capital. Theoretically, the stock of knowledge available in a country determines through innovation productivity growth. In … that way, we use a Vector Error Correction model (VECM) to evaluate the impact of human capital on productivity growth …. Productivity is approximated by the Total factors Productivity (TFP) evaluated by growth accounting method. Our estimates show that …

massive variation of agricultural labor productivity across countries. The development of credit markets enables more agents …

which to satisfactorily manage human development. The impact the price of oil has on the global economy is testimony to the …

, especially in relation to the circular flow of income, price, value and the exchange of goods and services. The hypothesis that … constant price is used to first anchor the idea resources are available so that a greater emphasis is placed on the burden of …

economy at constant price and how the calibration of the economic operating system predetermines whether a country or economy …

, price determination and forces of demand and supply in order to illustrate how an EOS model offers greater economic growth …