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Do better schools lead to more growth? Cognitive skills, economic outcomes, and causation

Hanushek, Eric Alan; Woessmann, Ludger - 2009

We investigate whether a causal interpretation of the robust association between cognitive skills and economic growth is appropriate and whether cross-country evidence supports a case for the economic benefits of effective school policy. We develop a new common metric that allows tracking...

Persistent link: https://www.econbiz.de/10010274179

International capital market integration, educational choice and economic growth

Egger, Hartmut; Egger, Peter; Falkinger, Josef; … - 2005

This paper examines the impact of capital market integration (CMI) on higher education and economic growth. We take into account that participation in higher education is non-compulsory and depends on individual choice. Integration increases (decreases) the incentives to participate in higher...

Persistent link: https://www.econbiz.de/10010267663

Does education matter for economic growth?

Delgado, Michael S.; Henderson, Daniel J.; Parmeter, … - 2012

Empirical growth regressions typically include mean years of schooling as a proxy for human capital. However, empirical research often finds that the sign and significance of schooling depends on the sample of observations or the specification of the model. We use a nonparametric local-linear...

Persistent link: https://www.econbiz.de/10010291365

Asabiyya: re-interpreting value change in globalized societies

Tausch, Arno; Heshmati, Almas - 2009

. The World Values Survey provided a data framework of global value change, whose quantitative results led Barro (2004) to … is whether modernization without spiritual values in a globalized world economy and world society possible in the long … current world crisis is far more connected with these dimensions. We conclude that not a society based on fear is needed in …

Persistent link: https://www.econbiz.de/10010271305

Globalization, institutions, and the ethnic divide: Recent longitudinal evidence

Wunnava, Phanindra V.; Mitra, Aniruddha; Prasch, Robert E. - 2012

This paper investigates the determinants of economic growth emphasizing the role of institutional quality, social fragmentation, and increasing global integration on recent growth experience. Our longitudinal data consists of 103 countries covering the period 1992-2005. We find that democracies...

Persistent link: https://www.econbiz.de/10010282215

The causal relationship between financial development and investment : a review of related empirical literature

Muyambiri, Brian; Odhiambo, Nicholas M. - In: Comparative economic research : Central and Eastern Europe 21 (2018) 2, pp. 119-136

This article reviews the theoretical and empirical literature on the causal relationship between financial development and investment. Based on the literature considered, it can be concluded that there is little consensus to date on the direction of causality between financial development and...

Persistent link: https://www.econbiz.de/10011877345

The new geological epoch, "Anthropocene," as a result of human economic activity

Ievdokymov, Viktor; Oliinyk, Oksana; Grytsyshen, Dymytrii; … - In: Comparative economic research : Central and Eastern Europe 21 (2018) 3, pp. 131-149

world concepts on sustainable development. …

Persistent link: https://www.econbiz.de/10011960088

Resource-efficcent growth in the EU's sustainable development : a comparative analysis based on selected indicators

Lipińska, Danuta - In: Comparative economic research : Central and Eastern Europe 19 (2016) 1, pp. 101-117

This article presents a theoretical and empirical analysis of resource efficiency in the use of natural resources for economic growth consistent with the principles of sustainable development in EU countries. To realize this objective, a review of the literature and EU strategic documents...

Persistent link: https://www.econbiz.de/10011869412

North-South trade-related technology diffusion: Virtuous growth cycles in Latin America

Schiff, Maurice; Wang, Yanling - 2010

This paper examines the impact on TFP in Latin America and the Caribbean (LAC) and in other developing countries (DEV) of trade-related foreign R&D (NRD), education and governance. The measures of NRD are constructed based on industry-specific R&D in the North, North-South trade patterns, and...

Persistent link: https://www.econbiz.de/10010269768

Risky human capital investment, income distribution, and macroeconomic dynamics

Grossmann, Volker - 2003

This paper analyzes the interaction between intergenerational wealth transmission, human capital investments under uninsurable labor income risk, and economic growth in a small open overlapping-generations economy with heterogeneous agents. It demonstrates how the role of the personal income...

Persistent link: https://www.econbiz.de/10010261651