Showing 1 - 10 of 182
Most country growth experiences imply urbanization with labor migration from poor to rich regions and relative stagnation in the periphery. We study mechanisms holding back regional income convergence emphasizing the importance of productivity. Recent research has addressed the effects of labor...
Persistent link: https://www.econbiz.de/10005573891
International trade may influence income distribution. This study takes as a starting point the puzzling development of relative wages between skilled and unskilled labor in South Africa. Wage inequality decreased during the sanctions period and increased with trade liberalization post...
Persistent link: https://www.econbiz.de/10005573901
While the discussion of Thailand and East Asian growth has been a controversy between capital accumulation and productivity stories, we analyze the general equilibrium interaction between productivity and investment in an intertemporal model. The model builds in endogenous productivity spillover...
Persistent link: https://www.econbiz.de/10005764076
We offer a barrier model of growth with a broader understanding of the sources of productivity growth. Organizational change is suggested as an alternative to innovation and technology adoption. Domestic and international barriers (related to the level of human capital and the trade share)...
Persistent link: https://www.econbiz.de/10005764099
We study the impact of a natural resource boom on structural change and real exchange rate dynamics, taking into account the indirect effect via relative sectoral productivity changes. Our contribution relative to the Dutch disease literature is threefold. First, the productivity specification...
Persistent link: https://www.econbiz.de/10005764112
Thailand has experienced economic growth well above world averages for about 40 years. It is a challenge to understand the sources of this high growth path, and in particular why growth has not slowed down with assumed decreasing returns to capital. We develop an intertemporal general equilbrium...
Persistent link: https://www.econbiz.de/10005566900
There is no consensus in the empirical literature on how entry of multinational supermarket chains affects farmers in developing countries. We quantify the dynamic effects of supermarket expansion on agriculture within a structural framework that clarifies the adjustment mechanisms involved. The...
Persistent link: https://www.econbiz.de/10005566903
The paper integrates two mechanisms of economic growth, barriers to international spillovers and skill-biased effects on the income distribution. South Africa is an interesting case study because of dramatic changes in international barriers over time and policy focus to productivity and...
Persistent link: https://www.econbiz.de/10005566908
Thailand has experienced economic growth well above world averages for about 40years. It is a challenge to understand the sources of this high growth path, and inparticular why growth has not slowed down with assumed decreasing returns to capital.We develop an intertemporal general equilibrium...
Persistent link: https://www.econbiz.de/10009446785
Persistent link: https://www.econbiz.de/10003771708