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Permanent Injury and the Disability-Mitigating Effects of Education
Cater, Bruce; Kang, Sohee; Lew, Byron; Pollanen, Marco - In: Economics Bulletin 33 (2013) 3, pp. 2064-2079
strong disability-mitigating effect in cases of knee and shoulder injuries, but a smaller effect where workers have … mitigates disability not so much by facilitating job shifting, but rather by enabling the individual to return to the pre …-injury occupation. These latter results suggest that education may mitigate disability somewhat indirectly by facilitating the …
Persistent link: https://www.econbiz.de/10010686032
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Coca Leaves Production and Eradication: A General Equilibrium Analysis
Bogliacino, Francesco; Naranjo, Alberto J. - In: Economics Bulletin 32 (2012) 1, pp. 382-397
Law enforcement against illegal drug markets like coca leaf production have created big debate about its consequences and effectiveness. Since this enfocerment does not only affect the illegal market but also the legal ones it is then necessary to study its effects and effectiveness within a...
Persistent link: https://www.econbiz.de/10011278520
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Straightening out the concept of direct and indirect input requirements
Sancho, Ferran - In: Economics Bulletin 32 (2012) 1, pp. 502-509
Gim & Kim (1998) proposed a generalization of Jeong (1982, 1984) reinterpretation of the Hawkins-Simon condition for macroeconomic stability to off-diagonal matrix elements. This generalization is conceptually relevant for it offers a complementary view of interindustry linkages beyond final or...
Persistent link: https://www.econbiz.de/10011278527
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On the Performance of Foreign Direct Investment in China: 1981-2004
Jiang, Mingming - In: Economics Bulletin 32 (2012) 4, pp. 3320-3332
This paper centers on the measurement of the time-varying efficiency of foreign direct investment (FDI) in China from 1981 to 2004. I modify the standard stochastic production frontier approach to isolate the estimate of the technical efficiency of FDI. The estimations show that the FDI...
Persistent link: https://www.econbiz.de/10011278550
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Economic Freedom and Indian Outward Foreign Direct Investment: An Empirical Analysis
Anwar, Amar Iqbal; Mughal, Mazhar - In: Economics Bulletin 32 (2012) 4, pp. 2991-3007
This study examines the role economic freedom plays in attracting Indian outward foreign direct investment to various countries. Investments by Indian multinationals to various continents are studied along with aggregate investment outflows. Results show that Indian outward FDI do appear to...
Persistent link: https://www.econbiz.de/10011278618
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Modeling the future of knowledge economy: evidence from SSA and MENA countries
Asongu, Simplice A - In: Economics Bulletin 33 (2013) 1, pp. 612-624
This paper projects the future of knowledge economy (KE) in SSA and MENA countries using the four components of the World Bank's Knowledge Economy Index (KEI): economic incentive, education, ICTs and innovation. The empirical evidence provides the speeds of integration as well as the time...
Persistent link: https://www.econbiz.de/10011278769
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Education, growth and technology diffusion
Heinrich, Tobias - In: Economics Bulletin 32 (2012) 1, pp. 866-870
This paper tests the Nelson-Phelps hypothesis with recently developed panel cointegration tests and new cross-country datasets. The empirical results give evidence that all types of education are important for TFP growth and that there is an interaction between education and the distance to the...
Persistent link: https://www.econbiz.de/10011278861
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Fiscal policy, economic activity and welfare: the case of Greece
Papageorgiou, Dimitris - In: Economics Bulletin 31 (2011) 3, pp. 2629-2640
This paper examines how changes in different fiscal (tax-spending) policy instruments affect economic activity and social welfare in the Greek economy. The setup is a neoclassical growth model augmented with a public sector. The government's spending instruments include public consumption,...
Persistent link: https://www.econbiz.de/10009293599
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Economic Policies and the Impact of Natural Disasters on Economic Growth: A Threshold Regression Approach
Aurangzeb, Zeb; Stengos, Thanasis - In: Economics Bulletin 32 (2012) 1, pp. 229-241
This paper investigates the impact of natural disasters on the long-term macroeconomic performance of a country. More specifically, we want to see whether the impact of natural disasters on economic growth is uniform across countries or it is differentiated according to the macroeconomic policy...
Persistent link: https://www.econbiz.de/10009421765
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Capital flight from resource rich developing countries
Demachi, Kazue - In: Economics Bulletin 34 (2014) 2, pp. 734-744
This paper analyzes the magnitude and determinants of capital flight from resource-rich developing countries (RRDCs) using macro-panel data from 21 countries from 1990 to 2011. Calculations reveal that capital flight from RRDCs was less serious than that experienced by some Latin American...
Persistent link: https://www.econbiz.de/10010835729