Essays on Economic Growth and Cross-country Growth Empirics PDF Download

Author: Mehmet Nail Eriş
Publisher:
ISBN:
Category :
Languages : en
Pages : 136

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Author: Hamid-Reza Baradaran-Shoraka
Publisher:
ISBN:
Category : Comparative economics
Languages : en
Pages : 220

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Author: Ross Levine
Publisher: World Bank Publications
ISBN:
Category : Crecimiento economico
Languages : en
Pages : 59

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The design, implementation, and interpretation of cross- country investigations should be improved. This review of conceptual, methodological, and statistical weaknesses in cross- country studies suggests that existing findings warrant only limited confidence.

Author: Robert Joseph Barro
Publisher:
ISBN: 9789055390564
Category : Democracy
Languages : en
Pages : 0

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Author: Orsetta Causa
Publisher:
ISBN:
Category :
Languages : en
Pages : 219

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This thesis is about productivity differences. It is widely known, and will be found again to be true here, that cross-country differences in income per worker are enormous. Low investment, low education, long distances, trade barriers, bad institutions .... AII these factors have been put forward in the recent and less recent literature. The consensus among economists has been changing accordingly. The mainstream view today is that efficiency plays a big role. This thesis challenges mono causal theories of economic development. It shows that there is a list of relevant inputs that a country has to accumulate in order climb the productivity ladder, among which the efficiency with which these inputs are used. None of these inputs is by itself a leading cause for cross country productivity differences. Altogether they become a powerful explantation.

Author: T. J. Hatton
Publisher: MIT Press
ISBN: 0262083612
Category : Economic history
Languages : en
Pages : 431

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Essays by internationally prominent economists examine long run cross-country economic trends from the perspective of New Comparative Economic History, an approach pioneered by Harvard economist Jeffrey G. Williamson. The innovative approach to economic history known as the New Comparative Economic History represents a distinct change in the way that many economic historians view their role, do their work, and interact with the broader economics profession. The New Comparative Economic History reflects a belief that economic processes can best be understood by systematically comparing experiences across time, regions, and, above all, countries. It is motivated by current questions that are not nation specific--the sources of economic growth, the importance of institutions, and the impact of globalization--and focuses on long-run trends rather than short-run ups and downs in economic activity. The essays in this volume offer a New Economic Comparative History perspective on a range of topics and are written in honor of Jeffrey G. Williamson, the most distinguished and influential scholar in the field. The contributors, prominent American and European economists, consider such topics as migration, education, and wage convergence; democracy and protectionism in the nineteenth century; trade and immigration policies in labor-scarce economies; and the effect of institutions on European productivity and jobs.

Author: Robert Delano Sinclair
Publisher:
ISBN:
Category :
Languages : en
Pages : 214

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Author: Julian Weisbrod
Publisher: Peter Lang Pub Incorporated
ISBN: 9783631572559
Category : Business & Economics
Languages : en
Pages : 142

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Since the Second World War the world has seen an economic growth spurt unprecedented in history. Economic growth is a necessary but not sufficient condition for improving human development, or in other words, economic growth is an important pre-requisite for the ultimate goal of human well-being. The four empirical essays of this book add to the general debate concerning dynamics of growth, poverty and inequality over the past 40 years from four different dimensions. The first chapter analyses the dynamics of the cross-country per capita income distribution and the existence of convergence clubs. The second chapter focuses on the dynamic development of the global income distribution and resulting implications for global income convergence, poverty reduction, pro-poor growth and the evolution of global inequality within and between countries. The third chapter investigates the deterministic relationship between ethnic fractionalisation and growth in a macro cross-country regression framework. Finally, the fourth chapter adds to the understanding of micro determinants of growth and poverty in the context of Indonesia.

Author: V. Franicevic
Publisher: Springer
ISBN: 0230523099
Category : Business & Economics
Languages : en
Pages : 248

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A collections of essays in honour of Branko Horvat, an economist and social thinker of great international reputation from former Yugoslavia and nowadays Croatia. The essays deal with themes related to Horvat's own work, namely equality, social justice, employee participation, labour management, systemic change, privatization, and growth.

Author: Young Joon Kim
Publisher:
ISBN: 9781124315850
Category :
Languages : en
Pages :

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This dissertation consists of three chapters. Chapter 1 introduces an endogenous growth model, and Chapter 2 and 3 provides empirical evidence in support of the growth model. Chapter 1 presents a simple endogenous growth model. It is based on Romer (1990), but extends the original model by incorporating individual workers skill heterogeneity. Based on the heterogeneity, the model has a labor allocation mechanism between skilled and less-skilled sectors. This labor allocation determines the long-run growth rate of the economy. The model shows how the distribution of human capital affects on the labor allocation, and hence on the economic growth and income distribution. The model can be extended to an open economy. With the heterogeneity, the extended model explains distributional effect as well as growth effect of the economic openness. Chapter 2 provides empirical evidence in support of the model presented in the chapter 1. The human capital measures from the model show better performance in explaining the role of human capital on a country's income per worker. The proposed human capital measures also perform better in growth regressions. When the three specifications based on three different models (Solow, Nelson and Phelps and Romer) are implemented using a panel of 45 countries, the human capital measures based on the Romer-type endogenous growth model provide the most significant relation between human capital and economic growth. Chapter 3 provides empirical evidence in support of the extension part of the model presented in the chapter 1. According to the model, economic openness can affect labor allocation through two channels; knowledge spillover and specialization. First, the openness promotes knowledge spillovers and hence increases the productivity of workers in skilled sectors. This makes the economy employs more workers in skilled sector. Second, the openness causes global specialization which leads more employment in skilled sector for advanced countries, but at the same time less employment in skilled sector for less-advanced countries. The empirical results obtained using cross country panel data support these two effects of knowledge spillover and specialization.