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The Agricultural Productivity Gap

Douglas Gollin, David Lagakos and Michael E. Waugh.

in The Quarterly Journal of Economics

May 2014; p ublished online December 2013 .

Journal Article. Subjects: Macroeconomics: Consumption, Saving, Production, Employment, and Investment; Urban, Rural, and Regional Economics; Economic Development; Economic Growth and Aggregate Productivity; Macroeconomics and Monetary Economics; Mobility, Unemployment, and Vacancies. 17899 words.

According to national accounts data, value added per worker is much higher in the nonagricultural sector than in agriculture in the typical country, particularly in developing countries....

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Asymmetric Cycles

Boyan Jovanovic.

in The Review of Economic Studies

January 2006; p ublished online January 2006 .

Journal Article. Subjects: Technological Change; Research and Development; Macroeconomics: Consumption, Saving, Production, Employment, and Investment; Prices, Business Fluctuations, and Cycles; Economic Growth and Aggregate Productivity. 5943 words.

I estimate a model in which new technology entails random adjustment needs. Rapid adjustments may cause measured productivity to decline. The slow-downs persist because adjustment is...

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Capital Accumulation in Sub-Saharan Africa: Income-group and Sector Differences

Nihal Bayraktar and Hippolyte Fofack.

in Journal of African Economies

August 2011; p ublished online May 2011 .

Journal Article. Subjects: Macroeconomics: Consumption, Saving, Production, Employment, and Investment; Economywide Country Studies; Economic Development. 9213 words.

This paper highlights heterogeneity in the process of capital accumulation across different countries by income group in Sub-Saharan Africa, and estimates empirical specifications of...

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Characterising deindustrialisation: An analysis of changes in manufacturing employment and output internationally

Fiona Tregenna.

in Cambridge Journal of Economics

May 2009; p ublished online November 2008 .

Journal Article. Subjects: Demand and Supply of Labour; Macroeconomics: Consumption, Saving, Production, Employment, and Investment; Manufacturing; Economic Development. 13049 words.

Deindustrialisation is typically conceptualised as a decline in manufacturing as a share of total employment. From a Kaldorian perspective deindustrialisation could have negative...

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Chinese saving dynamics: the impact of GDP growth and the dependent share

Carl Bonham and Calla Wiemer.

in Oxford Economic Papers

January 2013; p ublished online April 2012 .

Journal Article. Subjects: Macroeconomics: Consumption, Saving, Production, Employment, and Investment; Multiple or Simultaneous Equation Models; Multiple Variables; Economywide Country Studies; Economic Development. 9500 words.

China's national saving rate rose rapidly in the 2000s after declining through the late 1990s. These dynamics are not readily explained by the precautionary motive, the institutional...

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Corporate debt, variable retention rate and the appearance of financial fragility

Sébastien Charles.

in Cambridge Journal of Economics

September 2008; p ublished online March 2008 .

Journal Article. Subjects: Macroeconomics: Consumption, Saving, Production, Employment, and Investment; General Aggregative Models; Economic Methodology; Economic Growth and Aggregate Productivity. 4791 words.

This paper develops a formal neo-Kaleckian model of growth and distribution with excess capacity. First, we deal with the stability and uniqueness of equilibrium in the short run and make...

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Determinants and Macroeconomic Impact of Remittances in Sub-Saharan Africa

Raju Jan Singh, Markus Haacker, Kyung-woo Lee and Maëlan Le Goff.

in Journal of African Economies

March 2011; p ublished online October 2010 .

Journal Article. Subjects: International Factor Movements and International Business; Macroeconomics: Consumption, Saving, Production, Employment, and Investment; Economic Development; Economic Growth and Aggregate Productivity; International Finance; Economywide Country Studies; Macroeconomic Aspects of International Trade and Finance. 8176 words.

This paper investigates the determinants and the macroeconomic role of remittances in sub-Saharan Africa. It assembles the most comprehensive data set available so far on remittances in the...

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Distribution, aggregate demand and productivity growth: theory and empirical results for six OECD countries based on a post-Kaleckian model

Eckhard Hein and Artur Tarassow.

in Cambridge Journal of Economics

July 2010; p ublished online November 2009 .

Journal Article. Subjects: Macroeconomics: Consumption, Saving, Production, Employment, and Investment; General Aggregative Models; Economic Growth and Aggregate Productivity. 9845 words.

Empirical research based on the Bhaduri/Marglin-variant of the Kaleckian model has recently shown that aggregate demand in many medium-sized and large open economies tends to be wage-led in...

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Distribution of income, labour productivity and competitiveness: is the Thai labour regime sustainable?

Bruno Jetin.

in Cambridge Journal of Economics

July 2012; p ublished online January 2012 .

Journal Article. Subjects: Macroeconomics: Consumption, Saving, Production, Employment, and Investment; General Aggregative Models; Economywide Country Studies; Economic Development; Macroeconomics and Monetary Economics. 10829 words.

This article takes the case of Thailand to present the distribution of income and the evolution of the profit rate in a low-wage country that belongs to the second generation of newly...

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Does internal finance matter for R&D? New evidence from a panel of Italian firms

Elisa Ughetto.

in Cambridge Journal of Economics

November 2008; p ublished online April 2008 .

Journal Article. Subjects: Technological Change; Research and Development; Macroeconomics: Consumption, Saving, Production, Employment, and Investment; Corporate Governance. 8904 words.

