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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

Ups and Downs : How Economic Growth Affects Policy Interactions

Flues, Florens - 2013

Current climate and energy policy has to operate under an ex-ante unforeseen economic crisis. An obvious consequence is the collapse of prices for carbon emission allowances as, for example, seen in the European Union. However, this price collapse may be amplified by the interaction of a carbon...

Persistent link: https://www.econbiz.de/10013075277

Public R&D Investment in Economic Crises

Pellens, Maikel; Peters, Bettina; Hud, Martin; Rammer, … - 2021

We study the cyclicality of public R&D in 28 OECD countries (1995 – 2017). While procyclical on average, public R&D reacts asymmetrically over different phases of the business cycle and becomes a cyclical during recessions. It is also heterogeneous across countries: Innovation leaders and...

Persistent link: https://www.econbiz.de/10013250510

Voluntary Giving and Economic Growth : Time Series Evidence for the US

Heinemann, Friedrich - 2010

This study analyzes the sensitivity of US giving to both business cycle fluctuations and trend growth. With tax revenues as a point of reference, US giving constitutes a relatively stable source of revenue. Total giving is characterized by a business cycle volatility which is comparable to the...

Persistent link: https://www.econbiz.de/10013136807

Intangible Assets and Investments at the Sector Level – Empirical Evidence for Germany

Crass, Dirk - 2014

This paper investigates the role intangible capital plays for economic growth in different sectors in Germany. It … Germany. In nearly all sectors investments in design and computerized information are larger in the UK. In contrast, German …

Persistent link: https://www.econbiz.de/10013049643

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