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"Are natural resources a blessing or a curse? Bravo-Ortega and De Gregorio present a model in which natural resources have a positive effect on the level of income and a negative effect on its growth rate. The positive and permanent effect on income implies a welfare gain. There is a growth...
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"Chen and Dahlman assess the effects of knowledge on economic growth. By using an array of indicators, each of which represents an aspect of knowledge, as independent variables in cross-section regressions that span 92 countries for the period 1960 to 2000, they show that knowledge is a...
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The scope of this report is twofold. First, it documents skills gaps and mismatches and attempts to understand the reasons for them. Second, it provides a framework for thinking about skills development, drawing on international best practices, with the intent of stimulating further discussion....
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This empirical study examines welfare gains and losses that would result from alternative fishery management regimes … large economic rent. Under an optimal management regime, the rent can be as high as three quarters of harvesting cost. As …. As a guide of the formulation of fishery policies, it evaluates and compares four alternative fishery management regimes …
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