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In the post-pandemic world, digital communication will be integral part of daily working to a higher extent than before, with a disproportionally strong impact on knowledge-based activities, like innovation and research. We present a multi-area endogenous growth model where abstract knowledge...
Persistent link: https://www.econbiz.de/10013228469
We investigate the impact of the COVID-19 pandemic on income levels, poverty, and inequality in both the immediate aftermath and during the uneven recovery until December 2021 using high-frequency household survey data from India. We find that the average household incomes dropped sharply during...
Persistent link: https://www.econbiz.de/10013380686
In this paper we consider relationship between foreign direct investment (as one of the mechanisms of technological development) and long-term economic growth. In the beginning we discuss the role of FDI in the increase of total factor productivity from the viewpoint of endogenous growth theory....
Persistent link: https://www.econbiz.de/10011399014
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Since 2003, the growth rate of the GDP has been higher in Argentina than in Brazil. Argentina re-established sustained industrialisation, while in Brazil the trend is towards deindustrialisation. Investment rates grew, but not enough, and pressures on production capacity remain high.Income...
Persistent link: https://www.econbiz.de/10013101200
This paper provides a synthesis of the three papers on the non-Nordic developed economies, Ireland, Japan and Switzerland along the following themes: role of the state, openness, education and human capital, and macroeconomic stability. It then draws lessons for developing countries of today. --...
Persistent link: https://www.econbiz.de/10008662170
The paper discusses the role of the state in shaping an economic system which is, in line with the welfare economics approach, capable of performing socially important functions and achieving socially desirable results. We describe this system through a set of indexes: the IHDI, the World...
Persistent link: https://www.econbiz.de/10012052468
This paper studies the persistent effects of China’s Great Wall, built in the Ming Dynasty (1368-1644), on contemporary regional ethnic diversity and economic development. Using rich township-level and individual-level data combined with spatial regression discontinuity strategy, we find that...
Persistent link: https://www.econbiz.de/10013307291