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educational improvements are expected to play as a driver of future income convergence in Europe. We concentrate on income … convergence dynamics between emerging economies in Central and Eastern Europe and Western European countries during the next 50 … exercise shows that the returns to investing in education in terms of income convergence in Europe could be sizeable, although …
Persistent link: https://www.econbiz.de/10010556955
educational improvements are expected to play as a driver of future income convergence in Europe. We concentrate on income … convergence dynamics between emerging economies in Central and Eastern Europe and Western European countries during the next 50 … exercise shows that the returns to education in terms of income convergence in Europe could be sizeable, although it may take …
Persistent link: https://www.econbiz.de/10011040292
Higher education is in the position to save Europe by rendering a substantial contribution to sustainable economic …
Persistent link: https://www.econbiz.de/10010556213
This paper analyses inclusive growth that focuses on the creation of opportunities for all. Inclusive growth allows people to contribute to and benefit from economic growth, while pro-poor growth approaches focusing on welfare of the poor only to reduce inequality. Recently, economics literature...
Persistent link: https://www.econbiz.de/10011271694
It is widely argued that declining fertility slows the pace of economic growth in industrialized countries through its negative effect on labor supply. There are, however, theoretical arguments suggesting that the effect of falling fertility on effective labor supply can be offset by associated...
Persistent link: https://www.econbiz.de/10011279243
This paper provides new empirical evidence concerning the relationship between human capital (measured by education and health related variables) and economic growth for a large sample of 49 African countries over the period from 1996 to 2010. Using traditional cross-section and dynamic panel...
Persistent link: https://www.econbiz.de/10011263117
Using a new data set for human capital/adult, I show that changes in human capital cause economic growth in 56 countries over the 1985 to 2005 period. I show that these results are superior to results using average schooling attainment.
Persistent link: https://www.econbiz.de/10010762761
This paper examines the impact of education on economic growth in Greece over the period 1981 – 2009 by applying the model with two sectors introduced by Lucas (1988). The findings of the empirical analysis reveal that there is no long-run relation between educational stock and output. In the...
Persistent link: https://www.econbiz.de/10010740598
It is widely argued that declining fertility slows the pace of economic growth in industrialized countries through its negative effect on labor supply. There are, however, theoretical arguments suggesting that the effect of falling fertility on effective labor supply can be offset by associated...
Persistent link: https://www.econbiz.de/10010664629
In the last decade there has been an upsurge of studies on international comparisons of Total Factor Productivity (TFP). The empirical evidence suggests that countries and regions differ not only in traditional factor endowments (labour and physical capital) but mainly in productivity and...
Persistent link: https://www.econbiz.de/10005049479