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dynamic general equilibrium model with endogenous economic growth and heterogeneous overlapping generations. We calibrate the … model for the US economy. First, we establish that the net effect of a decline in population growth on the growth rate of … the growth performance and for individual welfare. Third, we show that the assessment of pension reform proposals may be …
Persistent link: https://www.econbiz.de/10003779148
utilization. First, it explains why utilization is a crucial variable for the various theories of growth and distribution … growth rate of demand that matters, not the level of demand.The paper makes three contributions. First, following up on …
Persistent link: https://www.econbiz.de/10012208160
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growth. Developing economies in Asia and the Pacific are rapidly increasing their importance in the world economy, having …
Persistent link: https://www.econbiz.de/10009224849
Productivity and income growth rates and differentials vary widely among OECD countries. In this chapter, Bart van Ark … total population. Labour productivity is determined by within-industry productivity growth rates and inter-sectoral shifts …, investment in physical capital, and investment in intangible capital. …
Persistent link: https://www.econbiz.de/10005650205
eight articles on a wide range of productivity topics. There are the new economy and trend productivity growth in Canada … living, the postwar productivity convergence experience among OECD countries, price cap regulation and productivity growth …
Persistent link: https://www.econbiz.de/10005650237
&D and information and communications technology (ICT) investment. The objective of this report is to examine the country …’s ICT investment performance since 2000. The key finding is that, since the 2008 peak, business sector ICT investment in … States. By 2013, four years after the 2009 recession, nominal ICT investment in the business sector in Canada had failed to …
Persistent link: https://www.econbiz.de/10011185572
running from social conditions and factors to productivity growth. <p> The objective of the second issue of the Review of …
Persistent link: https://www.econbiz.de/10005518911