Showing 1 - 10 of 1,361
capacity'). In this paper we document that there has been convergence of TFP within a panel of industries across thirteen OECD … productivity growth. …
Persistent link: https://www.econbiz.de/10011537553
, and the long-run motive is to influence income growth of the countries. The empirical findings so far are skeptical on the …-run dynamics among R&D spending, number of patents and per capita income growth in the panel of countries and groups for the period … income growth have no long-run equilibrium relations but in the short-run, income growth and number of patents make a cause …
Persistent link: https://www.econbiz.de/10012294665
The most important event in human economic history before the Industrial Revolution was the Neolithic transition from a nomadic hunter-gatherer lifestyle to sedentary agriculture, beginning about 10,000 years ago. The transition made possible the human population explosion, the rise of...
Persistent link: https://www.econbiz.de/10014068920
of per capita income and rates of growth is consistent with a standard Solow model, once it has been augmented to include … be less (and not more) able to account for the cross-country growth performance of Austria and Germany when human capital … cross country growth between these two neighboring countries with similar political and institutional background. …
Persistent link: https://www.econbiz.de/10010440426
This paper examines whether growth regressions should incorporate dualism and structural change. If there is a … factor productivity. The paper develops empirical growth models that allow for this effect in a more flexible way than … labour can explain a significant fraction of the international variation in TFP growth. …
Persistent link: https://www.econbiz.de/10011451098
and Taiwan achieved remarkable annual GDP growth. In these countries the overall economic performance was significantly … of indigenous firms, and export expansion of manufactured goods. Furthermore, fast economic growth and active state … examines the applicability of the development stage theory for explaining the growth dynamics of industrial production in Asian …
Persistent link: https://www.econbiz.de/10011409015
The growth rate of real GDP per capita is modelled and predicted at various time horizons for France, Germany, New … Zealand, and the United Kingdom. The rate of growth is represented by a sum of two components - a monotonically decreasing …
Persistent link: https://www.econbiz.de/10013159323
In this paper we present a new database that allows deep industry-level growth accounting from 1991-2003. The database … types in 52 different industries. The industry sources of productivity and output growth are crucial to the understanding of … enables researchers to develop an adequate picture of the sources of growth using standard growth accounting techniques. We …
Persistent link: https://www.econbiz.de/10012777641
cointegration tests and FM OLS (Fully Modified OLS) estimators are used to test for cointegration. Institutional quality and growth …
Persistent link: https://www.econbiz.de/10012897727
This study examines how institutional indicators influence economic growth in a theoretical framework proposed by North … rents and risk-reducing technologies. These institutional factors are then used in a formal growth model employing panel OLS … and GMM-based estimation methodologies. The findings suggest that favorable institutions positively affect economic growth …
Persistent link: https://www.econbiz.de/10012869325