Essays on Macroeconomic Theory: Technology Adoption, the Informal Economy, and Monetary Policy

dc.contributor
Universitat Autònoma de Barcelona. Departament d'Economia i d'Història Econòmica
dc.contributor.author
Morales Piñero, Jesús Enrique
dc.date.accessioned
2011-04-12T14:25:42Z
dc.date.available
2007-02-13
dc.date.issued
2006-11-17
dc.date.submitted
2007-02-13
dc.identifier.isbn
9788469036549
dc.identifier.uri
http://www.tdx.cat/TDX-0213107-160124
dc.identifier.uri
http://hdl.handle.net/10803/4074
dc.description.abstract
It is well known that cross-country diferences in income per worker are very large. For example, the average per-capita income of the richest ten percent of countries of the Penn World Tables in 1996 is about thirty times that of the poorest ten percent. Development accounting uses cross-country data on output and inputs to measure the relative contribution of diferences in factor quantities, and di?erences in Total Factor Productivity (TFP) or the efciency with which those factors are used, in explaining these vast diferences in income per worker. The consensus view in development accounting is that TFP is the most important factor in accounting for diferences in income per worker across countries (See, for example, Klenow and Rodriguez-Clare (1997), Prescott (1998), Hall and Jones (1999), Ferreira, Issler and de Abreu Pessa (2000), and Caselli (2004).) <br/>This suggests that in order to explain cross-country diferences in income per worker we need to understand why TFP difers across countries. An emergent literature addresses this issue and shows that cross-country di?erences in the institutional environment, in policies, or in human capital can cause large diferences in TFP. In particular, Acemoglu and Zilibotti (2001) emphasize the role of skill-mismatch. They argue that even if all countries have equal access to new technologies, the existence of technology-skill mismatch can lead to sizeable diferences in TFP and output per worker; Parente and Prescott (2000) and Herrendorf and Teixeira (2004) build the ories in which the protection of monopoly rights impedes the adoption of superior technologies; Rogerson and Restuccia (2004) argue that diferences in the allocation of resources across heterogeneous plants may be a signi?cant factor in accounting for cross-country di?erences in output per capita; Erosa and Hidalgo (2005) propose a theory in which capital market imperfections are at the origin of cross-country TFP differences; and Kocherlakota (2001) shows that limited enforcement and high inequality are crucial to understand the existence of institutions leading to the ine?cient use of technologies.
cat
dc.format.mimetype
application/pdf
dc.language.iso
eng
dc.publisher
Universitat Autònoma de Barcelona
dc.rights.license
ADVERTIMENT. L'accés als continguts d'aquesta tesi doctoral i la seva utilització ha de respectar els drets de la persona autora. Pot ser utilitzada per a consulta o estudi personal, així com en activitats o materials d'investigació i docència en els termes establerts a l'art. 32 del Text Refós de la Llei de Propietat Intel·lectual (RDL 1/1996). Per altres utilitzacions es requereix l'autorització prèvia i expressa de la persona autora. En qualsevol cas, en la utilització dels seus continguts caldrà indicar de forma clara el nom i cognoms de la persona autora i el títol de la tesi doctoral. No s'autoritza la seva reproducció o altres formes d'explotació efectuades amb finalitats de lucre ni la seva comunicació pública des d'un lloc aliè al servei TDX. Tampoc s'autoritza la presentació del seu contingut en una finestra o marc aliè a TDX (framing). Aquesta reserva de drets afecta tant als continguts de la tesi com als seus resums i índexs.
dc.source
TDX (Tesis Doctorals en Xarxa)
dc.subject
Technology adoption
dc.subject
Monetary policy
dc.subject
Informal economy
dc.subject.other
Ciències Socials
dc.title
Essays on Macroeconomic Theory: Technology Adoption, the Informal Economy, and Monetary Policy
dc.type
info:eu-repo/semantics/doctoralThesis
dc.type
info:eu-repo/semantics/publishedVersion
dc.subject.udc
338
cat
dc.contributor.authoremail
jmorales@idea.uab.cat
dc.contributor.director
Caballé, Jordi
dc.contributor.director
Erosa, Andrés
dc.rights.accessLevel
info:eu-repo/semantics/openAccess
cat
dc.identifier.dl
B-55040-2006


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