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Because Hayek’s view goes beyond the Walrasian framework, his descriptive arguments on socialist planned economies are prone to be misunderstood. This paper clarifies Hayek’s arguments by using them as a basis to construct a model of total factor productivity. The model shows that...
Persistent link: https://www.econbiz.de/10008855541
This paper estimates the economic returns to education in China from 1989 to 2009, using the China Health and Nutrition Survey (CHNS) dataset. We find that education returns for one additional year generally increase from 2.6% in 1989 to 7.9% in 2009. Education returns, however, may reflect...
Persistent link: https://www.econbiz.de/10011258797
This paper carries out an empirical assessment of the relationship between social capital and labour productivity in small and medium enterprises in Italy. By means of structural equations models, the analysis investigates the effect of different aspects of the multifaceted concept of social...
Persistent link: https://www.econbiz.de/10005076902
The rapid and massive increase in rural-to-urban worker flows to the coast of China has drawn recent attention to the welfare of migrants working in urban regions, particularly to their working conditions and pay; serious concern is raised regarding pay discrimination against rural migrants....
Persistent link: https://www.econbiz.de/10005040690
This paper carries out an empirical assessment of the relationship between social capital and labour productivity in small and medium enterprises in Italy. By means of structural equations models, the analysis investigates the effect of different aspects of the multifaceted concept of social...
Persistent link: https://www.econbiz.de/10005134471
This paper carries out an empirical assessment of the relationship between social capital and labour productivity in small and medium enterprises in Italy. By means of structural equations models, the analysis investigates the effect of different aspects of the multifaceted concept of social...
Persistent link: https://www.econbiz.de/10005062485
This paper carries out an empirical assessment of the relationship between social capital and labour productivity in small and medium enterprises in Italy. By means of structural equations models, the analysis investigates the effect of different aspects of the multifaceted concept of social...
Persistent link: https://www.econbiz.de/10005407818
characterized by the fact that the accumulation increasingly wear on knowledge. First, we will explain and argue our position with … autonomous actor and principal of all current changes of capitalism. Moreover, rather than revolution, the knowledge economy …" promised to developing countries. A key point is reported on the issue of knowledge production. Often discussed bias, this …
Persistent link: https://www.econbiz.de/10011271318
Penang has always been a focal point, absorbing knowledge (and popular culture) from civilizations to the East and West … the development of Penang as an increasingly important Asian knowledge hub. One of the highlighted results of our paper …
Persistent link: https://www.econbiz.de/10009328144
‘professionalism’ from where the journey begins. The art of being a good professional is having a blend of appropriate knowledge …
Persistent link: https://www.econbiz.de/10009401068