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"The authors follow the Hellerstein, Neumark, and Troske (1999) framework to estimate marginal productivity … differentials and compare them with estimated relative wages. The analysis provides evidence on productivity and nonproductivity … training on wages and productivity differentials. Higher education yields higher productivity. However, highly educated workers …
Persistent link: https://www.econbiz.de/10010522409
The Republic of Maldives, a middle-income country of extraordinary natural beauty, is one of the most advanced nations in South Asia. The Maldives consists of an archipelago of nearly 1,200 islands and a population of approximately 400,000 inhabitants; 310,000 Maldivians and 90,000 expatriate...
Persistent link: https://www.econbiz.de/10012550600
This report argues that if a growth surge is to evolve into a virtuous spiral that stimulates even higher and sustained growth rates in a substantial number of African countries, a significant increase in investment in physical and human capital is needed over an extended period. This report...
Persistent link: https://www.econbiz.de/10012561159
"Empirical explorations of the growth and productivity impacts of infrastructure have been characterized by ambiguous … indirect) channels of influence between infrastructure and productivity improvements. The authors explore these possibilities … alternative measures of productivity, the prevalence of ambiguous (countervailing signs) results, with little systematic pattern …
Persistent link: https://www.econbiz.de/10010522073
This 10th South Africa Economic Update offers a review of the country's recent economic and social developments and outlook in the context of global economic prospects. It focuses on the role of innovation in fostering economic growth, job creation and poverty reduction in an environment in...
Persistent link: https://www.econbiz.de/10012247001
"Are natural resources a blessing or a curse? Bravo-Ortega and De Gregorio present a model in which natural resources have a positive effect on the level of income and a negative effect on its growth rate. The positive and permanent effect on income implies a welfare gain. There is a growth...
Persistent link: https://www.econbiz.de/10010522714
Persistent link: https://www.econbiz.de/10010525375
Countries that invest heavily and effectively in education and skills to produce information and knowledge will benefit economically and socially. The European Union (EU) has set the goal to make Europe the most competitive and dynamic knowledge-based economy in the world. Turkey, in its Ninth...
Persistent link: https://www.econbiz.de/10012553262
Malaysia's higher education sector expanded rapidly in the late 1990s, with the number of institutions peaking in 2001 and the number of international students peaking in 2017. Following improvements in the quality of local universities and the establishment of branches of international campuses...
Persistent link: https://www.econbiz.de/10013254786
Uzbekistan is a lower middle-income country located in Central Asia with a population of 30 million people and an economy that has been growing by over 8 percent per annum since the mid-2000s. The composition of the workforce has also changed dramatically in recent years. The higher education...
Persistent link: https://www.econbiz.de/10012247259