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Human capital, economic growth, and regional inequality in China

Fleisher, Belton M.; Li, Haizheng - 2007

We study the dispersion in rates of provincial economic- and TFP growth in China. Our results show that regional growth … regional gaps in China as well as an efficient means to promote economic growth. …

Persistent link: https://www.econbiz.de/10010273849

The Economic Impact of Non-communicable Disease in China and India: Estimates, Projections, and Comparisons

Bloom, David E.; Cafiero, Elizabeth T.; McGovern, Mark E.; … - 2013

This paper provides estimates of the economic impact of non-communicable diseases (NCDs) in China and India for the … five main NCDs will total USD 27.8 trillion for China and USD 6.2 trillion for India (in 2010 USD). For both countries, the … that the costs are much larger in China than in India mainly because of China's higher income and older population. Rough …

Persistent link: https://www.econbiz.de/10010329114

Unemployment, Growth and Fiscal Policy : New Insights on the Hysteresis Hypothesis

Sorolla, Valeri; Sala, Héctor; Raurich, Xavier - 2004

We develop a growth model with unemployment due to imperfections in the labor market. In this model, wage inertia and balanced budget rules cause a complementarity between capital and employment capable of explaining the existence of multiple equilibrium paths. Hysteresis is viewed as the result...

Persistent link: https://www.econbiz.de/10010276428

On the multivariate analysis of the Lisbon process

Tausch, Arno; Heshmati, Almas; Bajalan, Chemen S.J. - 2007

Starting from Professor Kornai's assertion about the necessity to focus on the long-term perspectives of the transformation process, we analyze in this paper the Lisbon performance of the countries of the European Union from such a long-term, structural perspective. We present in a simple form...

Persistent link: https://www.econbiz.de/10010268253

Intangible capital and growth in advanced economies: Measurement methods and comparative results

Corrado, Carol; Haskel, Jonathan; Jona-Lasinio, Cecilia; … - 2012

We present a harmonized data set on intangible investment for a number of EU countries and an analysis of growth.

Persistent link: https://www.econbiz.de/10010287704

Skill-Biased Transition: The Role of Markets, Institutions, and Technological Change

Sabirianova Peter, Klara - 2003

This study attempts to explain why the transition to a market economy is skill-biased. It shows unequivocal evidence on … time-invariant explanation for skill-biased changes in wages and employment in the Russian economy. The increased skill …

Persistent link: https://www.econbiz.de/10010261607

Potential, prizes and performance : testing tournament theory with professional tennis data

Sunde, Uwe - 2003

This paper tests two hypotheses from the theory of elimination tournaments: (i) that uneven tournaments, where the contestants are ex ante heterogeneous, entail lower effort exertion; this is a prediction from agency theory that has not been tested empirically before; and (ii) whether incentives...

Persistent link: https://www.econbiz.de/10010261647

Can Job Competition Prevent Hold-Ups?

Jansen, Marcel - 2004

We consider an economy in which firms need to invest in capital before they can advertise a job, while applicants may … have to compete for jobs. Our aim is to investigate how this competition affects the investment decisions of firms. Our … first result shows that the economy always generates the right number of jobs. However, with random search firms under …

Persistent link: https://www.econbiz.de/10010261761

Tournaments: There Is More Than Meets the Eye

Epstein, Gil S.; Nitzan, Shmuel - 2004

By the well established tournament literature, incomplete information regarding the employees? productivity is essential for the rationalization of (efficiency-enhancing) tournaments. In this paper we propose an alternative rationalization of tournaments focusing on a fully informed principal...

Persistent link: https://www.econbiz.de/10010261791

Equilibrium Unemployment and Investment Under Product and Labour Market Imperfections

Kauppi, Heikki; Koskela, Erkki; Stenbacka, Rune - 2004

We study the implications of product market competition and investment for price setting, wage bargaining and thereby … for equilibrium unemployment in an economy with product and labour market imperfections. We show that intensified product … market competition will reduce equilibrium unemployment, whereas the effect of increased capital intensity is more complex …

Persistent link: https://www.econbiz.de/10010261822