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Human Capital, Mortality and Fertility:A Unified Theory of the Economic andDemographic Transition

Cervellati, Matteo; Sunde, Uwe - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2007

This paper provides a unified theory of the economic and demographic transition. Individualsmake optimal decisions about fertility, education of their children and the type and intensity ofthe investments in their own education. These decisions are affected by different dimensionsof mortality...

Persistent link: https://www.econbiz.de/10005862590

Growth through Inter-sectoral Knowledge Linkages

Cai, Jie; Li, Nan - 2012

The majority of innovations are developed by multi-sector firms. The knowledge needed to invent new products is more easily adapted from some sectors than from others. We study this network of knowledge linkages between sectors and its impact on firm innovation and aggregate growth. We first...

Persistent link: https://www.econbiz.de/10015213996

Consommation d'énergie et performances économiques au Cameroun

Ongono, Patrice - 2009

This paper investigates the relationship between energy consumption and economic performance in Cameroon. The … econometric analysis shows that there is no Granger causality between electricity consumption and economic performance both at … performance (value added of industry) that Granger causes electricity consumption, while at tertiary sector level, the causality …

Persistent link: https://www.econbiz.de/10015222128

Service Matters: Capital Misallocation and Sectoral Economic Growth

Choi, Woo Jin; Roh, Woo Jin - In: KDI Journal of Economic Policy 45 (2023) 1, pp. 1-32

Growth of the Korean economy has been sluggish, and this situation is more pronounced in the service sector. We argue that capital misallocation, especially in the service sector, could contribute to this slowdown. Utilizing firm and sectoral level data, first we assess the rising dispersion of...

Persistent link: https://www.econbiz.de/10014285078

Structural Change in Production Networks and Economic Growth

Gaggl, Paul; Gorry, Aspen; vom Lehn, Christian - 2023

capital (investment network). For each network, we document a declining fraction of production by goods sectors and a rising …

Persistent link: https://www.econbiz.de/10014377435

Convergence at last? Evidence from Transition Countries

Polanec, Sašo - 2004

In this paper, we test the neoclassical growth model and its main prediction of conditional convergence of productivity for a sample of transition countries over the period 1990-2002. We split the sample into three periods: 1990-1994, 1994-1998 and 1998-2002 and confirm the convergence...

Persistent link: https://www.econbiz.de/10010313244

European Union and the Solow model: Empirical contribution to theories of economic growth

Abdallah, Kareem - In: World Economy and Policy (WEP) 2 (2023) 2, pp. 1-23

The following article deals with the basic Solow model of economic growth for the states of the EU-28 and empirically confirms its conclusions. Based on growth accounting, and by analyzing different determinants of the respective steady states of each country, we confirm the importance of...

Persistent link: https://www.econbiz.de/10014547813

Financial development, globalization, and structural transformation in developing countries

Avoumatsodo, Komla - 2023

Rodrik (2016) pointed out that late industrializing countries are experiencing a lower peak at lower income levels in the manufacturing employment share hump-shaped path. The present study develops a theoretical model to analyze the dynamics of industrialization and deindustrialization in...

Persistent link: https://www.econbiz.de/10014551574

Human Capital Formation, Life Expectancy and the Process of Economic Development

Cervellati, Matteo; Sunde, Uwe - 2002

This paper presents a non-Malthusian theory of long-term development We model the interplay between the process of human capital formation, technological progress, and the biological constraint of finite lifetime expectancy. All these processes are interdependent and determined endogenously. The...

Persistent link: https://www.econbiz.de/10010262667

Rethinking the concept of long-run economic growth

Groth, Christian; Koch, Karl-Josef; Steger, Thomas M. - 2006

This paper argues that growth theory needs a more general "regularity" concept than that of exponential growth. This offers the possibility of considering a richer set of parameter combinations than in standard growth models. Allowing zero population growth in the Jones (1995) model serves as...

Persistent link: https://www.econbiz.de/10010263898