Balanced Growth - Yale Economics
... But Malthus failed to account for the demographic transition (drops in fertility rates) and for immense technological change in agriculture. ...
... But Malthus failed to account for the demographic transition (drops in fertility rates) and for immense technological change in agriculture. ...
Modelling World Trad - Centro Studi Luca d`Agliano
... flawed reasoning if the focus is medium or long run policies: an economic policy affecting China would have a dramatically different impact on the world economy were China twice as large, which will be the case in less than ten years at current growth trends. Since the model is exploited to determin ...
... flawed reasoning if the focus is medium or long run policies: an economic policy affecting China would have a dramatically different impact on the world economy were China twice as large, which will be the case in less than ten years at current growth trends. Since the model is exploited to determin ...
Everything all the time? Entry and Exit in U.S. Import Varieties
... the extensive margin does not operate through economies of scale in our paper. We will consequently focus here our review on the few alternatives in the literature. Elsewhere we have developed an atheoretical benchmark designed to capture the sparsity that is commonplace in trade data.7 The balls-a ...
... the extensive margin does not operate through economies of scale in our paper. We will consequently focus here our review on the few alternatives in the literature. Elsewhere we have developed an atheoretical benchmark designed to capture the sparsity that is commonplace in trade data.7 The balls-a ...
Structural Development Accounting - UZH
... domestic product per worker (GDP pw) relative to the US from 0.19 to 0.61 for the average non-OECD country and from 0.68 to 0.91 for the average OECD country. The e¤ect is particularly strong for small countries, which lack the local market size required to bene…t from expensive technologies. Second ...
... domestic product per worker (GDP pw) relative to the US from 0.19 to 0.61 for the average non-OECD country and from 0.68 to 0.91 for the average OECD country. The e¤ect is particularly strong for small countries, which lack the local market size required to bene…t from expensive technologies. Second ...
