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complementarity among ICT, human capital and organizational change. We find a strong support to the hypotheses of skill …. Our findings suggest that the productivity gains from investments in the three innovative activities are related to firm …
Persistent link: https://www.econbiz.de/10010328640
labor market ensures that the long-run unemployment rate is independent of the size of the capital stock, productivity, and … is meant to ensure that unemployment is not trended in response to growth in the capital stock, the labor force, or … productivity. …
Persistent link: https://www.econbiz.de/10010265548
labor market ensures that the long-run unemployment rate is independent of the size of the capital stock, productivity and … equilibrium process as well. By implication, policies that raise the growth path of capital or increase the effective working …
Persistent link: https://www.econbiz.de/10010281026
We examine the relationship between human capital and economic activity in U.S. metropolitan areas, extending the … area GDP per capita. Second, we develop measures of human capital that reflect the types of knowledge within U …
Persistent link: https://www.econbiz.de/10010283514
Sleep is a source of energy. This energy is available in limited quantity and individuals must decide when it should be renewed and when it should be consumed. The economics of sleeping and the economics of resource extraction are one and the same. More specifically, utility maximization with...
Persistent link: https://www.econbiz.de/10014306470
This paper explores the implications of Unified Growth Theory for the origins of existing differences in income per … capita across countries. The theory sheds light on three fundamental layers of comparative development. It identifies the … generated on the composition of human capital and economic development across the globe. …
Persistent link: https://www.econbiz.de/10010284035
This paper studies the productivity impact of heterogeneous capital inputs of selected EU-15 member countries and of … here is used to identify neutralities or non-neutralities between different heterogeneous capital and labor inputs. Owing … the remaining parameters. Due to the detailed data, specific types of biased technological change in heterogeneous capital …
Persistent link: https://www.econbiz.de/10010264965
MENA countries. To answer the question: whether either human capital or openness can be shown to cause productivity, we use …, of the level of human capital on the level of income but no effect on underlying productivity growth. Our preferred …This paper investigates the impact of openness to trade and higher levels of human capital on the economies of some …
Persistent link: https://www.econbiz.de/10010262187
conditions. The key components are different types of workers, distortions to capital accumulation, directed technical change …
Persistent link: https://www.econbiz.de/10010316866
Persistent link: https://www.econbiz.de/10010317724