Structural change, Engel's consumption cycles and Kaldor's facts of economic growth

R Foellmi, J Zweimüller - Journal of monetary Economics, 2008 - Elsevier
Non-linear Engel-curves for consumer goods cause continuous structural change. Goods
are sequentially introduced starting out as a luxury with high income elasticity and ending up …

Displacement risk and asset returns

N Gârleanu, L Kogan, S Panageas - Journal of Financial Economics, 2012 - Elsevier
We study asset-pricing implications of innovation in a general-equilibrium overlapping-
generations economy. Innovation increases the competitive pressure on existing firms and …

Dualism and cross-country growth regressions

J Temple, L Wößmann - Journal of Economic growth, 2006 - Springer
This paper develops empirical growth models suitable for dual economies, and studies the
relationship between structural change and economic growth. Changes in the structure of …

[图书][B] International trade and economic growth

H Van den Berg, JJ Lewer - 2015 - taylorfrancis.com
Unlike any other text on international trade, this groundbreaking book focuses on the
dynamic long-run relationship between trade and economic growth rather than the static …

Eco-efficiency estimation with quantile stochastic frontiers: evidence from the United States

MG Tsionas, NG Tzeremes - Journal of Environmental Management, 2022 - Elsevier
This paper based on quantile stochastic frontier framework constructs quantile eco-efficiency
measures. Using the estimates from the quantile stochastic frontier, the eco-performance of …

Structural change and development

M Syrquin - International handbook of development economics, 2008 - elgaronline.com
Structural change is at the center of Modern Economic Growth (MEG), the term applied by
Simon Kuznets (1966) to characterize the economic epoch of the last 250 years …

The optimal rate of inflation with trending relative prices

AL Wolman - Journal of money, credit and banking, 2011 - Wiley Online Library
Relative price trends mean that monetary policy cannot stabilize the nominal prices of all
consumption categories. If prices are sticky, monetary policy must then trade off distortions …

International trade and the sectoral composition of production

C Echevarria - Review of Economic Dynamics, 2008 - Elsevier
This article explores the interrelations between global economic growth and the changing
composition of trade. I define a global unbalanced growth path as a situation in which there …

Globalization and the Rise of the Entrepreneurial Economy

DB Audretsch, M Sanders - 2007 - papers.ssrn.com
This paper argues that globalization has led to a shift in developed countries from an
industrial to an entrepreneurial model of production. Globalization is interpreted as a level …

Measuring the welfare gain from personal computers

J Greenwood, KA Kopecky - Economic Inquiry, 2013 - Wiley Online Library
The welfare gain to consumers from the introduction of personal computers (PCs) is
estimated. A simple model of consumer demand is formulated that uses a slightly modified …