Motivated by the observed rise in the trade of technology, I analyze how technology would spread in a frictionless market. In such a world, low-skilled agents prefer to use old technology because it costs less; their skills do not justify the use of frontier technology. The model generates a technology-life cycle of somewhere between 68 and 124 years and per-capita income differential factors b...

Multidimensional Affluence: Theory and Applications to Germany and the US This paper suggests multidimensional affluence measures for the top of the distribution. In contrast to commonly used top income shares, they allow the analysis of the extent, intensity and breadth of affluence in several dimensions within a common framework. We illustrate this by analyzing the role of income and wealth a...

A large body of literature studies on the relationship between health care expenditure (HCE) and GDP have been analyzed using data intensively from developed countries, but little is known for other regions. This paper considers a semiparametric panel data analysis for the study of the relationship between per capita HCE and per capita GDP for 42 African countries over the period 1995-2009. We ...

in this study an attempt has been made to empirically examine the relationship between biodiversity and economic growth using indicators of species diversity and income per capita as proxies for biodiversity and economic growth, respectively.also the effects of agricultural value added as a percentage of gdp, trade freedom index, exchange rate, population, percantage of land developed for agric...