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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
This paper responds to the development policy debate involving the World Bank and the IMF on the use of fiscal policy not only for economic stabilization but also to promote economic growth and increase per capita income. A key issue in this debate relates to the effect of the composition of...
Persistent link: https://www.econbiz.de/10009418512
Foreign Direct Investment (FDI) into Mexico has increased dramatically since the inception of the North American Free … industry productivity and wages over the first ten years of NAFTA, paying particular attention to the source country and … composition, and sources from 1994-2005. There is evidence of a positive effect of FDI on productivity, particularly total factor …
Persistent link: https://www.econbiz.de/10005617063
, then we present two indices of insecurity for Mexico using the principal component factor analysis. An index called …
Persistent link: https://www.econbiz.de/10011108206
in Mexico. We focus in fiscal and monetary policy in the last 30 years. We critically revise empirical economic …
Persistent link: https://www.econbiz.de/10011110069
This paper studies absolute and conditional convergence (alfa and beta-convergence too,) in Mexico over the period 1970 …
Persistent link: https://www.econbiz.de/10005790376
The main purpose of the paper is to analyze different channels for innovations. We consider the influence of various incentives for innovation in Russian companies taking into account the organization of industries — vertical or horizontal orientation, peculiarities of corporate demography,...
Persistent link: https://www.econbiz.de/10014153492
– Inflation) x GDP = K_Index_Infl. Productivity Index: K_Index / Labor Force = K_PROD Inflation indexed Productivity Index: K …
Persistent link: https://www.econbiz.de/10011259539
For effective economic growth, intentional “creation” of unemployment is required to be followed up by its «elimination». From Okun’s law one can infer an interesting corollary: growing unemployment without reducing GDP increases the economy’s potential. This corollary can be proved...
Persistent link: https://www.econbiz.de/10011259561
The article describes “the theory of value depreciation” developed by the author. In accordance with this theory, economic growth takes place using two inter-connected phenomena: (a) reduction in time necessary to produce “the set of goods currently consumed” (first form of value...
Persistent link: https://www.econbiz.de/10011260254