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If Janossy's theory should concisely be drafted, one might say that he had been researching the "real carrier of … economic development" in a very original way and having formulated his theory in a specific language. He managed to identify … growth theory that have appeared in the nineties. The "real carrier of economic development" matches to the "human capital …
Persistent link: https://www.econbiz.de/10010494419
It is widely recognised that public-sector purchasers tend to discriminate in favour of domestic suppliers. We study the consequences of home-biased public procurement on international specialisation. In the theoretical analysis we find two effects. First, a country will specialise in the sector...
Persistent link: https://www.econbiz.de/10010295571
Conventional R&D-based growth theory suggests that productivity growth is positively correlated with population size or … - are thus much better than predicted by conventional R&D-based growth theory. …
Persistent link: https://www.econbiz.de/10010352611
This paper presents a theoretical model to analyze the effects of technology change on growth rates of income and human capital in the uncertain environments of technology. The uncertainty comes from two sources; the possibility of a technology advance and the characteristics of new...
Persistent link: https://www.econbiz.de/10010507250
Conventional R&D-based growth theory suggests that productivity growth is positively correlated with population size or … - are thus much better than predicted by conventional R&D-based growth theory. …
Persistent link: https://www.econbiz.de/10010289001
I focus on the independent role of social innovation in economic progress. Modern theory of economic growth and …
Persistent link: https://www.econbiz.de/10014306472
In this paper we test whether a reallocation of government budget items can enhance long-term GDP growth in a set of European countries. We apply modern panel data techniques to the period 1970-2006, and we use three alternative dependent variables in a growth regression: economic growth, total...
Persistent link: https://www.econbiz.de/10011604894
We examine the contribution of human capital to economy-wide technological improvements through the two channels of innovation and imitation. We develop a theoretical model showing that skilled labor has a higher growth-enhancing effect closer to the technological frontier under the reasonable...
Persistent link: https://www.econbiz.de/10010292939
Knowledge triggers regional growth. Evidence suggests that skilled labour force concentrates in islands of innovation, determining an advantage for innovative regions and a challenge for lagging ones. We address the role of knowledge in shaping effective markets for skilled labour. Estimates are...
Persistent link: https://www.econbiz.de/10010326181
This paper seeks to identify relationships between human capital and cultural capital, in the context of local labour market productivity. The key constituents of human capital, identified in the literature, are jointly examined in a close-to-reality-model. The main advantage of our model of...
Persistent link: https://www.econbiz.de/10010326304