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We use the elements of a macroeconomic production function - physical capital, human capital, labor, and technology … development. It affects human capital through both religious and secular education. It affects population and labor by influencing …
Persistent link: https://www.econbiz.de/10014391202
Life cycle savings is proposed as one explanation for much of the increase in savings and economic growth in Asia. The … fertility which changes the age compositions and could thereby account for savings and growth in Asia. …
Persistent link: https://www.econbiz.de/10002592079
and economic growth. Developing countries on the other hand, especially countries in Asia are in the process of shifting …
Persistent link: https://www.econbiz.de/10010345543
Intangible knowledge capital (IKC) - technology produced by workers but not embodied in them - can offset the "middle income trap" as China exhausts the benefits of international technology transfer. IKC is productivity-enhancing among Chinese enterprises - more so in domestically owned than in...
Persistent link: https://www.econbiz.de/10010224593
growth rates for the key emerging markets and other developing economies in Asia. China has by far the lowest share of … private consumption to GDP in Asia and, during this decade, has recorded the lowest rate of employment growth relative to GDP … and Vietnam. To examine the global implications of domestic growth patterns in Asia, I analyze saving-investment balances …
Persistent link: https://www.econbiz.de/10003879333
Although cross section relationships are often taken to indicate causation, and especially the important impact of economic growth on many social phenomena, they may, in fact, merely reflect historical experience, that is, similar leader-follower country patterns for variables that are causally...
Persistent link: https://www.econbiz.de/10009730828