Showing 1 - 10 of 791
This chapter gives an overview of the male labour supply literature, focusing on what that literature implies for the design of the tax-transfer system. According to conventional wisdom, male labour supply is rather insensitive to tax rates. This, in turn, implies that the welfare losses from...
Persistent link: https://www.econbiz.de/10011109833
long-run perspective by assessing the relationships among population growth and a plethora of investment dynamics: public … findings reveal a long-run positive causal linkage from population growth to only public investment. But for domestic … investment, permanent fluctuations in human capital affect permanent changes in other forms of investments. Robustness checks on …
Persistent link: https://www.econbiz.de/10008924835
investment indicators: public, private, foreign and domestic investments. Using asymmetric panels on data spanning from 1977 to … 2007, we investigate effects of population growth on investment from Granger causality models. Our findings reveal a long …-run positive causal linkage from population growth to only public investment. But for domestic investment, permanent fluctuations …
Persistent link: https://www.econbiz.de/10011109093
The role of Africa in world demographic change is primary and consequences on future investment dynamics could provide … investment. Our study reinforces the lack of consensus over the impact of demographic change on economic growth. Main findings … public and private investments in Swaziland; (3) deplete public investment but augment domestic investment in Zambia; (4 …
Persistent link: https://www.econbiz.de/10011109844
massive variation of agricultural labor productivity across countries. The development of credit markets enables more agents …
Persistent link: https://www.econbiz.de/10011114351
associated with the previous level of inequality and growth. Finally, human capital investment is positively related with the …
Persistent link: https://www.econbiz.de/10013143699
measures of saving and investment understate both the extent to which we save and the extent of the resources that we allocate … to investment. Moreover, the national accounts data do not allow us to monitor substitution between tangible and …
Persistent link: https://www.econbiz.de/10005836551
cumulative consumption during given period , total investment allocation among physical capital, human capital, natural capital … defines in general an optimum structure of investment allocation among K, L and R. The second step defines optimum investment …
Persistent link: https://www.econbiz.de/10008543487
elastically supplied, by credit expansion for example (as Schumpeter observed). Attributing growth to investment, therefore … not support Marx’s notion of an “original accumulation of capital.” Saving and investment must be used when they are made …
Persistent link: https://www.econbiz.de/10008574606
This paper evaluates the proposition that development of human capital can be instrumental in attracting FDI in developing countries by using fixed effects models on the panel data of 23 selected developing countries and 35 years (1970-2004). For the purpose, we employ two indicators of human...
Persistent link: https://www.econbiz.de/10011111951