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Stages of Growth in Economic Development

Kejak, Michal - EconWPA - 2001

The paper analyses a two-sector model of endogenous growth with two common features of economic development: stages of sustained growth and underdevelopment traps. The model also demonstrates the transitional issues of a temporary underdevelopment trap, seemingly sustainable growth, and a...

Persistent link: https://www.econbiz.de/10005407679

Intelligence, Human Capital, and Economic Growth: A Bayesian Averaging of Classical Estimates (BACE) Approach

Jones, Garett; Schneider, W. Joel - EconWPA - 2005

Human capital plays an important role in the theory of economic growth, but it has been difficult to measure this abstract concept. We survey the psychological literature on cross-cultural IQ tests, and conclude that modern intelligence tests are well-suited for measuring an important form of a...

Persistent link: https://www.econbiz.de/10005407739

Determinants of Economic Growth and the Role of Human Capital in New Growth Models [in Turkish]

Kibritcioglu, Aykut - EconWPA - 2005

This paper briefly summarizes and discusses that type of new growth models which are based on externalities created by investments in human capital. ***** TURKCE OZET: Bu makalede, yeni/içsel buyume modellerinin beseri sermayeye dayali turlerini ozetlemekte ve degerlendirmektedir. [Calisma...

Persistent link: https://www.econbiz.de/10005556042

Returns to Education, Child Labor, & Schooling in India

Chamarbagwala, Rubiana - EconWPA - 2004

In an environment where children's time has an economic value and employment opportunities for educated workers are scarce, parental investments in their children's education may not be driven entirely by poverty and credit constraints. We offer evidence that children's participation in child...

Persistent link: https://www.econbiz.de/10005556051

Does Industrialization = "Development"? The Effects of Industrialization on School Enrollment and Youth Employment in Indonesia

Federman, Maya; Levine, David I. - EconWPA - 2004

This study examines the relationship between rising manufacturing employment and school enrollment in Indonesia from 1985 to 1995, a time of rapid industrialization. In comparison with cross- national studies, this study has a larger sample size of regions, defines data more consistently, and...

Persistent link: https://www.econbiz.de/10005556105

Apparent Solow- and Solow-like Technological Residuals and the Economic Performance of U.S. Native American Economies

Amavilah, Voxi Heinrich - EconWPA - 2004

This paper decomposes the large regression residuals of income across 84 U.S. Native American economies (USNAEs) into Solow and Solow-like parts. Decomposition is accomplished algebraically. The calculations find a weak to negative correlation between income and Solow residuals, and a strong...

Persistent link: https://www.econbiz.de/10005118791

IQ in the Ramsey Model: A Naive Calibration

Jones, Garett - EconWPA - 2005

I show that in a conventional Ramsey model, between one-fourth and one- half of income differences across countries can be explained by a single factor: The steady-state effect of large, persistent differences in national average IQ on worker productivity. These differences in cognitive...

Persistent link: https://www.econbiz.de/10005118848

Wants and Past Knowledge: Growth Cycles with Emerging Industries

Horii, Ryo - EconWPA - 2005

satisfy an indefinite range of wants and firms' incentive to utilize knowledge from past production experiences. We show that … firms endogenously form a number of distinguishable industries as accumulated knowledge induces them to agglomerate in the … technology space. Knowledge accumulation in existing industries reduces production costs, but, as the diminishing returns from …

Persistent link: https://www.econbiz.de/10005407691

KNOWLEDGE AND TECHNOLOGICAL INTERACTION:A POLICY ORIENTED STUDY OF THE AFRICAN UNION

NWAOBI, GODWIN CHUKWUDUM - EconWPA - 2003

POWERED BY THE DEVELOPMENTS IN NEW TECHNOLOGY APPLICATIONS, THE WORLD IS MOVING RAPIDLY TOWARDS KNOWLEDGE … ELECTRONICALLY AND IN INTERDEPENDENT RELATIONSHIPS. KNOWLEDGE, EDUCATION AND TECHNOLOGICAL INNOVATIONS PRESENT OPPORTUNITIES FOR … IS EMPOWERING IN THE 21ST CENTURY, IT IS THE ACQUISITION OF KNOWLEDGE AND THE CREATION OF TECHNOLOGICAL CAPACITY FOR THE …

Persistent link: https://www.econbiz.de/10005556113

Innovation height, spillovers and TFP growth at the firm level: Evidence from French manufacturing

Emmanuel, DUGUET - EconWPA - 2004

firm level. The first part of our analysis is dedicated to the determinants of innovation and reveals two different … innovation regimes. On the one hand, radical innovations rely strongly on firm-level spillovers, including property rights, and … innovation height matters. We also find evidence that TFP growth is better represented by an upward shift of the production …

Persistent link: https://www.econbiz.de/10005407643