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In this paper I argue that the manufacturing sector still has an important role to play in Africa's development. Despite failing to industrialize in the past, there may be a new window of opportunity. This is due to the convergence of what has been called "brilliant" new technologies associated...
Persistent link: https://www.econbiz.de/10011949049
compared with the western region. Foreign direct investment (FDI) and information and communication technology (ICT) investment …
Persistent link: https://www.econbiz.de/10003323158
trend (purely external non-economic) as well as other exogenous (external economic) factors (technology shifters). We define … technology index based on the external economic factors which are indicators of ‘technology’. Thus our definition of production … function is amended to accommodate several technology shifters which are not separable from the traditional inputs. That is …
Persistent link: https://www.econbiz.de/10003941555
call technology shifters (economic factors). We use several composite technology indices based on appropriate combinations … of the external economic factors which are indicators of different aspects of technology. These technology indices are … specific external economic factors. Furthermore, the technology shifters allow for non-neutral and biased shifts in TC. We also …
Persistent link: https://www.econbiz.de/10009425734
the traditional production model where technology is represented by a time trend. TFP growth is decomposed into … unobservable technical change, scale economies and observable technology shifter index components. The empirical results are based … exogenous growth factors are used in modeling four technology shifter indices to explore development infrastructure, finances …
Persistent link: https://www.econbiz.de/10011595871
We investigate emigrant self-selection according to institutional quality using up to 3,566 observations on bilateral migration flows from 77 countries over the 1990-2000 period. We relate these flows to differences in political and economic institutions. We improve and expand upon previous...
Persistent link: https://www.econbiz.de/10011317631
Available wisdom suggests that a negative relationship prevails between economic freedom and perceived corruption among … economic freedom in influencing perceived corruption. The firm-level data helps to explore the relationship between economic … freedom across Indian states and the perceived corruption in the formal sector. A statistically significant negative …
Persistent link: https://www.econbiz.de/10014390533
This paper provides a novel microeconomic foundation for pecuniary human capital externalities in a labor market model of monopsonistic competition. Multiple equilibria arise because of a strategic complementarity in investment decisions. -- Externalities ; human capital ; multiple equilibria
Persistent link: https://www.econbiz.de/10003759894
highlighted within the UK Government's framework for Science & Technology. -- Cooperation for innovation ; technological …
Persistent link: https://www.econbiz.de/10003831766
and with the technology level. This paper contributes by bringing together these two views, both theoretically and … empirically. We show that both the degree of openness and the technology level mediate the impact of exchange rate movements on … labour market developments. According to our estimations, whereas employment in high-technology sectors seems to be …
Persistent link: https://www.econbiz.de/10003847163