This paper has two objectives. (i) Assess the availability and the quality of the data series necessary to construct productivity measures for the Chinese economy. (ii) Produce a set of productivity statistics that can be integrated into the existing set of OECD productivity indicators and that...

This paper presents an innovation driven endogenous growth model, where firms and unions bargain over wages. We find that the degree of centralization of the bargaining structure plays a crucial rule for economic performance. Central bargaining, which incorporates the leapfrogging externality...

Economic growth is driven by structural change. Structural change does not come without a cost, the most evident social cost being high and persistent unemployment. This paper develops an economy with an endogenously expanding service sector, where the constant flow of workers in and out of...

This comprehensive Handbook examines the links between energy, the economy, and the environment. Esteemed international experts explore the ways in which energy contributes to economic growth, particularly in the context of geopolitical and climate uncertainties. Highlighting the importance of...

The energy transition from fossil fuels to alternative energy sources has important consequences for technological change and resource extraction. We examine these consequences by incorporating a non-renewable resource and an alternative energy source in a market economy model of endogenous...