Showing 181 - 190 of 975,419
This paper proposes a theory for the gradual evolution of knowledge diffusion and growth over the very long run. A … Great Divergence, the failure of less developed countries to attract capital from abroad, and a productivity slowdown in … fully developed countries. An extension towards a two-region world economy shows robustness of the gradual take-off and …
Persistent link: https://www.econbiz.de/10014163873
church attendance and total factor productivity (TFP) with predictive causality running from declining church attendance to … increasing factor productivity. According to our preferred estimate, about 18% of the increase in TFP from 1950 to 1990 is caused … by declining religiosity. In order to explain this phenomenon, we integrate into standard R&D-based growth theory a micro …
Persistent link: https://www.econbiz.de/10012988169
development of all living systems.Primarily, harmonious economic development means a balanced distribution of world GDP, which … of harmony. Perhaps the electromagnetic oscillations in the brain that reflect harmony of the surrounding world in an …
Persistent link: https://www.econbiz.de/10012862379
We present a multi-country theory of economic growth and R&D-driven technological progress in which countries are … countries it exchanges knowledge with. The diffusion of knowledge throughout the world explains a period of increasing world …. Knowledge diffusion through a Small World network produces an extraordinary diversity of country growth performances, including …
Persistent link: https://www.econbiz.de/10012953297
We present a multi-country theory of economic growth and R&D driven technological progress in which countries are … countries it exchanges knowledge with. The diffusion of knowledge throughout the world explains a period of increasing world …. Knowledge diffusion through a Small World network produces an extraordinary diversity of country growth performances, including …
Persistent link: https://www.econbiz.de/10012953958
This paper models the evolution of the world distribution of income and shows that while the distribution of income per … capita across economies in the world will be stable in the long run, the world distribution of population may be divergent … shows that in the long run, brain drain migration patterns may increase world inequality as relatively poor countries grow …
Persistent link: https://www.econbiz.de/10014184087
these stylized facts with a stable world income distribution.This paper is the first to document why cross-country export …
Persistent link: https://www.econbiz.de/10013322727
below trend - and total factor productivity (TFP), using a panel of 71 developed and developing countries during the period … severe, and additionally quantifies the welfare cost associated with output collapses. -- Growth ; recessions ; productivity …
Persistent link: https://www.econbiz.de/10003799996
as on the three main growth channels: total factor productivity, physical capital accumulation, and human capital …
Persistent link: https://www.econbiz.de/10013111408
as on the three main growth channels: total factor productivity, physical capital accumulation, and human capital …
Persistent link: https://www.econbiz.de/10013114716