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world to maintain the same GDP growth trajectory over the next half century, productivity would need to grow 80% faster than … force, which doubled in the G20 countries as a result of brisk population growth, and rising productivity. Over the next … future growth will be on productivity, whose growth in developed economies has been declining over the past decade. For the …
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This paper studies the global synchronicity of technology and its impact on the economy. We employ dynamic factor analysis to decompose patent data in different digital technologies for various countries into global and country-specific factors. Our findings confirm the existence of global and...
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A persistent issue in environmental economics is whether growth is sustainable. Pollution is a key driver of sustainability, which we define as an economy exhibiting falling pollution damages at its balanced growth path. We deduct air pollution and carbon dioxide damages from the national...
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Among the developing countries of the world, those emerging markets that have sought some degree of integration into … world finance are characterized by higher per capita incomes, higher long-run growth rates, and lower output and consumption …
Persistent link: https://www.econbiz.de/10013246095
Among the developing countries of the world, those emerging markets that have sought some degree of integration into … world finance are characterized by higher per capita incomes, higher long-run growth rates, and lower output and consumption …
Persistent link: https://www.econbiz.de/10012467840