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| Registros recuperados: 31 | |
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| Stark, Oded; Behrens, Doris A.. |
| Consider a population of farmers who live around a lake. Each farmer engages in trade with his two adjacent neighbors. The trade is governed by a prisoner’s dilemma “rule of engagement.” A farmer’s payoff is the sum of the payoffs from the two prisoner’s dilemma games played with his two neighbors. When a farmer dies, his son takes over. The son decides whether to cooperate or defect by considering the actions taken and the payoffs received by the most prosperous members of the group comprising his own father and a set of his father’s neighbors. The size of this set, which can vary, is termed the “span of information.” It is shown that a larger span of information can be detrimental to the stable coexistence of cooperation and defection, and that in... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Span of interaction; Span of information; Imitation; Social welfare; Community/Rural/Urban Development; D83; R12; O4. |
| Ano: 2009 |
URL: http://purl.umn.edu/49924 |
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| Andersen, Matthew A.; Alston, Julian M.; Pardey, Philip G.. |
| This is a substantially revised version of “Capital Use Intensity and Productivity Biases.” Andersen, Matt A.; Alston, Julian M.; Pardey, Philip G., St. Paul, MN: University of Minnesota, Department of Applied Economics; University of Minnesota, International Science and Technology Practice and Policy (InSTePP), 2007. (Staff paper P07-06; InSTePP paper 07-02) |
| Tipo: Working or Discussion Paper |
Palavras-chave: U.S. agriculture; Pro-cyclical productivity; Capital utilization; Primal productivity bias; Productivity Analysis; D24; C51; Q1; O4; O47. |
| Ano: 2010 |
URL: http://purl.umn.edu/93143 |
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| Neeman, Zvika; Paserman, Daniele; Simhon, Avi. |
| We consider a neoclassical growth model with endogenous corruption. Corruption and wealth, which are co-determined in equilibrium, are shown to be negatively correlated. Richer countries tend to be less corrupt, and corrupt economies tend to be poorer. This observation gives rise to the following puzzle: If poorer countries do indeed experience higher levels of corruption, and if indeed as suggested by a number of empirical studies corruption hampers growth, then how did rich countries, who were poor once, become rich? Our answer is simple. In the past, economies were mostly "closed" in the sense that it was difficult to transfer illicit money outside of the economy. In contrast, today's economies are mostly open. In the relatively closed economies... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Corruption; Growth; Openness; International Development; F2; H0; O1; O4. |
| Ano: 2003 |
URL: http://purl.umn.edu/14977 |
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| Sattapon, Weerapong. |
| The agricultural sector is an important sector that most people in East Asia rely on and growth in this sector may help to lift their standard of living. This study assessed what factors contributed to agricultural growth by applying the panel econometric approach. First, the long-run relationship between the agriculture growth and its explanatory variable was investigated by applying the IPS unit root test and Pedroni panel cointegration test. The results indicated that all variables showed an integration of order unity, and showed strong evidence to support the existence of long-run relationship. The results from Fixed Effect (FE) regression indicated that imports, exports and trade liberalization were the important factors that contributed to growth in... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Agricultural growth; East Asia; Foreign Direct Investment; Trade; Panel Data; International Relations/Trade; O4; Q17; R0. |
| Ano: 2006 |
URL: http://purl.umn.edu/25570 |
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| Michaelis, Jochen; Birk, Angela. |
| This paper explores how revenue-neutral tax reforms impact employment and economic growth in a model of endogenous growth and search frictions on the labor market. We analyze how savings and the incentive to create new jobs are affected by tax swaps between wage income taxes, payroll taxes, capital income taxes and taxes levied on capital costs. In our framework, the payroll tax is found to be neutral. If this tax is used to finance a cut in the capital income tax, we will observe an increase in both growth and, via the capitalization effect, employment. Most other tax reforms, however, imply a trade-off between employment and growth. |
| Tipo: Working or Discussion Paper |
Palavras-chave: Search unemployment; Growth; Tax reform; Public Economics; E6; H2; J6; O4. |
| Ano: 2004 |
URL: http://purl.umn.edu/26275 |
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| Evenson, Robert E.. |
