Showing 1 - 10 of 761
This study analyses the role of education in economic development in the republics of the former Socialist Bloc and … more specifically the impact of human capital on per capita economic growth in transition economies in the Russian … Federation, and Ukraine. The factors that are associated with the human capital in terms of education levels are analyzed in …
Persistent link: https://www.econbiz.de/10005836190
The aim of this paper is to shed light on the relationship between education and growth in Morocco. Econometric tools … show a significant short-term causality between education (proxied by enrollment rates in all three levels: primary …, secondary and tertiary) and growth in both direction. However, no stable long-term could be found. This suggests that this …
Persistent link: https://www.econbiz.de/10008855555
though if its growth is caused by capital accumulation (perspiration factors) or driven by Total Factor Productivity (TFP …) growth (inspiration factors). The difference between both stances is quite substantial since, if the perspiration theory is … correct, one expects the growth of the Chinese economy to slow down over time as the capital accumulation grows increasingly …
Persistent link: https://www.econbiz.de/10011110187
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
Long-term growth in developing countries has been explained in four frameworks: ‘extractive colonial institutions …, controlling for legal origins and geography. Utilizing freshly collected data on colonial-era population density and education, we …, contra Acemoglu et al., (2001). Further, we find that instrumented human capital explains long-term growth better, and shows …
Persistent link: https://www.econbiz.de/10005790198
This paper studies the role of education as a way of reducing private rent seeking activities and increasing output. In … many underdeveloped economies, for most individuals, there is no private return to education. Nonetheless, according to … this paper, governments are better off by investing in public education. We view education as a means to build personal …
Persistent link: https://www.econbiz.de/10008567980
This paper investigates a possible impact of education corruption on economic growth in Russia. It argues that high … levels of education corruption may harm total factor productivity in the long run, primarily through lowering the level of … reduce education corruption in the short run, but can eventually lead to implementation of higher ethical standards in the …
Persistent link: https://www.econbiz.de/10008528746
Abstract This paper examines the determinants of economic growth, income inequality, and their relationship in the … context of education inequality. The econometric results from a cross-section analysis of 23 provinces in the period of 1996 … income distribution. It also confirms that economic growth has strongly and significantly equalizing effect on the income …
Persistent link: https://www.econbiz.de/10008497658
productivity, Euro area productivity growth has, since the mid-1990s, fallen significantly behind. We show that this recent … divergence has accelerated since 2000, and that this is mainly due to the poor rate of Euro area TFP growth. Based on prevailing … trends, we estimate that potential output growth in the Euro area currently may be running as low as 1.5 percent per year. In …
Persistent link: https://www.econbiz.de/10005835546
the possible relation between the international trade and economic growth. Increasing of Gross Domestic Product is the … main target of almost every economy. Promoting exports of the country is one of the ways of achieving economic growth …
Persistent link: https://www.econbiz.de/10005835581