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Matched worker-firm data from Danish manufacturing reveal that 1) industries differ in within-firm worker skill dispersion, and 2) the correlation between within-firm skill dispersion and productivity is positive in industries with higher average skill dispersion. We argue that these patterns...
Persistent link: https://www.econbiz.de/10012024633
Persistent link: https://www.econbiz.de/10013168961
This paper presents a framework to assess the impact of a wide range of structural policy reforms on GDP per capita at various horizons by linking together previous empirical studies mostly carried out by the OECD. The simple accounting framework consists of reduced-form equations and offers a...
Persistent link: https://www.econbiz.de/10012446167
to democracy and vice versa (consistent with the recent theoretical work by Acemoglu and Robinson) but, unlike older …
Persistent link: https://www.econbiz.de/10014064089
This book presents theoretical and empirical investigation of the possible impact of human capital on economic growth in transition economies of Ukraine, Russia, Poland, and Hungary during the period of 1990-2007. This research defines place and role of human capital in the process of transition...
Persistent link: https://www.econbiz.de/10014218610
previous empirical studies in the growth theory. This result points to the possibility of unbounded endogenous growth in the …
Persistent link: https://www.econbiz.de/10012839010
The income convergence literature suggests that poor countries or regions can catch-up to rich ones conditional on sharing certain characteristics with rich countries or regions. Good institutions such as strong property rights and rule-of-law are key among those characteristics. Globalization...
Persistent link: https://www.econbiz.de/10012965667
The income convergence literature suggests that poor countries can catch-up to rich ones conditional on sharing certain characteristics with rich countries. Good institutions such as strong property rights and rule-of-law are key amongst those characteristics. From a policy perspective this is...
Persistent link: https://www.econbiz.de/10013061210
This paper estimates the elasticity of substitution of an aggregate production function. The estimating equation is derived from the steady state of a neoclassical growth model. The data comes from the PWT in which different countries face different relative prices of the investment good and...
Persistent link: https://www.econbiz.de/10014066470
We study whether technology gains in sectors related to Information and Communications Technology (ICT) increase productivity in the rest of the economy. To separate exogenous gains in ICT from other technological progress, we use the relative price of ICT goods and services in a structural VAR...
Persistent link: https://www.econbiz.de/10012391362