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If government revenues from a flat-rate income tax are spent on public factors and public factors are used for human capital production and human capital is used for the production of technical progress, then a higher rate of taxation will lead to a higher rate of technical progress if steady...
Persistent link: https://www.econbiz.de/10011108048
A fruitful recent theoretical literature has related human capital and technological development with income (and wages) inequality. However, empirical assessments on the relationship are still scarce. We relate human capital and total factor productivity (TFP) with inequality and discover that,...
Persistent link: https://www.econbiz.de/10011109094
accomplish such innovations, knowledge management is a must from the front-end of the value chain until its concrete form that is …
Persistent link: https://www.econbiz.de/10005787002
Persistent link: https://www.econbiz.de/10012065287
Economic growth and unemployment exhibit an ambiguous relationship – according to empirical studies. This ambiguity can be investigated by observing the role of the underground economy in shaping the productivity of firms. Indeed, unemployment may be absorbed by underground firms, which adopt...
Persistent link: https://www.econbiz.de/10011212957
We show that socio-economic status (SES) is a powerful predictor of many facets of a child's personality. The facets of personality we investigate encompass time preferences, risk preferences, and altruism, as well as crystallized and fluid IQ. We measure a family's SES by the mother's and...
Persistent link: https://www.econbiz.de/10011252547
In Bulgaria, during the transition to market-oriented economy, many analyzes are based on the widely held view that one of the positive legacies of the economies in transition (particularly that of Bulgaria) is the high level of human capital. The high degree of development of education and...
Persistent link: https://www.econbiz.de/10011259237
Applying Lazear’s jack-of-all-trades theory we investigate the formation of entrepreneurial skills in two datasets on innovative new firms. Our results suggest that traditional human capital indicators individually have little or no influence on entrepreneurial skills. However, consistent with...
Persistent link: https://www.econbiz.de/10011260872
This paper examines the effects and origins of balanced skills among nascent entrepreneurs. In a first step we apply Lazear’s jack-of-all-trades theory to investigate performance effects of a balanced skill set. Second, we investigate potential sources of balanced skills, thereby testing the...
Persistent link: https://www.econbiz.de/10011260930
Central Asia, our paper investigates core as well as some specific determinants of firm innovation. We find that the … likelihood of engaging in innovation for a firm increases with its core socio-economic characteristics such as size, age …-economic covariates, the ultimate purpose of our study is to obtain more in-depth knowledge about the policy implacable factors for firm …
Persistent link: https://www.econbiz.de/10011260975