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A classical model of education, growth and distribution
Dutt, Amitava Krishna; Veneziani, Roberto - 2017
We develop a classical macroeconomic model to examine the growth and distributional consequences of education. Contrary to the received wisdom, we show that human capital accumulation is not necessarily growth-inducing and inequality-reducing. Expansive education policies may foster growth and...
Persistent link: https://www.econbiz.de/10011596523
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FDI spillover effects on innovation activities of knowledge-using and knowledge-creating firms : evidence from an emerging economy
Vujanović, Nina; Hoshi, Iraj; Hisarciklilar, Mehtap; … - 2022
among firms that undertake innovation through knowledge use rather than through knowledge generation. …The beneficial effects of innovation for firms' performance and competitiveness are well documented, but it has been … suggested in recent years that innovation regimes differ between advanced and emerging economies. While advanced economies rely …
Persistent link: https://www.econbiz.de/10013162218