lower economic growth; and that the former also implies a reduction in per capita GDP, while the latter distorts the …

This paper examines how economic stratification affects inequality and growth over time. It studies economies where …-wide linkages (complementary skills, knowledge spillovers). It compares growth and welfare when families are stratified into … slower growth in the short run, but to higher output or even productivity growth in the long run. This trade-off occurs in …

on human capital that arise from learning externalities, through the calibration of a growth model. The calibration uses …

both an engine of growth and a potential barrier to it. As a result, growth is an inverse U-shaped function of the … standardization rate (and of competition). Second, we characterize the growth and welfare maximizing speed of standardization. We show …

economic growth. The theoretical literature has treated these two channels separately, with natural resources affecting growth … that in turn affect growth. Whether natural resources stimulate growth or induce a poverty-trap crucially depends on … inequality and higher cost of political participation, a high-growth and a poverty-trap equilibrium co-exist even with abundant …

This paper examines the factors responsible for generating the services led growth witnessed in the Indian economy … during 1980–2005. A sectoral growth accounting exercise shows that total factor productivity (TFP) growth was the fastest for … services; moreover this TFP increase was significant in accounting for service sector value added growth. A growth model with …

scenarios for the period 2010-35. The scenarios outline manpower needs, migration flows and population growth on the basis of … the trends in WAP and alternative hypothesis on employment growth. The main conclusion is that the higher the rate of … economic growth that will be attained by Singapore, Thailand, Malaysia, and Brunei (already relevant arrival countries), the …

scenarios for the period 2010-35. The scenarios outline manpower needs, migration flows and population growth on the basis of … the trends in WAP and alternative hypothesis on employment growth. The main conclusion is that the higher the rate of … economic growth that will be attained by Singapore, Thailand, Malaysia, and Brunei (already relevant arrival countries), the …

combination of innate talent and entrepreneurial parental background which only West Germans possess. Technological growth … entrepreneurship, while contributing to technological growth, accounts for almost 10 percentage points of the gap between East and West … down technological growth and increased the output gap by 7 percentage points. …

find that higher union bargaining power leads to a negative relationship between growth and unemployment. An increase in … between the growth and unemployment rates results. …