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change. This provides a bridge between the productivity literature and the welfare-related literature that tends to reason in … terms of net product functions: although the relevant income measure is net of depreciation, productivity is measured based … on gross output. We show that net product, net income, net expenditure and productivity change are complements, not …
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In this paper we quantify the extent and magnitude of agglomeration spillovers from a formal institution whose sole mission is the creation and dissemination of knowledge -- the research university. We use the fact that universities follow a fixed endowment spending policy based on the market...
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existence of agglomeration economies, which exist when productivity rises with density, but estimating the magnitude of those …
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between health resources and income (taken as a proxy for productivity). In particular we determine the efficient level of the … health care social safety net for the indigent. We assume that individuals have different life cycle profiles of productivity …, health care spending increases with labor productivity, but only during the working years. Post retirement, everyone would …
Persistent link: https://www.econbiz.de/10012460722
productivity and the level of technological advancement the analysis demonstrates that, in accordance with the theory …, technological superiority and higher land productivity had significant positive effects on population density but insignificant …
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