Li, Chol-Won 1962-
Overview
| Works: | 23 works in 47 publications in 1 language and 101 library holdings |
|---|---|
| Roles: | Author |
Publication Timeline
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Most widely held works by
Chol-Won Li
Political uncertainty, public expenditure and growth by
Julia Darby(
Book
)
6 editions published between 1998 and 2000 in English and held by 21 WorldCat member libraries worldwide
We focus on the link between political instability due to uncertain electoral outcomes and economic growth, through the impact on a government's decisions on how to allocate government expenditure between public consumption and investment. Using an endogenous growth model with partisan electoral effects, we demonstrate that political uncertainty will generate a steady-state equilibrium growth rate which is inefficient and too low. We also use a newly-constructed political data set to estimate panel regressions for several OECD economies over a period 1960-95. Our empirical evidence on the effects of political variables on tax and spending decisions supports our theoretical results
6 editions published between 1998 and 2000 in English and held by 21 WorldCat member libraries worldwide
We focus on the link between political instability due to uncertain electoral outcomes and economic growth, through the impact on a government's decisions on how to allocate government expenditure between public consumption and investment. Using an endogenous growth model with partisan electoral effects, we demonstrate that political uncertainty will generate a steady-state equilibrium growth rate which is inefficient and too low. We also use a newly-constructed political data set to estimate panel regressions for several OECD economies over a period 1960-95. Our empirical evidence on the effects of political variables on tax and spending decisions supports our theoretical results
Growth and output fluctuations by
Chol-Won Li(
Book
)
3 editions published in 1998 in English and held by 8 WorldCat member libraries worldwide
3 editions published in 1998 in English and held by 8 WorldCat member libraries worldwide
Endogenous vs. semi-endogenous growth in a two-R & D-sector model by
Chol-Won Li(
Book
)
4 editions published in 1999 in English and held by 7 WorldCat member libraries worldwide
4 editions published in 1999 in English and held by 7 WorldCat member libraries worldwide
Science, diminishing returns and long waves by
Chol-Won Li(
Book
)
2 editions published between 1997 and 1998 in English and held by 7 WorldCat member libraries worldwide
2 editions published between 1997 and 1998 in English and held by 7 WorldCat member libraries worldwide
Stochastic variety innovation in a growth model by
Chol-Won Li(
Book
)
2 editions published in 1998 in English and held by 6 WorldCat member libraries worldwide
2 editions published in 1998 in English and held by 6 WorldCat member libraries worldwide
Endogenous growth without scale effects : comment by
Chol-Won Li(
Book
)
4 editions published in 1998 in English and held by 6 WorldCat member libraries worldwide
4 editions published in 1998 in English and held by 6 WorldCat member libraries worldwide
Unemployment and the productivity slowdown : a labour supply perspective by
Campbell Leith(
Book
)
3 editions published in 2001 in English and held by 6 WorldCat member libraries worldwide
3 editions published in 2001 in English and held by 6 WorldCat member libraries worldwide
Wage inequality and the effort incentive effects of technological progress by
Cecilia García-Peñalosa(
Book
)
3 editions published in 2001 in English and held by 6 WorldCat member libraries worldwide
3 editions published in 2001 in English and held by 6 WorldCat member libraries worldwide
Inequality, market structure, and growth : a neo-Schumpeterian perspective by
Chol-Won Li(
Book
)
1 edition published in 1996 in English and held by 4 WorldCat member libraries worldwide
1 edition published in 1996 in English and held by 4 WorldCat member libraries worldwide
Essays on the neo-Schumpeterian growth theory : heterogenous R & D, cycles and inequality by
Chol-Won Li(
Book
)
4 editions published in 1997 in English and held by 3 WorldCat member libraries worldwide
4 editions published in 1997 in English and held by 3 WorldCat member libraries worldwide
Intellectual property, innovation, and growth(
Book
)
1 edition published in 2009 in English and held by 3 WorldCat member libraries worldwide
1 edition published in 2009 in English and held by 3 WorldCat member libraries worldwide
Trade and firm heterogeneity in a quality-ladder model of growth by
Chol-Won Li(
Book
)
2 editions published in 2008 in English and held by 2 WorldCat member libraries worldwide
2 editions published in 2008 in English and held by 2 WorldCat member libraries worldwide
A growth model with quality and variety innovations by
Chol-Won Li(
Book
)
1 edition published in 1997 in English and held by 2 WorldCat member libraries worldwide
1 edition published in 1997 in English and held by 2 WorldCat member libraries worldwide
Competitive innovation with codified and tacit knowledge by
Chol-Won Li(
Book
)
