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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
In this paper we study the impact of diversity on regional growth by extending the existing literature in such that we … evidence that regions with higher degrees of human capital diversity exhibit higher GDP-per-capita and employment growth, as … diversification encourage knowledge spillover and therefore promote regional growth mainly focused on the diversity of the regional …
Persistent link: https://www.econbiz.de/10012619728
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
growth, but they may provide relief from stress, support to family members, and increased well-being. We argue that the …
Persistent link: https://www.econbiz.de/10014025607
An important strand of research in macro-finance investigates which factors impede enterprise investment, and what is their aggregate economic cost. In this paper, we make two contributions to this literature. The first contribution is methodological: we introduce a novel framework to calibrate...
Persistent link: https://www.econbiz.de/10014370485
This paper confirms recent evidence of a positive impact of aid on growth and widens the scope of evaluation to a range … of outcomes including proximate sources of growth (e.g., physical and human capital), indicators of social welfare (e … coherent and favorable pattern of results emerges. Aid has over the past forty years stimulated growth, promoted structural …
Persistent link: https://www.econbiz.de/10009767897
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
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
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