This paper tests a geography and growth model using regional data for Europe, the US, and Japan. We set up a standard … geography and growth model with a poverty trap and derive a log-linearized growth equation that corresponds directly to a …

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 …

neoclassical theory, in 1956 Robert Solow constructed a simple, clean, and smooth-functioning "design" model that served many … different purposes. As a working object it enabled experimentation with long-run equilibrium growth. As an instrument of …

open neoclassical growth model that is extended by a Pissarides-style labor market matching approach. In the general … equilibrium model, the labor market of the three factor growth model is characterized by immobile heterogeneous jobless workers … growth condition, an increase in technical progress implies a favorable capitalization effect respectively an unfavorable …

How can long-term unemployment be reduced by policy measures of the government? In this paper a growth-matching-model …

of growth attributable to technical progress is evaluated in a growth-matching-model with heterogeneous jobless workers … characterized by high steady-state levels of capital intensities the model shows that, due to a capitalization effect and a … Innovationsländer, die durch hohe gleichgewichtige Kapitalintensitäten charakterisiert werden können, wird in dem Model gezeigt, dass …

that the post-Kaleckian model is able to cover many, but not all of the results generated by the old neoclassical growth … model, new neoclassical growth theories, classical/Marxian distribution and growth approaches, and post-Keynesian Kaldor …Starting from a review of the main strands of orthodox and heterodox distribution and growth models and their …

A simple neo-Kaleckian open-economy model is presented and its implications for growth regimes are analyzed. The … present model features long-run convergence to its normal rate of capacity utilization, which is conditionally achieved by … incorporating the Harrodian principle of instability and autonomous growth in foreign demand. It is demonstrated that some aspects …

We introduce a gender wage gap into basic one-good textbook versions of the neo-Kaleckian distribution and growth model … and productivity growth. For the closed economy model, reducing the gender wage gap has no effect on the profit share, and … out of male wages. For the open economy model this condition is modified by the effects of improved gender wage equality …