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People's Opium? Religion and Economic Attitudes

Guiso, Luigi; Sapienza, Paola; Zingales, Luigi - C.E.P.R. Discussion Papers - 2002

Since Max Weber, there has been an active debate on the impact of religion on people’s economic attitudes. Much of the existing evidence, however, is based on cross-country studies in which this impact is confounded by differences in other institutional factors. We use the World Values Surveys...

Persistent link: https://www.econbiz.de/10005123509

Combinatorial growth with physical constraints: evidence from electronic miniaturization

Azar, Pablo D. - 2021

In the past sixty years, transistor sizes and weights have decreased by 50 percent every eighteen months, following Moore's Law. Smaller and lighter electronics have increased productivity in virtually every industry and spurred the creation of entirely new sectors of the economy. However, while...

Persistent link: https://www.econbiz.de/10012520312

Public debt in the "new normal" : a Schumpeterian perspective on fiscal policy

Bofinger, Peter - 2022

's growth theory shows that credit-financed investment, which leads to an innovative use of existing resources, plays a decisive … neoclassical theory, which assigns the state merely the role of a capital destroyer. But it also offers a broader perspective than … that of monetary Keynesian theory, including MMT, in which government debt is seen to serve only to produce full employment …

Persistent link: https://www.econbiz.de/10013466735

Aggregate productivity under an energy-based approach

Arora, Vipin - 2016

Obtaining reliable data on capital is a recurring challenge when estimating economy-wide productivity growth, especially for developing countries. In this paper I construct energy-based productivity series which use energy consumption instead of capital when making such estimates. I first show...

Persistent link: https://www.econbiz.de/10011427933

Testing a model of UK growth : a causal role for R&D subsidies

Minford, Lucy; Meenagh, David - 2018

of semi-endogenous growth theory, can account for the joint behaviour of UK output and total factor productivity for 1981 …

Persistent link: https://www.econbiz.de/10011886043

Economic growth and investment in R&D : contemporary challenges for the European Union

Banelienė, Rūta; Melnikas, Borisas - In: Contemporary economics 14 (2020) 1, pp. 38-57

This paper presents new approaches to investigating economic growth and innovation activity as well as analyzing investment in R&D needs and efficiency in the context of contemporary challenges for European integration. Our research modeled the impact of R&D investment on GDP growth under broad...

Persistent link: https://www.econbiz.de/10012176136