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Market Size or Acceleration Effects; Comparing Hy pothese s to Explain Skill Biased Technical Change
Sanders, Mark - 2005
Skill-biased technical change has occupied empirical economists for much of the 90s. However, the empirical literature has not progressed much beyond observing a positive correlation between technology indicators and demand shifts. Two hypotheses on the root causes of skill biases in technical...
Persistent link: https://www.econbiz.de/10010261506
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Innovation and social capital: Across-country investigation
Doh, Soogwan; Ács, Zoltán J. - 2009
This study explores the impact of social capital on innovation by constructing a more general measure of social capital … that social capital has a positive impact on innovation at the national level. After controlling for R&D expenditure and … human capital there is a positive relationship between social capital and innovation. Social capital interacts with …
Persistent link: https://www.econbiz.de/10010271793
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Optimal Fiscal Policy in an Economy Facing Socio-Political Instability
Ghate, Chetan; Le, Quan Vu; Zak, Paul J. - 2002
We present a model of optimal government policy when policy choices may exacerbate socio-political instability (SPI). We show that optimal policy that takes into account SPI transforms a standard concave growth model into a model with both a poverty trap and endogenous growth. The resulting...
Persistent link: https://www.econbiz.de/10010260637
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Knowledge and growth in the very long run
Strulik, Holger - 2010
This paper proposes a theory for the gradual evolution of knowledge diffusion and growth over the very long run. A feedback mechanism between capital accumulation and the ease of knowledge diffusion explains a long epoch of (quasi-) stasis and an epoch of high growth linked by a gradual economic...
Persistent link: https://www.econbiz.de/10010289011
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Knowledge and growth in the very long run
Strulik, Holger - 2012
This paper proposes a theory for the gradual evolution of knowledge diffusion and growth over the very long run. A feedback mechanism between capital accumulation and the ease of knowledge diffusion explains a long epoch of (quasi-) stasis and an epoch of high growth linked by a gradual economic...
Persistent link: https://www.econbiz.de/10010311672
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Education, financial institutions, inflation and growth
Becchetti, Leonardo; Hasan, Iftekhar; Mavrotas, George - 2005
Our paper investigates the unexplored impact of education on inflation and of this relationship on economic growth. By … findings outline a third potential role of human capital on conditional convergence. They show that education is not only a … identifying three potential rationales for the education-inflation nexus: (i) education raises consumers’ awareness of their power …
Persistent link: https://www.econbiz.de/10010284682
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The importance of being mature: the effect of demographic maturation on global per-capita GDP
Gómez, Rafael; Hernández de Cos, Pablo - 2006
Given that savings behaviour and worker productivity have strong life-cycle components and given that demographic profiles vary across countries, population age structure should be linked to differences in levels of economic development. In this paper we measure the economic importance of age...
Persistent link: https://www.econbiz.de/10011604716
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The economics of international differences in educational achievement
Hanushek, Eric Alan; Woessmann, Ludger - 2010
An emerging economic literature over the past decade has made use of international tests of educational achievement to analyze the determinants and impacts of cognitive skills. The cross-country comparative approach provides a number of unique advantages over national studies: It can exploit...
Persistent link: https://www.econbiz.de/10010274183
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The economics of international differences in educational achievement
Hanushek, Eric Alan; Woessmann, Ludger - 2010
An emerging economic literature over the past decade has made use of international tests of educational achievement to analyze the determinants and impacts of cognitive skills. The cross-country comparative approach provides a number of unique advantages over national studies: It can exploit...
Persistent link: https://www.econbiz.de/10010274187
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Does education matter for economic growth?
Delgado, Michael S.; Henderson, Daniel J.; Parmeter, … - 2012
schooling databases. Contrary to a few recent papers that have identified significant nonlinearities between education and …
Persistent link: https://www.econbiz.de/10010291365