Showing 1 - 10 of 541
The empirical evidence on the linkage of the informal economy and GDP is ambiguous. It depends on the method used to estimate the size of the informal economy. I propose a common factor of four different approximations of the size of the informal economy as an alternative. Using Spain as an...
Persistent link: https://www.econbiz.de/10010247440
The process of structural transformation forms the very basis of economic growth and development. This paper analyses the implications of alternate patterns of structural change for changes in the overall distribution of income within an economy. An empirical analysis is carried out based on...
Persistent link: https://www.econbiz.de/10013109242
This volume was prepared by Benedikt Heid while he was working at the ifo Institute and the University of Bayreuth. It was completed in December 2013 and accepted as a doctoral thesis by the Department of Economics at the Ludwig-Maximilians-Universität München. It includes six self-contained...
Persistent link: https://www.econbiz.de/10011742960
; Culture ; Social Capital ; Civil Society ; Economic Development ; Total Factor Productivity …
Persistent link: https://www.econbiz.de/10003865933
This paper demonstrates that India’s early 2000s mobile phone service expansion, or the “telecom boom” led to net rural-urban migration of about 13 million individuals out of which 4 million moved for employment. To estimate the effects, we exploit the heterogeneous expansion of telecom...
Persistent link: https://www.econbiz.de/10013290601
important determinants of economic vitality. -- Human capital ; knowledge ; new economy ; productivity …
Persistent link: https://www.econbiz.de/10003781561
and productivity change; when expenditure on consumer durables is recorded as capital investment. The capitalization of … consumer durables impacts both the levels and growth rates of the capital stock, productivity and GDP. Our growth accounting … productivity growth in 1995-2004. ICT's impacts were larger, i.e., one-fifth of GVA growth and one-sixth of labour productivity …
Persistent link: https://www.econbiz.de/10012770430
We examine the relationship between human capital and economic activity in U.S. metropolitan areas, extending the literature in two ways. First, we utilize new data on metropolitan area GDP to measure economic activity. Results show that a one-percentage-point increase in the proportion of...
Persistent link: https://www.econbiz.de/10012708849
A recent line of research demonstrates that cognitive skills - intelligence quotient scores, math skills, and the like - have only a modest influence on individual wages, but are strongly correlated with national outcomes. Is this largely due to human capital spillovers? This paper argues that...
Persistent link: https://www.econbiz.de/10014180953
Expectations and information about the growth of GDP per capita have a large influence on decisions made by private and public economic agents. It will be argued here that GDP (per capita) is far from a robust indicator of social welfare, and that its use as such must be regarded as a serious...
Persistent link: https://www.econbiz.de/10011372528