This paper investigates the relationship between finance and R&D for a panel of more than 1000 Italian manufacturing firms. While Italian firms obtain a significant share of their financing...

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The Elusive Gains from International Financial Integration

Pierre-Olivier Gourinchas and Olivier Jeanne.

in The Review of Economic Studies

July 2006; p ublished online July 2006 .

Journal Article. Subjects: Macroeconomics: Consumption, Saving, Production, Employment, and Investment; International Factor Movements and International Business; Economic Development. 12801 words.

Standard theoretical arguments tell us that countries with relatively little capital benefit from financial integration as foreign capital flows in and speeds up the process of convergence....

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Employment and growth in Europe and the US—the role of fiscal policy composition

Tine Dhont and Freddy Heylen.

in Oxford Economic Papers

July 2009; p ublished online October 2008 .

Journal Article. Subjects: Demand and Supply of Labour; Macroeconomics: Consumption, Saving, Production, Employment, and Investment; Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook; Economic Growth and Aggregate Productivity. 9853 words.

We construct a simple endogenous growth model to analyse the relationship between the composition of fiscal policy, economic growth and employment. The government sets different tax rates...

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From Physical to Human Capital Accumulation: Inequality and the Process of Development

Oded Galor and Omer Moav.

in The Review of Economic Studies

October 2004; p ublished online October 2004 .

Journal Article. Subjects: Demand and Supply of Labour; Macroeconomics: Consumption, Saving, Production, Employment, and Investment; Economic Development. 12800 words.

This paper develops a growth theory that captures the replacement of physical capital accumulation by human capital accumulation as a prime engine of growth along the process of...

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The Great Recession and the bulimia of US consumers: deep causes and possible ways out

Stefano Bartolini, Luigi Bonatti and Francesco Sarracino.

in Cambridge Journal of Economics

September 2014; p ublished online March 2014 .

Journal Article. Subjects: Welfare and Poverty; Macroeconomics: Consumption, Saving, Production, Employment, and Investment; Economic Development. 12533 words.

This paper focuses on the apparent bulimia of US consumers and its role in the recent crisis. We seek to show how various characteristics of American society and the US economy are related...

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ICT use and total factor productivity growth: intangible capital or productive externalities?

Ram C. Acharya.

in Oxford Economic Papers

January 2016; p ublished online August 2015 .

Journal Article. Subjects: Macroeconomics: Consumption, Saving, Production, Employment, and Investment; Technological Change; Research and Development; Economic Growth and Aggregate Productivity. 11340 words.

What accounts for the exceptional TFP growth performance in some ICT-using industries after the mid-1990s in the USA and some other OECD countries? Productivity gains in the production of...

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Innovation and intangible investment in Europe, Japan, and the United States

Carol Corrado, Jonathan Haskel, Cecilia Jona-Lasinio and Massimiliano Iommi.

in Oxford Review of Economic Policy

January 2013; p ublished online November 2013 .

Journal Article. Subjects: Macroeconomics: Consumption, Saving, Production, Employment, and Investment; Economic Growth and Aggregate Productivity; Macroeconomics and Monetary Economics. 10551 words.

This paper sets out theory and measurement of how intangible investment might capture innovation and what data on intangibles look like for the EU, Japan, and the US. We also look at...

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Input Chains and Industrialization

Antonio Ciccone.

in The Review of Economic Studies

July 2002; p ublished online July 2002 .

Journal Article. Subjects: Macroeconomics: Consumption, Saving, Production, Employment, and Investment; Economic Development; Market Structure, Firm Strategy, and Market Performance. 0 words.

A key aspect of industrialization is the adoption of increasing-returns-to-scale, industrial, technologies. Two other well-documented aspects are that industrial technologies (ITs) are...

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Intra-European imbalances, adjustment, and growth in the eurozone

Paolo Guerrieri and Piero Esposito.

in Oxford Review of Economic Policy

January 2012; p ublished online September 2012 .

Journal Article. Subjects: Macroeconomics: Consumption, Saving, Production, Employment, and Investment; Economywide Country Studies; Macroeconomic Aspects of International Trade and Finance. 7570 words.

This paper considers the increase in the Euro intra-area imbalances since the late 1990s and their role in the current European debt crisis. By focusing on the case study of Italy and...

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The kinetics of capital formation and economic organisation

Anthony M. Endres and David A. Harper.

in Cambridge Journal of Economics

July 2012; p ublished online February 2012 .

Journal Article. Subjects: Economic Methodology; Macroeconomics: Consumption, Saving, Production, Employment, and Investment; Technological Change; Research and Development; Production and Organizations; Information, Knowledge, and Uncertainy; Entrepreneurship; Firm Objectives, Organization, and Behaviour. 8584 words.

We examine the inseparability of capital formation and economic organisation in capitalist economic systems. Capital possesses a complex, multilevel (micro, meso, macro) structure that is...

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A Model of TFP

Ricardo Lagos.

in The Review of Economic Studies

October 2006; p ublished online October 2006 .

Journal Article. Subjects: Macroeconomics: Consumption, Saving, Production, Employment, and Investment; Economic Growth and Aggregate Productivity. 13793 words.

This paper proposes an aggregative model of total factor productivity (TFP) in the spirit of Houthakker (1955–1956). It considers a frictional labour market where production units are...

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