utilization. First, it explains why utilization is a crucial variable for the various theories of growth and distribution …This paper discusses some issues related to the triangle between capital accumulation, distribution, and capacity … determined distribution (along classical lines). Second, it responds to some recent criticism by Girardi and Pariboni (2019). I …

economic decline through reduced human capital accumulation and reduced growth of per-capita output. …

growth and dynamic welfare with special reference to South Africa. While water may become a limiting factor for future … development in general, as a drought prone and water poor country with rapid population growth, South Africa may face more serious …

We obtain time series estimates of the long run growth rates of 17 OECD countries, and test the hypothesis that these … long run growth rates, and; (ii) any policies that can raise national growth rates must be international in scope. The … results therefore have bleak implications for the ability of countries to affect their long run growth rates. …

determinants of growth rates of per capita GDP among countries using two variants of Edward Leamerâ??s extreme-bounds analysis is … the factors that most affect differences of growth rates are ones that are beyond the control of policymakers. …

at least half of product innovation and growth comes from firms that never patent. We also find that market leaders use …