Showing 1 - 10 of 1,784
Persistent link: https://www.econbiz.de/10011759878
ageing on economic growth, capital deepening and robotisation in 27 European Union (EU) labour markets. First, we … econometrically assess the effects of ageing and potential labour market shortages on growth. Second, we test the hypothesis of …
Persistent link: https://www.econbiz.de/10013417455
We develop a classical macroeconomic model to examine the growth and distributional consequences of education. Contrary … to the received wisdom, we show that human capital accumulation is not necessarily growth-inducing and inequality …-reducing. Expansive education policies may foster growth and reduce earning inequalities between workers, but only by transferring income …
Persistent link: https://www.econbiz.de/10011596523
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investment is vital to achieve higher growth in market-led economies and public investment should play a complementary role …This paper evaluates the effect of shocks in government investment on private investment and national income, focusing … heterogeneous effect of public investment as regards to infrastructure. Hence, I divide government investment into infrastructure vs …
Persistent link: https://www.econbiz.de/10011422039
Persistent link: https://www.econbiz.de/10013407476
The paper investigates socially optimal patterns of economic growth and environmental quality in a neoclassical growth … in R&D. Thus, there will be a first stage of growth based only on the accumulation of capital with a decreasing … environmental quality until the moment that pollution is great enough to make profitable the investment in R&D. After this turning …
Persistent link: https://www.econbiz.de/10008840029
Whether China continues its current energy-intensive growth path or adopts a sustainable development prospect has … significant implication for energy and climate governance. Building on a Ramsey-Cass-Koopmans growth model incorporating the … mechanism of endogenous technological change and its interaction with fossil energy use and economic growth, this paper …
Persistent link: https://www.econbiz.de/10010459894
concludes that financing growth and investment out of foreign savings, while not impossible, is risky. …A surprisingly large number of countries have been able to finance a significant fraction of domestic investment using … investment was financed via private capital inflows. That said, foreign savings are not a good substitute for domestic savings …
Persistent link: https://www.econbiz.de/10011519098
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