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This paper studies the dynamic interaction between human capital accumulation and economic growth. Capital market imperfections and an indivisibility in human capital investment prevent poor agents from accumulating skills, the acquisition of which positively affects technological progress. More...
Persistent link: https://www.econbiz.de/10009471632
R&D-based growth models with human capital accumulation reach a conclusion that long-run growth is unaffected by research activities and government policies and is only driven by preferences and human capital accumulation technology. Zeng (2003) shows that these results only hold when human...
Persistent link: https://www.econbiz.de/10009448814
companies in Thailand. The convergence-of-interest hypothesis asserts that firm value increases as management ownership rises …
Persistent link: https://www.econbiz.de/10009435008
Structural system identification methods are analytical techniques for reconciling test data with analytical models. The response data frequently used to compare a finite element model and test data are the eigenvalues of the system. However, eigenvalues alone cannot assure an adequate model....
Persistent link: https://www.econbiz.de/10009435739
Several studies have shown evidence of price convergence between countries in the European Union (EU) since the … the coefficient of variation. The results show little evidence of price convergence for non-residential construction for … either country group. This is shown to be in contrast with convergence that is evident in the prices of other product groups …
Persistent link: https://www.econbiz.de/10009441585
This paper proposes a pair-wise approach to testing for output convergence that considers all N(N-1)/2 possible pairs … of log per capita output gaps across N economies. A general probabilistic definition of output convergence is also … support output convergence and suggest that the findings of convergence clubs in the literature might be spurious. However …
Persistent link: https://www.econbiz.de/10009441996
tests for convergence amongst regions, providing forecasts for farm productivity growth to the year 2040. The results …
Persistent link: https://www.econbiz.de/10009442528
The paper starts from the critiques to the Barro-style methodology for convergence analysiswith the aim of reviewing … convergence inEurope that cannot be adequately captured by the non-spatial growth regression models thathave dominated the … research and policy debate in this field. Evidence for convergence andspatial dependence emerges especially when estimations …
Persistent link: https://www.econbiz.de/10009443748
, conditional and sigma convergence of GDP growth per capita in the farming field forthe brasilian states in the period of 1980 to … existence of sigma convergence. …
Persistent link: https://www.econbiz.de/10009443814
, Política Agraria Común, regiones europeas SUMMARY: In this paper, we intend to analyze the regional convergence of the … territorial inequalities within the European Union. For that purpose, we will analyze the evolution of inequality and convergence …. Empirical results provide evidence of the existence of absolute convergence among regional agricultural sectors. However, we …
Persistent link: https://www.econbiz.de/10009444094