Showing 1 - 10 of 278
life expectancy has a positive effect on schooling but a negative effect on expected lifetime labor supply. This paper …
Persistent link: https://www.econbiz.de/10011207126
capital accumulation of child depends on time devoted by child for schooling and financial resources invested towards … run as well as long run effects of increase in size of land holding on child labour, human capital formation and growth … and earns wage proportional to human capital and the child is employed in the land possessed by the household and also …
Persistent link: https://www.econbiz.de/10011039048
The comprehensive evaluation of education reforms in developing countries needs the consideration of the 'triangle'' quality-quantity-equity in the short, medium and long term, in a broader context than just the education system itself. There is no simple ‘recipe'' to enhance education,...
Persistent link: https://www.econbiz.de/10005416818
The hypothesis that economic freedom and related variables are significant determinants of real per capita income and growth is critically evaluated. Economic freedom is found necessary for higher levels of per capita income and growth largely in terms of threshold effects as opposed to...
Persistent link: https://www.econbiz.de/10005416849
We show that Stiglitz's (1974) principal-agency theory of share tenancy does not imply, as alleged, that the optimal tenant share is less than one for risk-averse tenants nor that the share decreases monotonically with tenant risk aversion. Tenants may self insure by working harder increasingly...
Persistent link: https://www.econbiz.de/10005416854
Assuming that there exists a preference for luxury goods and a knowledge spillover from luxury goods production to goods production, this paper constructs an endogenous economic growth model. The model predicts two steady states: one is a steady positive growth state with regard to luxury goods...
Persistent link: https://www.econbiz.de/10005416864
Goods are often allocated publically by means of queuing processes in developing countries. In such situations, which group of citizens should a corrupt government official favor? In addition, what should be the basis for this favoritism? To the best of our knowledge, these salient questions...
Persistent link: https://www.econbiz.de/10005416876
Whether good macroeconomic policy facilitates aid effectiveness in generating growth is a highly debated topic. In this paper we investigate if economic reform has a favorable effect on the aid-growth relation—specifically, if reform enhances the effect of aid on growth. In doing so, we...
Persistent link: https://www.econbiz.de/10005416884
absorptive capacities, namely, initial GDP, human capital and the volume of trade, that are used as threshold variables in our … and human capital are important factors in explaining FDI. FDI is found to have a positive and significant impact on … growth when host countries have better levels of initial GDP and human capital. …
Persistent link: https://www.econbiz.de/10005416887
In many arranged marriage contexts, a mediator assists the bride and the groom's families in determining the actual amount of the dowry. Although social scientists in general and economists in particular have studied many aspects of dowries, to the best of our knowledge, the nature of the...
Persistent link: https://www.econbiz.de/10005416920