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This paper integrates a simple theory of identity choice into a framework of endogenous economic growth to explain how secularization can be both cause and consequence of economic development. A secular identity allows an individual to derive more pleasure from consumption than religious...
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A method for analyzing productivity convergence based on frontier production functions is proposed. It is examined …
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productivity, but this effect was stronger in the areas in which railways were already built. Moreover, railways helped industrial …
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Moore's Law. Smaller and lighter electronics have increased productivity in virtually every industry and spurred the … incorporates physical constraints on firms' production sets. This model allows for new types of productivity spillovers that are … driven by products' physical characteristics. Not only are there spillovers from changes in industry productivity, but also …
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