Showing 1 - 10 of 13
endogenous growth. We show that societies which place a greater weight of cultural values on stock of accumulated capital as … opposed to consumption will experience fast growth. Our results are consistent with those obtained by Baumol (1990) in the …
Persistent link: https://www.econbiz.de/10005059080
We consider a growth model with education, externalities and a cultural norm . We show that endogenous emergence of … this cultural belief may lead to increasing the stock of human capital and accelerating national growth.The mechanism of …
Persistent link: https://www.econbiz.de/10011110317
The purpose of preliminary is to present a broad agenda of theoretical and empirical modeling about the fundamental links between the quality of governance, financial development and economic development. The main theoretical predictions and evidence are of a large importance in terms of...
Persistent link: https://www.econbiz.de/10011112584
simple model of endogenous growth. We show that societies which place a greater weight on capital as opposed to consumption … will experience fast growth.Our results are consistent with those obtained by Baumol(1990) in the context of …
Persistent link: https://www.econbiz.de/10011113584
We present an endogenous growth model with technological externalities emitted the presence of the foreign direct … investments. We showed that the net positive impact on the growth of these investments may be if and only if the host country such …
Persistent link: https://www.econbiz.de/10011114394
In this paper we present a model of economic growth where agents are characterized by social status concern behaviour …. With respect to the literature, we show that social status seeking is not always desirable for economic growth. Specially …, we prove that the impact of status seeking on growth is positive only when saving is low or when the productivity of …
Persistent link: https://www.econbiz.de/10011115473
The Okada & Samreth (2012, EL) and Asongu (2012, EB; 2013, EEL) debate on ‘the effect of foreign aid on corruption’ has had an important influence in policy and academic circles. This paper provides a unifying framework by using investment and fiscal behavior transmission channels in 53...
Persistent link: https://www.econbiz.de/10011110427
his paper is a direct extension of the paper of Jones (2007). This author presents a simple Mincerian approach to endogenizing schooling time in market economy. His specification is closest to that in Mincer (1958) which does not take into account of social benefits of education. Our short note...
Persistent link: https://www.econbiz.de/10011111594
The Okada & Samreth (2012, EL) and Asongu (2012, EB; 2013, EEL) debate on ‘the effect of foreign aid on corruption’ has had an important influence in policy and academic circles. This paper provides a unifying framework by using investment and fiscal behavior transmission channels in 53...
Persistent link: https://www.econbiz.de/10011112314
This paper is a direct extension of the paper of Jones (2007). This author presents a simple Mincerian approach to endogenizing schooling time in market economy. His specification is closest to that in Mincer (1958) which does not take into account the social benefits of education. Our note...
Persistent link: https://www.econbiz.de/10011113456