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Long-Run Catching-Up And Falling-Behind, And Human Capital (PWT 10.0)

Kant, Chander - 2023

The recent empirical growth literature has noted that few countries’ incomes grow uniformly over periods longer than a decade or so. We consider growth variations over a period up to 66 years, study growth relative to a benchmark country, and collapse the varieties of growth experiences to...

Persistent link: https://www.econbiz.de/10014344409

Human Capital and Growth in Japan : Converging to the Steady State in a 1% World

Breton, Theodore R. - 2014

I use a dynamic Solow growth model, augmented with human capital, labor-hours, and oil prices, to show that Japan’s growth in GDP/adult over 1969-2007 can be explained as a process of convergence to a world steady-state rate of 1%/year. I find that each additional year of average schooling...

Persistent link: https://www.econbiz.de/10014198355

Chapter 10 Explaining cross-country income differences

McGrattan, Ellen R.; Schmitz, James A. - In: Handbook of macroeconomics : volume 1, part A, (pp. 669-737). 1999

This chapter reviews the literature that tries to explain the disparity and variation of GDP per worker and GDP per capita across countries and across time. There are many potential explanations for the different patterns of development across countries, including differences in luck, raw...

Persistent link: https://www.econbiz.de/10014024240

Real income convergence between Central Eastern and Western Europe : past, present, and prospects : paper presented at the 33rd CIRET (Centre for International Research on Economic...

Matkowski, Zbigniew; Prochniak, Mariusz; Rapacki, Ryszard - 2016

The paper presents an analysis of real income convergence between the 11 countries of Central Eastern Europe which have … joined the European Union (EU11) and 15 countries of Western Europe (EU15) in the period 1993-2015. The evolution of the … average GDP per capita level seen in Western Europe. The third scenario, based on a long-term economic forecast for the EU …

Persistent link: https://www.econbiz.de/10011548764

Examining the "natural resource curse" and the impact of various forms of capital in small tourism and natural resource-dependent economies

Petar, Kurecic; Kokotovic, Filip - In: Economies : open access journal 5 (2017) 1, pp. 1-24

The problem of the relevance of human and natural capital, as well as the potential adverse effect of natural capital on economic growth, has gained increased attention in development economics. The aim of this paper is to assess, theoretically and empirically, the relevance of several forms of...

Persistent link: https://www.econbiz.de/10011613294

Global challenges in the economics of education : basic skills, natural disasters, and civic engagement

Gust, Sarah - 2025

Sarah Gust führte diese Studie während ihrer Tätigkeit am ifo Institut durch. Die Studie wurde im September 2024 abgeschlossen und als Dissertation an der Volkswirtschaftlichen Fakultät der LMU München angenommen. Sie besteht aus drei eigenständigen empirischen Essays, die...

Persistent link: https://www.econbiz.de/10015271943

Trends in the relation between regional convergence and economic growth in EU

Albu, Lucian-Liviu - 2016

The purpose of this study is to investigate the relation between regional convergence inside of countries in EU and overall economic growth, and, based on it, to establish some relevant behavioural regimes. As data sources we are using the available dataset NUTS 2 from EUROSAT for the period...

Persistent link: https://www.econbiz.de/10011866850

International spillovers in a world of technology clubs

Stöllinger, Roman - 2013

Technology is a key element for long-term growth and economic development. Given the stark concentration of innovation activities in a few countries most countries have to rely on the international diffusion of newly developed technologies. Some countries may fail to successfully perform the...

Persistent link: https://www.econbiz.de/10011374310

Causes of growth in transition countries 1990 - 2012 : comparative analysis ; preprint

Čizmović, Mirjana; Popović, Milenko - 2014

This paper provides comparative analysis of the proximate causes of growth of South East European, Central European and Former Soviet Union countries. The first section covers comparative sources of growth analysis for GDP. Apart from this conventional sources-of-growth analysis, both the demand...

Persistent link: https://www.econbiz.de/10010434175

The role of total factor productivity growth in middle-income countries

Kim, Jungsuk; Park, Jungsoo - 2017

We examine the importance of total factor productivity (TFP) growth in middle-income countries based on cross-country panel data for the period 1975-2014. We find that TFP growth contributed significantly to a country’s upward transition from middle-income to high-income country group. The TFP...

Persistent link: https://www.econbiz.de/10011754850