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Education, social equality and economic growth : a view of the landscape
Thorvaldur Gylfason; Gylfi Zoega - 2003
Education has been one of the key determinants of economic growth around the world since 1965. In this paper, we discuss three different measures of education, and consider their relationship to the distribution of income as measured by the Gini coefficient as well as to economic growth across...
Persistent link: https://www.econbiz.de/10011506215
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NAFTA and Mexico's economic performance
Tornell, Aaron; Westermann, Frank; Martínez Trigueros, … - 2004
Mexico, a prominent liberalizer, failed to attain stellar gross domestic product (GDP) growth in the 1990s, and since … 2001 its GDP and exports have stagnated. In this paper we argue that the lack of spectacular growth in Mexico cannot be … extraordinary growth of exports and foreign domestic investment (FDI). The key to the Mexican puzzle lies in Mexico s response to …
Persistent link: https://www.econbiz.de/10011402509
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Social security systems, human capital, and growth in a small open economy
Kaganovič, Michail I.; Meier, Volker - 2008
We consider a small open economy in which the level of public education funding is determined by popular vote. We show that growth can be enhanced by the introduction of pay-as-you-go pensions even if the growth rate of aggregate wages falls short of the interest rate. The reason is that the...
Persistent link: https://www.econbiz.de/10003803501
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The contribution of human capital and its policies to per capita income in Europe and the OECD
Égert, Balázs; Botev, Jarmila; Turner, David - 2020
This paper studies empirically the effect of education policies on human capital and per capita income. The results suggest for European and OECD countries that higher attendance at pre-primary education, greater autonomy of schools and universities, a lower student-to-teacher ratio, higher age...
Persistent link: https://www.econbiz.de/10012388211
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Subjective well-being, income, economic development and growth
Sacks, Daniel W.; Stevenson, Betsey; Wolfers, Justin - 2010
We explore the relationships between subjective well-being and income, as seen across individuals within a given country, between countries in a given year, and as a country grows through time. We show that richer individuals in a given country are more satisfied with their lives than are poorer...
Persistent link: https://www.econbiz.de/10008697413
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Does the European Marriage Pattern explain economic growth
Dennison, Tracy K.; Ogilvie, Sheilagh C. - 2013
This paper scrutinizes the recently postulated link between the European Marriage Pattern (EMP) and economic success. A metastudy of the historical demography literature shows that the EMP did not prevail throughout Europe, its three key components did not always coincide, and its more extreme...
Persistent link: https://www.econbiz.de/10009743774
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Did the Black Death cause economic development by "inventing" fertility restriction?
Edwards, Jeremy S. S.; Ogilvie, Sheilagh C. - 2018
Voigtländer and Voth argue that the Black Death shifted England towards pastoral agriculture, increasing wages for unmarried women, thereby delaying female marriage, lowering fertility, and unleashing economic growth. We show that this argument does not hold. Its crucial assumption is...
Persistent link: https://www.econbiz.de/10011845175
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Institutional framework and poverty : a transition economy perspective
Ahsan, Syed M. - 2001
This paper focuses on the role of institutions in poverty alleviation, where both poverty and institutions are interpreted broadly. The broadening of the poverty notion is important at least from the policy perspective. Even if one were convinced that higher growth would reduce income poverty to...
Persistent link: https://www.econbiz.de/10011400868
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Global trends in numeracy 1820-1949 and its implications for long-run growth
Crayen, Dorothee (contributor); Baten, Jörg (contributor) - 2008
Persistent link: https://www.econbiz.de/10003641631
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Growth, foreign direct investment and urban concentrations : unbundling spatial lags
Poelhekke, Steven (contributor);  … - 2008
Cross-country regressions suggest that urbanization and FDI are important drivers of growth. However, it is not clear that primacy eventually hurts growth performance. Since it is tough to interpret cross-country growth regressions, we provide detailed evidence on the determinants of outward FDI...
Persistent link: https://www.econbiz.de/10003790984