This study first provides an outline of Kaldor's growth model and then tests its relevance to the economic experience … manufacturing is the engine of economic growth, whereas the second proposition, also known as Verdoorn's law, asserts that there is … a strong positive casual relationship between manufacturing productivity growth and output growth, due to static and …

We set up an endogenous growth model in which the efficiency of both capital and fossil energy can be improved, whereas … states: one stagnant where energy is fully derived from the alternative energy source, and one with balanced growth where …

A growth model is developed for an open dual economy. The economy expands owing to a higher growth rate of labour … model incorporates a retardation mechanism affecting the slopes of productivity and output growth schedules as labour …-industrialization in terms of both output and employment; a growth trap sustaining a situation of structural heterogeneity; or sustainable …

variability in income levels and their growth rates. We review estimates for a wide range of policy variables. In many cases, the … magnitude of the estimates is under debate. Estimates found by running cross-sectional growth regressions are sensitive to which …

Since the mid-1990s, Italy's economic growth faltered, primarily due to sluggish productivity growth. This article … investigates the root causes of the slow growth. Firstly, it benchmarks Italy over time vis-à-vis euro area and OECD countries in … growth-enhancing reforms in these areas. The simulations show that structural reforms could boost productivity and GDP growth …

This paper proposes to explain the productivity growth slowdown with the poaching of disruptive inventors by firms … these inventors threaten with their research. I build an endogenous growth model with incremental and disruptive innovation …

RBC data: output growth persistence, with hump-shaped impulse responses; hump-shaped physical capital investment impulse …

performed by human labor. This paper develops a model of the aggregate economic growth that results when work tasks are … transferred from humans to physical capital. The model makes it possible to derive the economic growth implications of different … levels of future computer ability. Under plausible technological assumptions, projected growth rates from the future …