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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/10014333588
Persistent link: https://www.econbiz.de/10014259297
We analyze the impact of increasing longevity on technological progress within an R&D-based endogenous growth framework and test the model's implications on OECD data from 1960 to 2011. The central hypothesis derived in the theoretical part is that — by raising the incentives of households to...
Persistent link: https://www.econbiz.de/10013032475
Over the past twenty years, Mozambique has achieved remarkable progress in promoting macroeconomic growth and stability. Nonetheless, poverty rates remain high and labour market activity is dominated by smallholder farming. We use recent household survey data to dig into these trends and provide...
Persistent link: https://www.econbiz.de/10011382454
This paper develops a dynamic general equilibrium model of fertility, human capital accumulation, child labor and uncertain child survival focusing on the qualitative and quantitative effect of declining mortality on household decisions and economic development. Due to uncertainty about child...
Persistent link: https://www.econbiz.de/10013070900
Views of the future China vary widely. While some believe that the collapse of China is inevitable, others see the emergence of a new economic superpower that increasingly poses a threat to the U.S. This paper examines the economic growth prospects of China over the next two decades....
Persistent link: https://www.econbiz.de/10014063864
I investigate the effects of declining mortality on economic growth in a model with endogenous fertility and human capital investment. The partial equilibrium analysis based on an earlier study, shows that as infant and child mortality declines parents produce fewer children and invest more...
Persistent link: https://www.econbiz.de/10014114838
We analyze the e ects of declining population growth on automation. A simple theoretical model of capital accumulation predicts that countries with lower population growth introduce automation technologies earlier. We test the theoretical prediction on panel data for 60 countries over the time...
Persistent link: https://www.econbiz.de/10012957579
We analyze the effects of declining population growth on automation. Theoretical considerations imply that countries with lower population growth introduce automation technologies faster. We test the theoretical implication on panel data for 60 countries over the time span 1993-2013. Regression...
Persistent link: https://www.econbiz.de/10012202423
This paper offers micro-foundations for the dynamic relationship between technology and population in the pre-industrial world, accounting for both technological progress and the hitherto neglected but common phenomenon of technological regress. A growing population engenders the endogenous...
Persistent link: https://www.econbiz.de/10014060489