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This paper examines whether growth regressions should incorporate dualism and structural change. If there is a … factor productivity. The paper develops empirical growth models that allow for this effect in a more flexible way than … labour can explain a significant fraction of the international variation in TFP growth. …
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One of the most striking features of economic growth is the process of structural change whereby the share of … agriculture in GDP decreases as countries develop. The cross-country growth literature typically estimates an aggregate … nature of technology differences across countries. Using a unique World Bank dataset, we estimate production functions for …
Persistent link: https://www.econbiz.de/10012564303
manufacturing may have in developing countries, not merely through higher growth but by reducing inequality as well. However, for …
Persistent link: https://www.econbiz.de/10012911873
One of the most striking features of economic growth is the process of structural change whereby the share of … agriculture in GDP decreases as countries develop. The cross-country growth literature typically estimates an aggregate … technology differences across countries. Using a unique World Bank dataset, it estimates production functions for agriculture and …
Persistent link: https://www.econbiz.de/10012974669
This paper examines whether growth regressions should incorporate dualism and structural change. If there is a … factor productivity. The paper develops empirical growth models that allow for this effect in a more flexible way than … labour can explain a significant fraction of the international variation in TFP growth …
Persistent link: https://www.econbiz.de/10013318970