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, Khenkin, 1988. It is shown that, as a result of interaction between innovation and imitation, the shape of the efficiency …
Persistent link: https://www.econbiz.de/10008592990
innovation. Using the Chinese provincial data from 1997 to 2006, we show that workers’ tertiary education is significantly and …This study examines one of the channels through which education may contribute to economic growth, specifically …, innovation. Endogenous growth theory has long suggested that human capital lead to greater innovation and, through technology …
Persistent link: https://www.econbiz.de/10005055488
While assessing the status of the schooling infrastructure, the evaluation at the aggregate level (at the national or state level) always conceals the geographical spread across sub-regions, and therefore ignores regional disparities. The laggard regions always bring down the overall performance...
Persistent link: https://www.econbiz.de/10011109141
elastically supplied, by credit expansion for example (as Schumpeter observed). Attributing growth to investment, therefore … not support Marx’s notion of an “original accumulation of capital.” Saving and investment must be used when they are made … in physical or human capital. Innovation 1700-2010 pushed the marginal product of all capitals steadily out, and the …
Persistent link: https://www.econbiz.de/10008574606
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...
Persistent link: https://www.econbiz.de/10008835347
cost of the other. To stabilize this an important marginal condition has to be met: the investment (breeding, education …I suggest a new game called wise exploitation. It is characterized by a small investment of the exploiting party to …
Persistent link: https://www.econbiz.de/10008595615
The aim of this paper is to determine stable long-run relationships between investment, trade balance and cash …. Furthermore, we use the Hansen stability test of all these tests using LC, MeanF and SupF. The findings exhibit stable Sectorial …
Persistent link: https://www.econbiz.de/10011109527
This contribution examines the major features of UAE’s economy, its factors of strengths, undelying also its critical aspects. Furthermore, the work focuses on the crucial factors that characterize a diversified knowledge economy and indicates the policies that the economy of the United Arab...
Persistent link: https://www.econbiz.de/10011259302
We propose a difference-differential equation that reflects interactions between innovation and imitation processes to …
Persistent link: https://www.econbiz.de/10008468150
Economic growth and unemployment exhibit an ambiguous relationship – according to empirical studies. This ambiguity can be investigated by observing the role of the underground economy in shaping the productivity of firms. Indeed, unemployment may be absorbed by underground firms, which adopt...
Persistent link: https://www.econbiz.de/10011212957