's investments drive earnings growth and, hence, market value of equity. Technologies develop and flourish or die out through the … equity; (2) developing aggregate measures of technological innovation conditions that are relevant for estimating future …The objective of this study is to provide evidence on how technological innovation conditions underlying the firm …

analysis is to investigate the importance of health, education, and infrastructure indicators for income growth. The second … health. Only the higher education of poor urban households seems to have affected prospects for growing out of poverty, and …This paper uses three waves of panel surveys at the household level to study growth and poverty in Albania over the …

public education and imperfect annuity markets, a decline in mortality affects growth through three channels. First, it …This paper examines the impact of declines in adult mortality on growth in an overlapping generations model. With … bequests, lowers investment, and thereby lowers the rate of physical capital accumulation. Third, it may lead the median voter …

of atypically rapid growth of total factor productivity (TFP) relative to levels in OECD countries, and that the rise in …The Slovenian transition represents a slow but steady liberalization of constraints on competition. Using a unique … longitudinal data set on all manufacturing firms in Slovenia over the period 1994-2001, this study analyzes how firm efficiency …

) quality, ii) efficiency, and iii) ownership.i) Quality of health care is the most important good of the health production … of competition on quality of care.ii) The health economy also merits attention because of its sheer size e.g. with …In this research we will focus on three topics which we think are particularly relevant for hospital competition: i …

productivity after going private, there is little evidence of difference-in-differences efficiency gains relative to peer groups of … firms to be myopic in a way that impacts efficiency, then going private (when myopia is eliminated) should cause U.S. firms … to improve their establishment level productivity relative to a peer control groups of firms. We find no evidence that …

The labour productivity differentials between manufacturing firms in Ghana and South Korea exceed those implied by … and South Korea. There is no significant difference in total factor productivity across the countries once we allow for … human capital. Our results are consistent with those who have argued that rises in the return to education within developed …

policy should include economic stabilization, distributional equity, broad social goals such as income security, education …, and universal health care, and the management of economic growth. There is an increasing recognition that the achievement …-faire leads to increasing intra- and international inequality as well as increasing environmental destruction. To some extent the …