Showing 31 - 40 of 25,101
This review of the book by Thomas Piketty, The capital in the XXI century, presents the central themes of the work and …
Persistent link: https://www.econbiz.de/10011113174
We study the effects of capital mobility in a two-country economy with endogenous growth. In contrast with standard … endogenous grwoth settings, this model can account for intentional private capital flows from rich to poor countries, and the …
Persistent link: https://www.econbiz.de/10005663572
This paper investigates how the sector-specific source or the changing sectoral composition of labor productivity has contributed to Ø-convergence, using a newly constructed eightsector database. The main findings are twofold. First, both within and sectoral reallocation have become important...
Persistent link: https://www.econbiz.de/10013191630
We develop a quantitative theory of human capital with heterogeneous agents in order to assess the sources of cross … capital technology. We then assess the model's ability to explain the cross-country data. Our quantitative model generates a … amplified through physical and human capital accumulation to generate a factor of 20 difference in output per worker --- as …
Persistent link: https://www.econbiz.de/10013096877
exports improve productivity, but imports hurt it. Regarding domestic variables, we find that human capital is the most …
Persistent link: https://www.econbiz.de/10013155963
the data than the standard growth accounting framework and allows for a breakdown of labor productivity into capital … efficiency levels, while they diverged in capital deepening and technological progress …
Persistent link: https://www.econbiz.de/10012780433
others. This manipulation holds constant wages and piece rates, as well as human and physical capital. On cash-rich days …
Persistent link: https://www.econbiz.de/10013250320
This paper investigates how the sector-specific source or the changing sectoral composition of labor productivity has contributed to β-convergence, using a newly constructed eight-sector database. The main findings are twofold. First, both within and sectoral reallocation have become important...
Persistent link: https://www.econbiz.de/10013293401
This paper examines the aggregate implications of size-dependent distortions. These regulations misallocate labor across firms and hence reduce aggregate productivity. It then considers a case-study of labor laws in France where firms that have 50 employees or more face substantially more...
Persistent link: https://www.econbiz.de/10013210464
This paper investigates how the sector-specific source or the changing sectoral composition of labor productivity has contributed to β-convergence, using a newly constructed eightsector database. The main findings are twofold. First, both within and sectoral reallocation have become important...
Persistent link: https://www.econbiz.de/10013172488