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We distinguish between U.S. aid and non-U.S. aid and study the effects on growth in recipient countries. Our analysis exploits time variation in aid due to changes in the supply of U.S. aid and cross-sectional variation in a country's tendency to receive any U.S. aid. We find that U.S. aid has a...
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Average wages are considerably lower in agriculture than in the other sectors. We document this fact for thirteen countries ranging from rich (Canada, U.S.) to poor (India, Indonesia). We develop a measure of human capital that accounts for the selection of workers with different unobserved...
Persistent link: https://www.econbiz.de/10011645910
industrialized countries, especially by the United States and the European Union, has been to promote industrialization and economic …
Persistent link: https://www.econbiz.de/10014217693
We rank 5,107 products and 124 countries according to the Hidalgo and Hausmann (2009) measures of complexity. We find that: (1) the most complex products are in machinery, chemicals, and metals, while the least complex products are raw materials and commodities, wood, textiles, and agricultural...
Persistent link: https://www.econbiz.de/10008657984
Job polarization was first identified in the US in the 1990s, when employment growth concentrated in the highest and lowest wages jobs with much less growth in middle wage jobs. Research since then has identified continuing polarizing pressures in the US and Europe, but also evidence of job...
Persistent link: https://www.econbiz.de/10014336073
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We examine the long transition from water to steam power in US manufacturing, focusing on early users of mechanical power: lumber and flour mills. Digitizing Census of Manufactures manuscripts for 1850 to 1880, we show that as steam costs declined, manufacturing activity grew faster in counties...
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