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development across most of human history induced growth theorists to advance an alternative theory that captures in a single … between these distinct regimes. Unified growth theory reveals the underlying micro foundations that are consistent with the … growth process over the entire history of the human species, enhancing the confidence in the viability of the theory, its …
Persistent link: https://www.econbiz.de/10005062763
theorists to advance an alternative theory that captures in a single unified framework the epoch of Malthusian stagnation, the … modern era of sustained economic growth, and the recent transition between these distinct regimes. Unified growth theory … species, enhancing the confidence in the viability of the theory, its predictions and its policy implications for the growth …
Persistent link: https://www.econbiz.de/10005556052
When relationship-specific investments are necessary for production, under-investment occurs if contracts cannot be enforced. The efficiency loss from under-investment will differ across industries depending on the importance of relationship-specific investments in the production process. As a...
Persistent link: https://www.econbiz.de/10005062601
We analyse trade between Central and Eastern European (CEE) countries and the European Union during 1993-1998 using three methods. First, we calculate the share of intra-industry trade to determine the ex-tent to which two countries trade in similar products. Second, we calculate similarity...
Persistent link: https://www.econbiz.de/10005062641
Die Untersuchung analysiert, in welchem Umfang und auf welchen Wegen der Wissens- und Humankapitaltransfer durch die Otto-von-Guericke- Universität Magdeburg und die Hochschule Magdeburg-Stendal (FH) in die Wirtschaft Sachsen-Anhalts stattfindet. Ausgehend von der wirtschaftlichen Ausgangslage...
Persistent link: https://www.econbiz.de/10005556230
The objective of this paper is to analyse the intergenerational transmission mechanisms within a theoretical framework which supposes a heterogeneous family structure. For that, we propose a modified version of the model of Becker and Tomes (1986) by supposing that they exist two groups of...
Persistent link: https://www.econbiz.de/10005076521
This paper applies parametric and nonparametric techniques to the most recent data from the Russian Longitudinal Monitoring Survey (RLMS) 1992- 2000 and shows the returns to schooling increased over the course of transition, overall and for attainment cohorts neither at the top nor bottom of the...
Persistent link: https://www.econbiz.de/10005076535
of public goods and services, including higher education. Despite theoretical insights from traditional trade theory that …
Persistent link: https://www.econbiz.de/10005076579
In this paper we explore the possibility, heretofore unexplored in the marketing literature, that firms “invest funds” in their pricing processes. This builds on some of the recent economic work on the costs of price adjustment. To do this we undertook a two-year, cross- disciplinary,...
Persistent link: https://www.econbiz.de/10005076823
I use a dynamic microsimulation model to analyse the distributional effects of an expansion of education in Côte d'Ivoire in the medium and long term. The simulations are performed in order to replicate several policies in force or subject to debate in this country. Various hypotheses...
Persistent link: https://www.econbiz.de/10005076938