Showing 1 - 10 of 211
This paper surveys research on social capital. We explore the concepts that motivate the social capital literature, efforts to formally model social capital using economic theory, the econometrics of social capital, and empirical studies of the role of social capital in various socioeconomic...
Persistent link: https://www.econbiz.de/10005062449
The effect of human capital on growth and development has been somewhat neglected in economic literature. However …. When compared to data, the model does well in explaining the rate of growth and the level of development (less robustly) as …, evidence has suggested the importance of engineering and technical skills to economic growth. Simultaneously, European …
Persistent link: https://www.econbiz.de/10005412820
Factor-endowment based trade with the leading economy helps to explain the differing development performances of the …-abundant East Asia traded more heavily with the U.S. and thus engineered faster growth than did land-abundant Latin America. Factor … the pre-WWII growth of Japan, Southeast Asia's growth in the 1970s and the 1980s, and its economic crisis in the mid-1990s. …
Persistent link: https://www.econbiz.de/10005062412
internal Socio-Economic development target units, Pumping money and strengthening the defense of the assisted nation only …
Persistent link: https://www.econbiz.de/10005556940
market if it is profitable to do so. The economy evolves to a balanced growth path in which income, welfare, and the share of … restrictions will slow-down economic growth, while a decrease may give rise to a rapid catch-up process. The static costs of trade …
Persistent link: https://www.econbiz.de/10005561117
The Black Sea is a region of vital interest to the foreign investor. This study examines the six countries that border it (Russia, Ukraine, Georgia, Turkey, Romania, Bulgaria) and presents the financial outlook and the foreign direct investment performance of each state. The main focus is on the...
Persistent link: https://www.econbiz.de/10005118790
institutions also influences economic growth and the ability of a country to attract trade and foreign direct investment …
Persistent link: https://www.econbiz.de/10005076830
motives), in which a low-income economy enjoys a high growth rate relative to a high-income economy, thanks to importing … technologies (or 'machines') invented in the high- income economy. Following Romer (1990), the growth of an economy is sustained by … productivity advances. The model can generate the growth paths of the U.S. and the South Korea. …
Persistent link: https://www.econbiz.de/10005556704
asymmetrically. The gains from trade were channeled towards population growth in non- industrial nations while in the industrial … nations they were directed towards investment in education and growth in output per capita. International trade enhanced the … comparative disadvantage in the production of skilled intensive goods. The focus on the interaction between population growth and …
Persistent link: https://www.econbiz.de/10005125617
In this paper we use a non cooperative equilibrium selection approach as a notion of stability in link formation games. Specifically, we follow the global games approach first introduced by Carlsson and van Damme (1993), to study the robustness of the set of Nash equilibria for a class of link...
Persistent link: https://www.econbiz.de/10005407549