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Working too much in a polluted world: A North-South evolutionary model

Antoci, Angelo; Borghesi, Simone - 2002

This paper examines a simple North-South growth model where negative externalities may contribute to reinforce economic growth. Agents' welfare depends on three goods in the model: leisure, a common access renewable natural resource (one in each hemisphere) and a non-storable consumption good....

Persistent link: https://www.econbiz.de/10011335707

Learning in Capital Production, Accelerated Growth and Structural Change

Ortiz, Carlos Humberto - 2008

Based on a two-sector model of endogenous growth (Rebelo 1991), where a consumption good and a capital good are produced, this paper analyzes the effect of assuming learning-by-doing in the capital-good sector. The modified model reproduces two patterns of long-run economic development:...

Persistent link: https://www.econbiz.de/10012770531

Successful transition towards a virtuous cycle of human development and economic growth : country studies

Ranis, Gustav; Stewart, Frances - 2007

This paper explores the two-way links between Economic Growth and Human Development by examining the performance of some countries which have been successful in both dimensions and a few which have not. The specific aim is to examine the historical experience of six countries in order to...

Persistent link: https://www.econbiz.de/10003810322

Security of Property Rights for Whom?

Lawson-Remer, Terra - 2012

Protecting the entitlements of some inherently requires preventing others from claiming and controlling those same resources. Yet much recent research regarding property rights and economic development treats the level of property rights security in a country as homogeneous. This one-dimensional...

Persistent link: https://www.econbiz.de/10014192289

Security of Property Rights for Whom?

Lawson-Remer, Terra - 2010

Using a new set of indicators that measure the Property Insecurity of ethnopolitical minority groups, I find that Property Insecurity is not correlated with the Risk of Expropriation facing foreign investors and domestic elites – revealing that the aggregate measures of 'institutional quality'...

Persistent link: https://www.econbiz.de/10014206054

Population, productivity, and sustainable consumption

Pindyck, Robert S. - 2022

Persistent link: https://www.econbiz.de/10013366340

Windfalls, structural transformation and specialization

Kuralbayeva, Karlygash; Stefanski, Radoslaw - In: Journal of International Economics 90 (2013) 2, pp. 273-301

already employed there. Resource-induced structural transformation thus results in higher productivity in manufacturing and … lower productivity in non-manufacturing. We construct and calibrate a two-sector, open economy model of self-selection and … magnitude of sectoral employment and productivity differences between resource-rich and resource-poor regions. The model implies …

Persistent link: https://www.econbiz.de/10010679149

Quantifying distortions from pollution in a R&D endogenous growth model

Sequeira, Tiago Neves; Ferreira-Lopes, Alexandra - In: Estudios de economía 41 (2014) 1, pp. 149-159

In this note we study the distortions in an endogenous growth model developed by Grimaud and Tournemaine (2007), where new pieces of knowledge are produced in a R&D sector and used to reduce pollution emissions. Using this model along with a realistic calibration, we conclude that the economy...

Persistent link: https://www.econbiz.de/10010385803

Were Mankiw, Romer, and Weil Right? A Reconcilation of the Micro and Macro Effects of Schooling on Income

Breton, Theodore R. - 2014

The marginal product of human capital in Mankiw, Romer, and Weil's [1992] augmented Solow model measures the direct and two external effects of human capital created from schooling on national income. If this model is valid, its estimates of the share of this marginal product accruing to workers...

Persistent link: https://www.econbiz.de/10013070866

Optimal Progressivity of Redistribution with Frictions to Knowledge Diffusion

Bandyopadhyay, Debasis - 2017

Benabou (2002) strengthens the so-called Efficient Redistribution Hypothesis (ERH) by demonstrating how income redistribution can promote growth and welfare by mitigating economic waste from resource misallocation that is caused by credit market frictions to production, which is subject to...

Persistent link: https://www.econbiz.de/10012957425