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This study provides a unied growth theory to correctly predictthe initially negative and subsequently positive relationship between child mortalityand net reproduction observed in industrialized countries over the courseof their demographic transitions. The model captures the intricate...
Persistent link: https://www.econbiz.de/10005870762
The industrialization of sub-Saharan Africa has been lagging for a long time. In particular, the growth of the … the industrialization of Africa, this paper is organized as follows : i) the paper reviews the recent trends of FDI in … impact of FDI from new investors on the industrialization of Africa and provides some policy implications …
Persistent link: https://www.econbiz.de/10014264738
This paper proposes an empirical framework that relates poverty reduction to production growth. We use the GGDC/UNU-WIDER Economic Transformation Database to measure the contribution to growth of productivity improvements within sectors and structural change-the reallocation of workers across...
Persistent link: https://www.econbiz.de/10012799097
the transformation of low- and middle-income economies out of agriculture. In our main specification industrialization …
Persistent link: https://www.econbiz.de/10014280617
important than income tax incentives or subsidized finance policies in determining the success of industrialization process. The …
Persistent link: https://www.econbiz.de/10011940678
We exploit employment data from 10,528 parishes across nineteenth century England and Wales and find that a one standard deviation increase in finance employment increases the annualized growth rate of secondary labour by 0.8 percentage points. An endogenous growth model with finance and...
Persistent link: https://www.econbiz.de/10013014356
industrial firms on agricultural lands. Such policies have received some of the blame for the slow pace of industrialization, and … serve as barriers to industrialization, making it unclear that land-use reform would be sufficient for promoting …
Persistent link: https://www.econbiz.de/10012908883
industrial firms on agricultural lands. Such policies have received some of the blame for the slow pace of industrialization, and … serve as barriers to industrialization, making it unclear that land-use reform would be sufficient for promoting …
Persistent link: https://www.econbiz.de/10011925392
Structural economists like Colin Clark, Fisher, Kuznets, etc. have empirically demonstrated that growth is brought about by changes in structural composition. Indian economy is also experiencing major changes in its structure in recent decades. The theory of structural transformation has given...
Persistent link: https://www.econbiz.de/10013063337
Recent empirical studies document that the level of resource misallocation in the service sector is significantly higher than in the manufacturing sector. We quantify the importance of this difference and study its sources. Conservative estimates for Portugal (2008) show that closing this gap,...
Persistent link: https://www.econbiz.de/10011859483