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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
Education as a major human capital determinant of the modern growth models also enters the realm of spatial analysis. Yet, studies investigating the role of spatial distribution of education on income inequalities are rare. Originating from this central discussion, the study aims to understand...
Persistent link: https://www.econbiz.de/10008919747
According to economic theory, supported by rich empirical evidence, the ability of an economy to accumulate a high quality human capital is an important factor of economic growth. Since economies better endowed with human capital grow at a higher rate, the mobility of skilled individuals should...
Persistent link: https://www.econbiz.de/10011108221
In recent decades there has been increasing attention for Chinese economic development. There has been a big debate though if its growth is caused by capital accumulation (perspiration factors) or driven by Total Factor Productivity (TFP) growth (inspiration factors). The difference between both...
Persistent link: https://www.econbiz.de/10011110187
economies like India. At the time of our independence, the national government was unanimous in accepting that a much wider base … taking a stock of the regional distribution of infrastructural facilities in India. In this paper an attempt has been made … in India, not only among the states, but within states also. It is also noted that the relative hierarchy has remained …
Persistent link: https://www.econbiz.de/10005621573
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