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find that local education finance yields higher growth at the price of increased inequality. Aggregate fertility may be …This paper analyses the effect of federalism on fertility and growth. In a model with human capital accumulation and … endogenous fertility, two regimes of education finance are compared: central and local education. Using numerical simulation, I …
Persistent link: https://www.econbiz.de/10010264266
The perpetual inventory method used for the construction of education data per country leads to systematic measurement … education level between census data and observations constructed from enrolment data. We discuss a methodology for correcting …
Persistent link: https://www.econbiz.de/10010270563
economic institutions and quantitative measures of tertiary education cannot. Under the growth model estimates and plausible …Existing growth research provides little explanation for the very large differences in long-run growth performance … across OECD countries. We show that cognitive skills can account for growth differences within the OECD, whereas a range of …
Persistent link: https://www.econbiz.de/10010274864
analyse the effect of both, coal and oil on economic growth between 1900 and 2015, exploiting variation at the level of …
Persistent link: https://www.econbiz.de/10014469738
—together with standard growth models to frame the role of religion in economic growth. Unifying a growing literature, we argue that … religion can enhance or impinge upon economic growth through all four elements because it shapes individual preferences … development. It affects human capital through both religious and secular education. It affects population and labor by influencing …
Persistent link: https://www.econbiz.de/10014469796
-run effects of capital markets integration, in equilibrium, on the optimal provision of education and growth. Third, we examine a … education with and without capital markets integration. First, we explore how regimes of education provision - public, private … competition game where countries compete in the provision of public education. …
Persistent link: https://www.econbiz.de/10010314866
This paper examines the causality relationship between immigration, unemployment and economic growth of the host … (France, Iceland, Norway and the United Kingdom), growth positively causes immigration, whereas in any country, immigration … does not cause growth. …
Persistent link: https://www.econbiz.de/10010293911
In the first part of the paper we look at economic growth in Africa over the past three decades. We divide the past …. Although the improved growth performance has helped to improve human development and reduce poverty, poverty levels remain high … in many countries and more needs to be done to make growth more inclusive .In the second part we estimate the trend …
Persistent link: https://www.econbiz.de/10010293975
We build and estimate a structural dynamic general equilibrium model of growth and trade. Trade affects growth through …, growth affects trade, directly through changes in country size and indirectly through altering the incidence of trade costs …. Theory translates into an intuitive econometric system that identifies the causal impact of trade on income and growth, and …
Persistent link: https://www.econbiz.de/10011307111
We construct a tractable general equilibrium model of cumulative innovation and growth, in which new ideas strictly …
Persistent link: https://www.econbiz.de/10010322995