In this empirical investigation we study the effect of skilled emigration on human capital formation and growth in a sample of developing countries. We find that the migration rate exerts statistically significant effects on both the level and the skill composition of human capital. We also show...

Having constructed a unique dataset of consumption-based CO2 emissions for 17 different types of fossil fuels, 46 sectors and 7 industrial processes at the city level for 285 Chinese prefectures and municipalities, we assess the causal impact of China’s Low-carbon City Pilot (LCCP) on...

We analyze a multi-sector growth model with directed technical change where man-made capital and exhaustible resources are essential for production. The relative profitability of factor-specific innovations endogenously determines whether technical progress will be capital- or...