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Neoclassical growth accounting is a methodology used to measure the contribution of different production factors to economic growth and to indirectly compute the rate of technological progress. This model assumes constant returns to scale and perfectly competitive factor markets, which implies...
Persistent link: https://www.econbiz.de/10012037408
We measure eco-efficiency of an economy by means of an augmented Leontief input-output model extended by constraints for primary inputs. Using a multi-objective optimization model the eco-efficiency frontier of the economy is generated. The results of these multi-objective optimization problems...
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In recent years there has been increasing interest in the question of how inequality affects economic growth. This growing interest has recently stimulated new theoretical aswell as empirical research. Some existing theoretical models propose income inequality is detrimental to growth, but...
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Zusammenfassung Die Ziele dieser Studie sind die Messung der Änderungen von Effizienz und Produktivität in der deutschen Versicherungswirtschaft. Damit wird eine wichtige Auswirkung der durch die Europäische Integration induzierten Deregulierung und Öffnung des deutschen Versicherungsmarkts...
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The integration of European services markets and the associated deregulation measures open up formerly segmented markets to competition from the Single Market. The purpose of this study is to propose a method of measuring the effects of liberalization on technical efficiency, the existence of...
Persistent link: https://www.econbiz.de/10011435037
The Single Market Project of the European Commission was supposed to change the financial service industry markedly. We provide a first attempt to assess its consequences on the insurance industry in Germany, the largest insurance market within the European Union. For this purpose we apply a...
Persistent link: https://www.econbiz.de/10011435064
The current demographic developments and their consequences for workforce ageing challenge the sustainability of intergenerational transfers and economic growth. A shrinking share of the young workforce will have to support a growing share of elderly, non-working people. Therefore, the...
Persistent link: https://www.econbiz.de/10010310996