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Education Inequality, Economic Growth, and Income Inequality : Evidence from Indonesia, 1996-2005
Digdowiseiso, Kumba - 2010
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 distribution. This study also indicates that economic growth has a … 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
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Do Sufficient Institutions Alter the Relationship between Natural Resources and Economic Growth?
Zeynalov, Ayaz - 2014
The purpose of this paper is to test whether institutional governance and its performance is a main driving force to achieve a positive relationship between natural resources and economic growth in the long run. The main objective is to ascertain what kind of institutional governance would be...
Persistent link: https://www.econbiz.de/10013056564
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Do University Rankings Matter for Growth?
Tan Kuan Lu, Clifford - 2014
I investigate the relationship between university rankings and economic growth and found that the relationship is statistically significant. The more the number of universities that a country has in international university rankings, the higher its GDP per capita. What is more surprising is...
Persistent link: https://www.econbiz.de/10013061096
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Economic Growth Dynamics Across Countries
Lechman, Ewa - 2014
The main purpose of the paper is to analyze GDP PPP per capita growth rates across countries in the period 1980-2008, as well as to identify top and bottom country performers. In addition, the author verifies the statistical relationship between GDP PPP per capita and some arbitrary selected...
Persistent link: https://www.econbiz.de/10014147300
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On two theories of value and distribution
Naqvi, Nadeem - Volkswirtschaftliche Fakultät, … - 2011
This paper compares the theory of value and distribution of Arrow and Debreu [1954] with that of Sraffa [1960]. I consider such versions of the two models that capture their salient features, without aiming at the greatest possible generality, so as to isolate the precise nature of the...
Persistent link: https://www.econbiz.de/10009370820
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Income Distribution and Macroeconomics
Galor, Oded; Zeira, Joseph - Volkswirtschaftliche Fakultät, … - 1988
This paper analyzes the role of income distribution in macroeconomic analysis. The study demonstrates that the long-run equilibrium depends on the initial distribution of income. In accordance with empirical evidence concerning the correlation between income distribution and output, an economy...
Persistent link: https://www.econbiz.de/10011109703
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Pareto Distributions and the Evolution of Top Incomes in the U.S.
Aoki, Shuhei; Nirei, Makoto - Volkswirtschaftliche Fakultät, … - 2013
This paper presents a dynamic general equilibrium model with heterogeneous firms and entrepreneur's portfolio choice. We analytically show that this model generates the Pareto distribution of top income earners and Zipf's law of firms at the steady state. The differential equation for the...
Persistent link: https://www.econbiz.de/10011111065
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The Profit Theory is False Since Adam Smith. What About the True Distribution Theory?
Kakarot-Handtke, Egmont - Volkswirtschaftliche Fakultät, … - 2014
All popular schools lack a consistent profit theory. Economists have no true conception of the most important phenomenon in their universe. This methodological defect persists since Adam Smith. Therefore, the theories of income and wealth distribution are wrong by logical implication. If the...
Persistent link: https://www.econbiz.de/10011111106
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LABOR AND CAPITAL AS ELEMENTS OF PRODUCTIVE FORCES
Filippova, Irina - Volkswirtschaftliche Fakultät, … - 2012
This article analyzes the relations between capital and labor in the aspects of reproductive processes and social and … economic development. Labour and capital are linked through the production and consumption. However, if this link is positive …, to be exact, the contradictions between the active elements of productive forces and the capital as an institutional …
Persistent link: https://www.econbiz.de/10011259730
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Aspecte teoretice ale pieței muncii
Juravle, Daniel; DD - Volkswirtschaftliche Fakultät, … - 2012
The subject of this paper consist in theoretical study on the labor market. In view to acomplish the mentioned scientific endeavour this original approach is focused on identifying and understanding the mechansim that determine or facilitate the labor market facts. For this purpose is laid...
Persistent link: https://www.econbiz.de/10009647442