Showing 1 - 10 of 24
This paper constructs a model of growth based on Adam Smith's notions of specialization and extent of the market. We seek to explain the following stylized facts. 1) The share of household production in total output has fallen over time as the economy has grown. 2) Services as a percent of GDP...
Persistent link: https://www.econbiz.de/10008550554
The work constructs projections till 2030 for health care expenditures of Italian Regional Health Care Systems. Three … finance them, with a full breakdown per Regions. A useful work for stimulating the debate on health system reforms in Italy …
Persistent link: https://www.econbiz.de/10011110395
investment in human capital. In particular, the human capital investment of households with 1-3 children tends to be more … pronounced than that of households with more than 3 children. Moreover, households with 1-3 children act as an important …
Persistent link: https://www.econbiz.de/10009147703
India’s success story in services is well documented at the national level, but similar literature does not exist for India’s states. In this paper, we bridge this gap in research by looking at India’s services growth at the sub-national level and in doing so, also challenge existing...
Persistent link: https://www.econbiz.de/10009246879
ABSTRACT. This paper carries out an explanatory investigation into the relationship between socio-institutional conditions, quality of life indicators and economic growth in the Italian regions. Previous studies stress the importance of institutional quality, social capital and social conditions...
Persistent link: https://www.econbiz.de/10009151585
The paper aims to explicitly determine the distribution of human capital across hierarchic educational stages along the transition process, and to analyse the determinants of its evolution. We apply optimal control principles in a model of endogenous growth with two successive stages of...
Persistent link: https://www.econbiz.de/10005836837
outbreak of the disease. The underlying theoretical model, in which it is assumed that parents raise and educate children for … future generations is weakened, as children are left orphaned and surviving adults are correspondingly burdened. As a … consequence, per capita income decreases and communities can less afford to raise and educate children as they did before the …
Persistent link: https://www.econbiz.de/10005836110
health affecting consumer’s utility and we define also a Health Production Function where health is the output and the … consumer’s good are the inputs. In this approach we define lifestyle as the return to scale of the Health Production Function A … first result is that an increase of consumer’s personal income may have a positive or a negative effect on health. According …
Persistent link: https://www.econbiz.de/10005617028
Undervaluation of the currency is generally believed to affect growth through two main transmission channels: the “capital accumulation channel” and the “total factor productivity (TFP) growth channel”. This paper carries out the first empirical investigation on the TFP growth channel....
Persistent link: https://www.econbiz.de/10011260337
One of the greatest challenges China faces is how to reshape its heavily investment-driven mode of economic growth. By …
Persistent link: https://www.econbiz.de/10009226815