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We study cross-country differences in the aggregate production function whenskilled and unskilled labor are imperfect substitutes. We find that there is a skill biasin cross-country technology differences. Higher-income countries use skilled labormore efficiently than lower-income countries,...
Persistent link: https://www.econbiz.de/10009305071
Why are some countries so much richer than others? Development Accounting is a first-passattempt at organizing the answer around two proximate determinants: factors of productionand efficiency. It answers the question “how much of the cross-country income variance canbe attributed to...
Persistent link: https://www.econbiz.de/10009305072
The chapter focuses on household production theory and models for non-agriculturalhouseholds, largely in developed countries. The objectives of the paper are: (1) to presentseveral types of microeconomic models of household decision making and highlight theirimplications for empirical food...
Persistent link: https://www.econbiz.de/10009305074
für das beobachtete hohe Beharrungsvermögen der Produktion geeignet. Auf der Basis einzel-betrieblicher Paneldaten von …
Persistent link: https://www.econbiz.de/10009305158
We model the effects of consumption-type taxes which differ according to the base andlocation of the tax. Our model incorporates a monopolist producing and selling in twocountries with three sources of rent, each in a different location: a fixed factor (locatedwith production), mobile managerial...
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In the Former Soviet Union, the early 1990s were characterized by largefalls in GDP and small changes to already low unemployment. The slowadjustment to unemployment was a result of employers using variousmeans to maintain employment levels, including; extended periods ofunpaid leave, reduced...
Persistent link: https://www.econbiz.de/10009354059