| Genetically Modified Crops (GMO foods) have been widely available to farmers since 1996. The Gene Revolution, based on recombinant DNA (rDNA) genetic engineering techniques, is seen by proponents as both supplanting Green Revolution varieties, based on conventional plant breeding techniques, and potentially enabling disadvantaged production environments, unreached by Green Revolution varieties to achieve productivity improvements. This paper argues that the private firms supplying GM crop products have generally had little interest in selling products in disadvantaged production environments. The paper also argues that present rDNA techniques allow only static gains from specific trait improvements. But these GM products can be installed on Green... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Genetically modified foods; Genetic engineering; Crop Production/Industries; O1; O4; Q1. |
| Ano: 2003 |
URL: http://purl.umn.edu/28504 |
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| Lin, Pei-Chien; Roe, Terry L.. |
| A growth accounting and an econometric exercise are used to provide insights into the evolution of the Taiwanese economy over the period 1966-96. The approach links the GDP function of a multiple sector neoclassical growth model to growth accounting and, subsequently to the estimation of the parameters of this function. The growth accounting results show that the contribution of total factor productivity (TFP) to growth in GDP averaged about 32 percent over the period, and this contribution increased as the economy approached its long-run equilibrium during the decade of the 1980s, with evidence of some departure during 1991-96. Growth in TFP increased output growth in industry and services while growth in skilled labor benefited all sectors. Growth in... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Economic growth; Productivity; Technological change; International Development; Productivity Analysis; O3; O4; O5. |
| Ano: 1999 |
URL: http://purl.umn.edu/12968 |
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| Bellini, Elena; Gasparino, Ugo; del Corpo, Barbara; Malizia, William. |
| In recent years, interest in tourism has spread rapidly throughout many small and medium European cities, which previously have not necessarily considered themselves as tourist destinations. Tourism is increasingly seen as a potential lever towards high economic growth, measured both in terms of income and employment. In the present Working Paper we report the analysis on the economic impact undertaken in the framework of the PICTURE Project, showing the results of a novel econometric exercise to statistically assess the impacts of cultural tourism upon European municipalities. More precisely the analysis aims at estimating the effects of tourism specialisation on local income and prices. The Working Paper is built as follows. Section 1 presents and... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Cultural Tourism; Economic Growth; Community/Rural/Urban Development; O4; R0; L83. |
| Ano: 2007 |
URL: http://purl.umn.edu/8220 |
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| Stark, Oded; Behrens, Doris A.. |
| Consider a population of farmers who live around a lake. Each farmer engages in trade with his m adjacent neighbors, where m is termed the "span of interaction." Trade is governed by a prisoner’s dilemma "rule of engagement." A farmer’s payoff is the sum of the payoffs from the m prisoner’s dilemma games played with his m/2 neighbors to the left, and with his m/2 neighbors to the right. When a farmer dies, his son takes over. The son who adheres to his father’s span of interaction decides whether to cooperate or defect by considering the actions taken and the payoffs received by the most prosperous member of the group comprising his father and his father’s m trading partners. Under a conventional structure of payoffs, it is shown that a large span of... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Local interaction; Span of interaction; Imitation; Cooperation; Social welfare; Farm Management; D83; R12; O4. |
| Ano: 2010 |
URL: http://purl.umn.edu/94280 |
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| Denicolo, Vincenzo; Zanchettin, Piercarlo. |
| We study a quality-ladder model of endogenous growth that produces stochastic leadership cycles. Over a cycle, industry leaders can innovate several successive times in the same industry, gradually increasing the magnitude of their technological lead before being replaced by a new entrant. Initially, new leaders are eager to enlarge their lead and do much of the research, but if they innovate repeatedly, their propensity to invest in R&D decreases. Eventually they stop doing research altogether, and as they are overtaken a new cycle starts. The model generates a skewed firm size distribution and a deviation from Gibrat’s law that accord with the empirical evidence. We also consider various policy measures, showing that in some cases policy should... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Technological Lead; Innovation; R&D; Financial Economics; O32; O4. |
| Ano: 2010 |
URL: http://purl.umn.edu/60683 |
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| Registros recuperados: 31 | |
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