Showing 1 - 10 of 11
In this paper, we examine the relationship between employment and economic growth in the most populated island in Indonesia, Java, specifically in West Java. When Indonesia suffered a dreadful economic crisis during 1997/1998, none of the regions or sectors survived its impact, especially farm...
Persistent link: https://www.econbiz.de/10005616921
trend in unemployment, which appears to be related to the slowdown of economic growth. However, the relation between … unemployment and a slowing growth pattern stems from an external variable: a rapid increase in the cost of labor. There are many …, therefore creating unemployment. Second, because the cost of labor rises, firms will begin replacing labor with capital until …
Persistent link: https://www.econbiz.de/10005029688
Human capital is generally considered as a positive contributor in the economic growth. In this study, we estimate this relationship using time series data of Pakistan for the period 1978 to 2007. A health adjusted education indicator for human capital is used in the standard Cobb-Douglas...
Persistent link: https://www.econbiz.de/10009019728
The objective of this study is to analyze the impact of institutions on the economic growth and examine whether the … institutions indeed are important in determining the long-run economic growth. However, the impact of the institutions on economic … institutions are more effective in developed region as compared to developing region. More specially, control over corruption, rule …
Persistent link: https://www.econbiz.de/10009651394
foreign technologies and establish institutions favorable to economic growth. I explore the threshold between the seemingly … reaching a certain threshold, however, the primary driver of economic growth appears to shift from geography to institutions. …
Persistent link: https://www.econbiz.de/10009322660
Much empirical research has highlighted the importance of institutions and initial conditions in the transition to a …
Persistent link: https://www.econbiz.de/10008531922
The purpose of this paper is to empirically examine the contribution of trade liberalisation to differences in the level of prosperity across nations. We compare this with the relative contribution of institutional capacity to prosperity, as well as the role of human capital accumulation in that...
Persistent link: https://www.econbiz.de/10008876646
This paper highlights formally the interaction existing between the quality of institutional governance, the education sector and economic growth. More fundamentally, we show how the quality of institutional governance matters in giving directly the appropriate incentives for human capital...
Persistent link: https://www.econbiz.de/10011108339
inequality leads to extractive institutions and impedes investment and growth. These results provide an explanation for the … inequality and quality of institutions. …
Persistent link: https://www.econbiz.de/10011110073
This paper investigates the macroeconomic and welfare effects of illegal immigration on the native born within a dynamic general equilibrium framework with labor market frictions. A key feature of the model is that job competition is allowed for between domestic workers and illegal immigrants....
Persistent link: https://www.econbiz.de/10004999186