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Long-term Growth Impact of Climate Change and Policies : The Advanced Climate Change Long-term (ACCL) Scenario Building Model

Alestra, Claire - 2020

This paper provides a tool to build climate change scenarios to forecast Gross Domestic Product (GDP), modelling both … GDP damage due to climate change and the GDP impact of mitigating measures. It adopts a supply-side, long-term view, with … prices relative to GDP price; Decrease of Renewable Energy relative Price (DREP), with the relative price of non CO2 emitting …

Persistent link: https://www.econbiz.de/10012837786

India's Pattern of Development : What Happened, What Follows?

Kochhar, Kalpana - 2006

India has followed an idiosyncratic pattern of development, certainly compared with other fast-growing Asian economies. While the importance of services rather than manufacturing is widely noted, within manufacturing India has emphasized skill-intensive rather than labor-intensive manufacturing,...

Persistent link: https://www.econbiz.de/10012780639

Population Growth in Zimbabwe : A Threat to Economic Development?

Nyoni, Thabani - 2017

Population growth is one of the fundamental factors that directly determine the supply of human resources which are indisputably critical for production. Population growth plays a pivotal role in country's economic development trajectory. Most economically developed countries have significantly...

Persistent link: https://www.econbiz.de/10012952818

Structural Transformation and Allocation Efficiency in China and India

Di Stefano, Enrica - 2017

Market frictions prevent the efficient allocation of factors of production, slow down structural transformation and lead to costs in terms of lower output and aggregate total factor productivity (TFP). We use a theoretical framework developed by Aoki (2012) featuring sector-specific frictions on...

Persistent link: https://www.econbiz.de/10012960923

Finance and Sources of Growth : Evidence from the U.S. States

Jerzmanowski, Michal - 2019

Does financial development affect economic growth through its impact on the accumulation of capital inputs or by boosting total factor productivity growth? We use a new data set on output, physical, and human capital inputs for the U.S. states to study this question. Unlike previous...

Persistent link: https://www.econbiz.de/10012869342

The Illusions of Calculating Total Factor Productivity and Testing Growth Models : From Cobb-Douglas to Solow and to Romer

Felipe, Jesus - 2019

This paper shows that because growth models in the tradition of Solow's and Romer's are framed in terms of production functions, they are equally subject to a criticism developed by, among others, Phelps Brown (1957), Simon (1979a), and Samuelson (1979). These authors argued that production...

Persistent link: https://www.econbiz.de/10012871740

The Impact of Uncertainty Shocks on State-Level Total Factor Productivity

Hankins, William; Cheng, Chak Hung Jack; Stone, Anna-Leigh - 2021

Using U.S. data over the period 1961 - 2000 we estimate a structural factor-augmented vector autoregressive model and find that a one standard deviation shock to macroeconomic uncertainty generates declines in state-level total factor productivity (TFP) growth that range from -0.15 to -0.98...

Persistent link: https://www.econbiz.de/10013247327

De las causas próximas a las causas profundas del crecimiento económico de Bolivia entre 1950 y 2015

Machicado, Carlos Gustavo - 2018

a growth accounting exercise, which considers the direct and indirect effects of Total Factor Productivity (TFP) on GDP …

Persistent link: https://www.econbiz.de/10011961258

The illusions of calculating total factor productivity and testing growth models from Cobb-Douglas to Solow and Romer

Felipe, Jesus; McCombie, John S. L. - 2019

Persistent link: https://www.econbiz.de/10012118296

Firms, Misallocation, and Aggregate Productivity: A Review

Hopenhayn, Hugo A. - In: Annual Review of Economics 6 (2014) 1, pp. 735-770

Firm heterogeneity and the allocation of resources across firms play a key role in determining aggregate productivity. Entry barriers and misallocation can substantially impact productivity, as evidenced in recent work. This article provides a unifying theoretical framework and a review of this...

Persistent link: https://www.econbiz.de/10010886191