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The role of human capital has so far not been well documented at the macroeconomic level. Many empirical studies lack a consistent theoretical foundation and there are measurement problems due to a very narrow concept of human capital focusing on formal education. Future empirical research...
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Openness appears to have a strong impact on economic growth especially in DCs, which typically exhibit a high share of physical capital in factor income and a low share of labor. In the neoclassical growth model with partial capital mobility, physical capital?s share in factor income determines...
Persistent link: https://www.econbiz.de/10010314079
We estimate changes in the productivity of schooling for six East Asian countries. Our productivity measure is based on changes in the relative price of schooling. A rising price of schooling relative to other labor-intensive service sectors should indicate declining relative schooling...
Persistent link: https://www.econbiz.de/10010314292
Der Wettbewerb auf dem Strommarkt in Deutschland und einigen anderen EU-Ländern lässt immer noch zu wünschen übrig …. Brüssel drängt heute vor allem Deutschland und Frankreich, mehr Wettbewerb zuzulassen. Deutschland öffnete den Strommarkt zwar …, wird von Deutschland nicht unterstützt. Dennoch bekommt die Entwicklung neuen Schwung: Nach der Bekanntgabe von Eon, die …
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