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In this paper we use growth accounting methodology to study whether human capital explains a part of total factor … productivity in transition. The results that are obtained are not in support of the theoretical findings of growth theory that … human capital is a major determinant of growth and productivity. However, eventually we continue to believe that the reasons …
Persistent link: https://www.econbiz.de/10005062742
's education and making monetary transfers (or bequests). I show that increases in the growth rate of skill biased technological …
Persistent link: https://www.econbiz.de/10005412682
onto a path of economic growth. Questions such as under what circumstances these institutions can be created and whether …
Persistent link: https://www.econbiz.de/10005556706
productivity increases (growth) in general. P. Romer provides a more specific reply: technological change or the growth of new … and gives occasion to a dynamic and uninterrupted growth process, but technology itself is the product of mental labor …. There is practically no limit to growth in the long-run since there is no limit to human creativity. The creative …
Persistent link: https://www.econbiz.de/10005556709
The effect of initial income inequality on growth is the subject of a large literature. We show, both analytically and …
Persistent link: https://www.econbiz.de/10005556712
In this paper we analyse the effects of simultaneous union wage bargaining in a simple two sector growth model. We show … employment effects we analyse how unionisation changes the rate of growth. It is shown that both research sector unionisation and … intermediate sector unionisation lower the rate of growth, although the effect of research sector unionisation is more fierce …
Persistent link: https://www.econbiz.de/10005556720
Persistent link: https://www.econbiz.de/10005125608
This paper analyses growth and convergence on sugarcane industry in southeast Asia countries. Important questions in … this paper are whether the growth of sugar cane industry in Southeast Asia moves toward a convergence or divergence trend …
Persistent link: https://www.econbiz.de/10005125632
This paper provides a statistical summary of aggregate economic growth in Taiwan and mainland China using the standard … national income accounting framework by decomposing aggregate growth into components due to growths in capital, labor and total …) a slower exponential rate of growth of real gdp since 1987 to about 0.065 from the 1951-1999 average of 0.081 mainly as …
Persistent link: https://www.econbiz.de/10005408274
Persistent link: https://www.econbiz.de/10005062758