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In a simple growth model we explore the current and future growth effects of the regional population structure. Regional GDP growth in 227 regions within six countries in central Europe is explored as how they depend on the young and old dependency ratio. The young dependency ratio (YDR) is...
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Applications tend to ignore that measured TFP reflects the variation of output that cannot be explained by changes in inputs. Such a change is not necessarily technological, so measured TFP differences across firms are an amalgam of technological, efficiency and other differences in attributes,...
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The aim of this study is to clarify, whether and where the widespread opinion that systemic change from socialism to capitalism went along with dramatically rising inequality is true and how income distribution does affect the overall growth performance of transition countries. The countries...
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