Narrow search
Showing 1 - 10 of 20,129
Cover Image
Economic growth and budgetary components: a panel assessment for the EU
Afonso, António; González Alegre, Juan - 2008
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
Cover Image
Knowledge Codification and Endogenous Growth
Schneider, Maik T. - 2007
The usual models of endogenous growth treat knowledge codification as a byproduct of R&D and as costless. In contrast to this, one can observe great efforts of private firms for the purposeful codification of knowledge. We incorporate costly knowledge codification in an overlapping generations...
Persistent link: https://www.econbiz.de/10011753129
Cover Image
Productive Government Expenditure and Economic Growth
Irmen, Andreas; Kühnel, Johanna - 2008
We provide a comprehensive survey of the recent literature on the link between productive government expenditure and economic growth. Starting with the seminal paper of Robert Barro (1990) we show that an understanding of the core results of the ensuing contributions can be gained from the study...
Persistent link: https://www.econbiz.de/10011422176
Cover Image
Education, Growth, and Redistribution in the Presence of Capital Flight
Chakrabarty, Debajyoti; Chanda, Areendam; Ghate, Chetan - 2006
We construct an overlapping generations model to study the effect of capital controls on human capital investments and the incidence of redistributive politics in a growing economy. We argue that the conventional wisdom linking higher capital controls to lower growth is reproduced only when an...
Persistent link: https://www.econbiz.de/10010263568
Cover Image
Growth Effects of Fiscal Policies - A Comparative Analysis in a Multi-Country Context
Brons, Martijn; de Groot, Henri L.F.M.; Nijkamp, Peter - 1999
The potential interactions among fiscal policies, investments and economicgrowth are complex and manifold.In this paper, we will perform a systematic comparative analysis of the variouseconomic insights that arecurrently available on these complex relationships, both theoretically (by aselective...
Persistent link: https://www.econbiz.de/10010324618
Cover Image
Optimal taxation of risky human capital
Jacobs, Bas; Schindler, Dirk; Yang, Hongyan - 2009
In a model with ex-ante homogenous households, earnings risk and a general earnings function, we derive the optimal linear labor tax rate and optimal linear education subsidies. The optimal income tax trades off social insurance against incentives to work and to invest in human capital....
Persistent link: https://www.econbiz.de/10010264542
Cover Image
Public Education and Growth in Developing Countries
Schuppert, Christiane; Wirz, Nadja - 2008
Human capital plays a key role in fostering technology adoption, the major source of economic growth in developing countries. Consequently, enhancing the level of human capital should be a matter of public concern. The present paper studies public education incentives in an environment in which...
Persistent link: https://www.econbiz.de/10010320988
Cover Image
Inventor mobility, knowledge diffusion, and growth
Koike-Mori, Yasutaka; Maruyama, Toshitaka; Okumura, Koki - 2024
This paper develops an endogenous growth model that incorporates a frictional inventor market and examines the allocation of inventors across firms, knowledge diffusion, and its impact on growth. In our model, inventors play dual roles: they engage in in-house R&D and transfer knowledge from...
Persistent link: https://www.econbiz.de/10015054238
Cover Image
Fiscal Policy and Educational Attainment in the United States : A Generational Accounting Perspective
Chojnicki, Xavier; Docquier, Frédéric - 2004
In this paper, we investigate the consequences of the rise in educational attainment on the US generational accounts. We build on the 1995 accounts of Gokhale et al. (1999) and disaggregate them per schooling level. We show that low skill newborns are characterized by a negative generational...
Persistent link: https://www.econbiz.de/10010261806
Cover Image
Jánossy elmélete az új növekedéselmélet tükrében
Tarján, Tamás - 2010
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