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sector, our model incorporates two key aspects of knowledge: technology and human capital. Steady-state equilibrium …
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This paper examines changes in the labor productivity, efficiency, technology, and physical and human capital … decomposition. The results suggest that the contributions of efficiency, technology, and physical and human capital accumulation to …
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Military expenditure in developing countries raises complex questions regarding growth, development, security and governance. This chapter provides an analytical survey of the effects and causes of defense spending in developing economies. Using stylized facts, theoretical models and empirical...
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