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The aim of this paper is to take a structured approach at estimating the coefficients of factors explaining movements of the labour share across countries. In particular, we focus on proper dynamic specification and test the validity of the homogeneity assumption of slope coefficients frequently...
Persistent link: https://www.econbiz.de/10010300382
Translated to a cross-country context, the Solow model (Solow, 1956) predicts that international differences in steady state output per person are due to international differences in technology for a constant capital output ratio. However, most of the cross-country growth literature that refers...
Persistent link: https://www.econbiz.de/10010272976
During the last two decades a number of emerging economies have become deeply engaged in technology-intensive production. This has been reflected in their international trade specialization shifting from labour-intensive goods towards capital-intensive ones, and in rapid productivity gains...
Persistent link: https://www.econbiz.de/10010273448
Persistent link: https://www.econbiz.de/10000882129
During the last two decades a number of emerging economies have become deeply engaged in technology-intensive production. This has been reflected in their international trade specialization shifting from labour-intensive goods towards capital-intensive ones, and in rapid productivity gains...
Persistent link: https://www.econbiz.de/10003793598
Persistent link: https://www.econbiz.de/10003479289
Persistent link: https://www.econbiz.de/10003511222
Persistent link: https://www.econbiz.de/10003511953
Persistent link: https://www.econbiz.de/10003944520
The aim of this paper is to take a structured approach at estimating the coefficients of factors explaining movements of the labour share across countries. In particular, we focus on proper dynamic specification and test the validity of the homogeneity assumption of slope coefficients frequently...
Persistent link: https://www.econbiz.de/10003961521