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Towards a new growth model in CESEE : convergence and competitiveness through smart, green and inclusive investment

Gereben, Áron; Wruuck, Patricia - 2021

direct investment, imports of productivity-enhancing technology - are petering out, and are yet to be substituted. We propose … economies' growth prospects in a post-COVID world. Based on analysis of firm-level data, we highlight the prerequisites of …

Persistent link: https://www.econbiz.de/10012433894

The neoclassical growth of China

Fernández-Villaverde, Jesús; Ohanian, Lee E.; Yao, Wen - 2023

This paper studies China's four-fold increase in per capita GDP relative to the U.S. between 1995 and 2019. First, we argue that China's growth pattern is very similar to that of several other East Asia economies that initially grew very quickly. Second, we show that a minimalist...

Persistent link: https://www.econbiz.de/10014293308

From worship to worldly pleasures : secularization and long-run economic growth

Strulik, Holger - 2012 - This version: May 2012

In medieval times, most people identified with religious values and aggregate income and productivity grew at glacier … speed. In the 20th century, religion played a much lesser role in daily life and income and productivity grew at high and … worldly pleasures and aggregate productivity takes off. An extension of the basic model investigates the Protestant …

Persistent link: https://www.econbiz.de/10010357676

Land-constrained growth in a developing economy : a Kaldorian perspective

Gupta, Isha - In: PSL quarterly review 75 (2022) 302, pp. 263-284

The paper develops a two-sector model of economic growth, using agriculture and industry. The distinguishing feature in this analysis is that land is an essential input in the agricultural sector, but it is also used in the production process of industrial sector, which is assumed to be...

Persistent link: https://www.econbiz.de/10014230838

Chapter 16. Growth and Ideas

Jones, Charles I. - 2005

Ideas are different from nearly all other economic goods in that they are nonrivalrous. This nonrivalry implies that production possibilities are likely to be characterized by increasing returns to scale, an insight that has profound implications for economic growth. The purpose of this chapter...

Persistent link: https://www.econbiz.de/10014023771

Income polarization and stagnation in a stochastic model of growth : when the demand side matters

Gries, Thomas - 2019

This contribution is motivated by two stylized observations, the slowdown in growth, and a simultaneous income polarization in many advanced economies. While mainstream neoclassical and endogenous growth theory cannot sufficiently explain the nexus, we argue that the demand side plays a role. We...

Persistent link: https://www.econbiz.de/10012287662

Neoclassical convergence versus technological catch-up : a contribution for reaching a consensus

Desdoigts, Alain - 2000

world income distribution dynamics. Formal statistical hypothesis tests allow us to discriminate between two competing … contributes to the polarization of the world income distribution. -- economic growth ; neoclassical convergence ; technological …

Persistent link: https://www.econbiz.de/10009583880

Neoclassical convergence versus technological catch-up : a contribution for reaching a consensus

Desdoigts, Alain - 2002

world income distribution dynamics over a benchmark period 1960-1985. Results are then extended through 1995. Formal …

Persistent link: https://www.econbiz.de/10011596202

The New Empirics of Economic Growth

Durlauf, Steven N.; Quah, Danny - 1998

We provide an overview of recent empirical research on patterns of cross-country growth. The new empirical regularities considered differ from earlier ones, e.g., the well known Kaldor stylized facts. The new research no longer makes production function accounting a central part of the analysis....

Persistent link: https://www.econbiz.de/10014224017

Neoclassical Convergence Versus Technological Catch-up : A Contribution for Reaching a Consensus

Desdoigts, Alain - 2006

world income distribution dynamics over a benchmark period 1960-1985. Results are then extended through 1995. Formal …

Persistent link: https://www.econbiz.de/10014063510

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