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long-run growth prospects in Eastern sending countries. Complementing previous studies, we examine the impact of high skill …
Persistent link: https://www.econbiz.de/10011524024
and mobility decisions, population growth, and income disparities across and within countries. First, our static …
Persistent link: https://www.econbiz.de/10011910583
Abstract: In the growth literature, evidence on convergence of per capita incomes is mixed. In the development …
Persistent link: https://www.econbiz.de/10014205998
Estimates of the effect of education on GDP (the social return) have been hard to reconcile with micro evidence on the private return to schooling. We present a simple explanation combining two ideas: imperfect substitution and endogenous skill-biased technological progress and use cross-country...
Persistent link: https://www.econbiz.de/10011325967
impact of both trends on long-run economic growth is studied, and results are discussed in light of relevant policy debate. …
Persistent link: https://www.econbiz.de/10011304117
The perpetual inventory method used for the construction of education data per country leads to systematic measurement error. This paper analyses the effect of this measurement error on GDP regressions. There is a systematic difference in the education level between census data and observations...
Persistent link: https://www.econbiz.de/10011335189
This essay reviews the historical and ongoing role played by trade in sustained high growth and human development … supply-side capacity. Given the strong links between trade-led growth, economic upgrading, and poverty reduction, the paper … argues that trade led economic growth must be prioritised in the post-2015 development agenda. …
Persistent link: https://www.econbiz.de/10010380593
In this article we analyze the interdependent issues of urbanization, growth, and globalization by presenting key … analysis, at a model by Baldwin and Forslid (2000) that combines a seminal model from the endogenous growth literature (Romer … should more precisely focus on integration as a dynamic concept that does not only affect agglomeration and growth, but which …
Persistent link: https://www.econbiz.de/10010383880
This paper investigates the influence of international openness on economic growth in a sample of 32 European economies …. The usual approach in the literature on the topic is to observe the impact of trade openness on growth. We, however … empirical analysis we use the TSLS (two stage least squares) estimator, whereby in the first step we use the standard growth …
Persistent link: https://www.econbiz.de/10010346735
policymakers' beliefs about the impact of capital account liberalization on growth, under the 'Mundell's trilemma constraint. The …
Persistent link: https://www.econbiz.de/10010469677