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Innovation, human capital and earning distribution: towards a dynamic life-cycle approach

Vona, Francesco; Consoli, Davide - Volkswirtschaftliche Fakultät, … - 2009

knowledge. The dynamic life-cycle approach elaborated in the second part provides a coherent account of the evidence, and … indicates interesting implications for innovation and educational policies. …

Persistent link: https://www.econbiz.de/10005835707

The Development of Knowledge in Portugal: A Slow and Unsustainable Progress

Chagas Lopes, Margarida - Volkswirtschaftliche Fakultät, … - 2014

Abstract Development of knowledge in Portugal occurred late and slowly, mainly as a result of political and … institutional factors which persisted with democracy. Amongst knowledge key areas, education, research and development (R&D) and … innovation advanced with frequent setbacks. This irregular behaviour induced very negative economic and social consequences given …

Persistent link: https://www.econbiz.de/10011168467

A selection analysis on education returns in China

Kang, Lili; Peng, Fei - Volkswirtschaftliche Fakultät, … - 2011

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

Baumol and the post-industrial trilemma: examining the relationship between productivity, prices and wages

Lewis, Paul; Peng, Fei - Volkswirtschaftliche Fakultät, … - 2012

This paper challenges the economic constraints associated with the so-called post-industrial trilemma. Following Iversen’s and Wren’s seminal 1998 paper, it has been widely accepted that differential industry-level productivity increases rule out a solidaristic structure of wages, due to the...

Persistent link: https://www.econbiz.de/10011259249

Intangible training capital and productivity in Europe

O’Mahony, Mary; Peng, Fei - Volkswirtschaftliche Fakultät, … - 2011

This paper employs industry data, derived from linking the EU LFS to productivity accounts from EU KLEMS, to examine workforce training and productivity in European Union original members states. Training activities are modelled as intangible investments by firms and cumulated to stocks so their...

Persistent link: https://www.econbiz.de/10011259336

Training, education and productivity

Carmichael, Fiona; Ercolani, Marco; Kang, Lili; … - Volkswirtschaftliche Fakultät, … - 2009

This paper investigates the impact of training and education on productivity, in particular linking to a literature that emphasizes the need to reorganise production following adoption of ICT. The paper examines training at the total economy level and variation across industries, focusing...

Persistent link: https://www.econbiz.de/10011108038

New measures of workforce skills in the EU

Kang, Lili; O'Mahony, Mary; Peng, Fei - Volkswirtschaftliche Fakultät, … - 2012

This paper presents new data series designed to yield a more complete picture of the growth in average skill levels embedded in the EU workforce, comparing with competitor countries such as the US and China. Harmonised data from EU surveys are employed to extend coverage in existing databases to...

Persistent link: https://www.econbiz.de/10011108113

Skill bias, age and organizational change

O'Mahony, Mary; Peng, Fei - Volkswirtschaftliche Fakultät, … - 2009

This paper considers evidence on the impact of ICT on demand for different types of workers, focusing in particular on the age dimension. It first examines data from EUKLEMS using regressions standard in the literature and suggests ICT may have adversely affected older workers, in particular...

Persistent link: https://www.econbiz.de/10011109432

Market Mechanism and Skill Premiums in the UK 1972-2002

Peng, Fei; Kang, Lili - Volkswirtschaftliche Fakultät, … - 2013

This paper examines the effect of shifts in the relative supply and demand of skills on the skill premiums and wage inequality in the British labour market 1972-2002. We test the Katz and Murphy (1992) hypothesis that the changes of skill premiums can be explained by their relative supply...

Persistent link: https://www.econbiz.de/10011110002

Economic Reform and Productivity Convergence in China

Kang, Lili; Peng, Fei - Volkswirtschaftliche Fakultät, … - 2013

This paper examines effects of the formation of physical and human capital on the growth of labour productivity, Total Factor Productivity (TFP) and wages in China, incorporating the market reform factors such as ownership shifts, population policy, openness and fiscal expenditures on education....

Persistent link: https://www.econbiz.de/10011113236