Relative prices and investment rates

By Diego Restuccia, Carlos Urrutia. 2001

186 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/93afcbc8682e58a88685c0d43096fe1e68b659a7

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In Economics and Econometrics

Citations in the corpus

The Global Decline of the Labor Share (2014, unknown): “We therefore follow Restuccia and Urrutia (2001) and divide the PWT relative price of investment of each country by the PWT relative price of investment in the United States.”
Legal Institutions, Sectoral Heterogeneity, and Economic Development (2009, unknown): “to Chari, Kehoe, and McGrattan (1996) and Restuccia and Urrutia (2001) , it is the”
On Finance as a Theory of TFP, Cross-Industry Productivity Differences, and Economic Rents (2008, unknown): “Restuccia and Urrutia (2001) and Restuccia et al. (2003) document that relative prices vary systematically across rich and poor countries.”
Financial Intermediation and Economic Development: A Quantitative Assessment ⁄ (2007, unknown): “Restuccia and Urrutia (2001), Pessoa, Pessoa, and Rob (2003), Antràs (2004), and Duffy and Pappageorgiou (2000).”
Relative Prices and Relative Prosperity (2007, unknown): “Eaton and Kortum (2001) and Restuccia and Urrutia (2001) also note this low correlation between domestic-price investment rates and PPP incomes across countries.”
Trade in Capital Goods (2001, background): “As pointed out by De Long and Summers (1991), Jones (1994), and Restuccia and Urrutia (2000), however, cross-country di!erences in real rates Jovanovic and Rob (1997) and Chari et al. (1998) also explore the implications of variation in the relative price of capital for cross-country productivity…”
Specialization on a technologically stagnant sector need not be bad for growth (2007, background): “Integrating the Euler equation (13) between 0 and t yields”
Growth Theory through the Lens of Development Economics (2004, unknown): “The relationship between investment rate and income per capita is much less strong when both of them are expressed in nominal terms rather than in PPP terms (Eaton and Kortum (2001); Restuccia and Urrutia (2001) and Hsieh and Klenow (2003)).”
How important is human capital? A quantitative theory assessment of world income inequality (2010, background): “(See Restuccia and Urrutia (2004) for a discussion.”
Agriculture and aggregate productivity: A quantitative cross-country analysis (2008, methodology): “ARTICLE IN PRESS D. Restuccia et al. / Journal of Monetary Economics 55 (2008) 234–250 245 (see e.g., Jones, 1994; Restuccia and Urrutia, 2001) have used the price of investment relative to consumption as a measure of barriers to investment in one-sector growth models.”
Barriers and the transition to modern growth (2004, background): “To answer this question, I consider two economies that are identical except for the level of their barriers: economy 1 has pm1 ¼ ps1 ¼ 1; and economy 2 has pm2 ¼ pm and ps2 ¼ ps:”