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This paper examines the determinants of economic growth, income inequality, and their relationship in the context of education inequality. The econometrics indicate that a higher level of human capital and the relative dispersion of human capital have a disequalizing relationship with income...
Persistent link: https://www.econbiz.de/10013143699
In his Inquiry into the Nature and Causes of the Wealth of Nations Adam Smith (1776) considered the phenomenon of division of labor so enormously significant for the creation of a nation’s wealth that he devoted the first three chapters of his book to an investigation of this process. This is...
Persistent link: https://www.econbiz.de/10008596380
Adam Smith (1776) devoted the first three chapters to the division of labor in his Inquiry into the Nature and Causes of the Wealth of Nations. This process, carried far enough, eventually results in a divergence between the distributions of supplies and demands of such...
Persistent link: https://www.econbiz.de/10009025275
India's economic rise during the last decades has surprised most of the economists, including the Nobel Laureate Paul … Krugman. Which are the ingredients of such an economic roadmap and why hasn’t India's economy boosted along with those of the … "Asian tigers" during the 80s or later, with China’s economy? Once India became an important economic player, it can no …
Persistent link: https://www.econbiz.de/10008835347
aftermath of the Southeast Asian crisis, the limitation of the liberal capital regime for a developing country like India is … often highlighted in the literature. However, the probable impact of introducing KAC on CAB in India generally is discussed … theoretically. Though some of the existing studies in India have earlier focused on this research question, they have done so by …
Persistent link: https://www.econbiz.de/10014194754
The purpose of this paper is to examine the progress in socioeconomic conditions across the major states of India by …
Persistent link: https://www.econbiz.de/10014154852
In recent years there has been a rapid and sustained growth of the service sector in the Indian economy. But unfortunately, while the importance of the services is growing statistical data and other relevant information of the services are abysmally low. There are problems relating to the...
Persistent link: https://www.econbiz.de/10014187326
We study the stability issue in a Cournot duopoly with codetermined firms. We show that when both firms codetermine employment together with decentralised employees’ representatives, a rise in wages acts as an economic de-stabiliser (stabiliser) when the wage is fairly low (high), while under...
Persistent link: https://www.econbiz.de/10009325620
In this paper, I argue that the quickest means for human resources (HR) and human resource development (HRD) functions to achieve strategic positions in their organizations is to foster their roles as change champions and as providers of people-oriented decision-support. HRD practitioners have...
Persistent link: https://www.econbiz.de/10005789375
The nature and pace of economic progress in a country depends, among others, on the venturesome qualities of its people. The development of entrepreneurship has, therefore, been taken as an important element in human development sphere in Malaysia. In fact, the Malaysian Government has...
Persistent link: https://www.econbiz.de/10005789593