unemployment into a … generalised Solow-type growth model yields some answers. In the traditional Solow model, unemployment has no long-run influence on … the growth rate and the level of productivity. The long-run level of productivity is reduced if higher unemployment leads …

growth through capital accumulation. This paper contributes to this literature. As opposed to the previous studies, which …

paper focuses on economic growth and investigates empirically the influence of age variables on growth. Unlike other recent …. Estimations of a typical growth specification, augmented with age variables and other, more volatile, economic variables, are … carried out, and results from these regressions seem to indicate that economic growth is indeed affected by the age …

importance of efficiency changes for economic growth. Using a sample of 26 OECD countries from 1965-90, we find convergence and …The empirical growth literature has focused on capital accumulation but largely ignored productivity growth. To address … this imbalance, we propose a methodology for analyzing productivity convergence based on frontier production functions. We …

growth phases. Results show that expansionary regimes are associated with convergence and positive correlation between growth …Growth dynamics are remarkably heterogeneous, in particular when one focuses on developing countries. Economic miracles … and failures are embedded within extended phases of either growth or decline. We propose a methodology and a taxonomy that …

analyzing the determinants of long-run growth and convergence that is versatile, simple and empirically useful. Versatile, as … the same framework can be used to analyze how growth interacts with development and cross-country convergence and …In this chapter we argue that the endogenous growth model with quality-improving innovations provides a framework for …

In this paper, I document the existence of unconditional convergence in labor productivity across Mexican states in … three-digit manufacturing industries. The rate of convergence for the period 1988-2018 is 1.18% per year. However, this … result does not hold at the aggregate level: I find no unconditional convergence in manufacturing-wide labor productivity …

We study economic growth in four emerging economies - Brazil, Russia, India, and China (BRIC). Questions addressed are …: (a) How do medium term growth determinants differ from short term determinants? (b) What are differences between growth … effects of aggregate versus disaggregated exports? And (c) Does lower institutional quality hinder growth? Results show that …