1 edition published in 2009 in English and held by 1 WorldCat member library worldwide
1 edition published in 2009 in English and held by 1 WorldCat member library worldwide
Endogenous growth without scale effects : comment by
Chol-Won Li(
)
1 edition published in 2003 in English and held by 1 WorldCat member library worldwide
1 edition published in 2003 in English and held by 1 WorldCat member library worldwide
Inequality and growth : a Schumpeterian perspective by
Chol-Won Li(
Book
)
2 editions published in 1996 in English and held by 1 WorldCat member library worldwide
2 editions published in 1996 in English and held by 1 WorldCat member library worldwide
Wage inequality and the effort incentive effects of technological progress by
Campbell Leith(
Book
)
1 edition published in 2001 in English and held by 1 WorldCat member library worldwide
To explain the rise in the college wage premium in developed economies in the past decades, the present paper examines the effects of technological progress on workers' effort incentives, which determine the effective labor supply. Five effort incentive effects of technological progress are identified, and through these we obtain a number of results. Firstly, we establish that wage inequality can increase following an acceleration in skill-neutral technology progress. Secondly, an increase in skill-biased technological progress means, (I) skilled wages overshoot, (II) unskilled wages undershoot, and hence (III) wage inequality overshoots their respective long-run values. Thirdly, endogenising the number of skilled and unskilled workers on the basis of economic incentives does not eliminate wage inequality even in the long run. Fourthly, we can obtain hysteresis effects in the determination of long-run wage inequality. Finally, government policies which raise the equilibrium rate of unemployment are likely to reduce the impact of technical progress on inequality, and this may help to explain the relative increase in inequality in the US and UK compared with other European economies. Our focus on the supply-side complements studies which emphasize the impact of skill-biased technological progress on relative demand for skill workers
1 edition published in 2001 in English and held by 1 WorldCat member library worldwide
To explain the rise in the college wage premium in developed economies in the past decades, the present paper examines the effects of technological progress on workers' effort incentives, which determine the effective labor supply. Five effort incentive effects of technological progress are identified, and through these we obtain a number of results. Firstly, we establish that wage inequality can increase following an acceleration in skill-neutral technology progress. Secondly, an increase in skill-biased technological progress means, (I) skilled wages overshoot, (II) unskilled wages undershoot, and hence (III) wage inequality overshoots their respective long-run values. Thirdly, endogenising the number of skilled and unskilled workers on the basis of economic incentives does not eliminate wage inequality even in the long run. Fourthly, we can obtain hysteresis effects in the determination of long-run wage inequality. Finally, government policies which raise the equilibrium rate of unemployment are likely to reduce the impact of technical progress on inequality, and this may help to explain the relative increase in inequality in the US and UK compared with other European economies. Our focus on the supply-side complements studies which emphasize the impact of skill-biased technological progress on relative demand for skill workers
An inverted U relationship between competition and innovation : a revisit by
Chol-Won Li(
Book
)
1 edition published in 2007 in English and held by 1 WorldCat member library worldwide
1 edition published in 2007 in English and held by 1 WorldCat member library worldwide
Growth, knowledge structure, and quality-variety innovations by
Chol-Won Li(
)
1 edition published in 1998 in English and held by 0 WorldCat member libraries worldwide
1 edition published in 1998 in English and held by 0 WorldCat member libraries worldwide
On policy implications of endogenous technological progress by
Chol-Won Li(
)
1 edition published in 2000 in English and held by 0 WorldCat member libraries worldwide
1 edition published in 2000 in English and held by 0 WorldCat member libraries worldwide
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Related Identities
Associated Subjects
Business cycles Economic development Economic development--Econometric models Economic development--Mathematical models Economics Endogenous growth (Economics) Expenditures, Public Income distribution--Mathematical models Inequalities (Mathematics) Labor productivity Labor supply Labor supply--Effect of technological innovations on Mathematical statistics Operations research Political stability Rational expectations (Economic theory) Research, Industrial--Finance Research, Industrial--Government policy Stochastic processes Technological innovations--Economic aspects--Mathematical models Technological innovations--Mathematical models Unemployment Wage differentials