growth" theory both regard investment—broadly defined to include purchases of tangible assets, human capital expenditures …. Most notably, the neoclassical framework focuses on diminishing and internal returns to aggregate capital, while new growth … models emphasize constant returns to capital that may yield external benefits. This article finds that despite their …

capital formation. The Bush Administration, for example, proposed lowering the capital gains tax rate. The Clinton … that this subpar growth is due in part to deficient capital formation.> Chirinko and Morris present a framework for … examining fiscal policies aimed at spurring capital formation and highlight the conditions for their success. First, they show …

The economic migration of people has lagged substantially behind that of capital and trade. That's largely because …

The authors examine the relative importance of the growth of physical and human capital and the growth of total factor …

Purpose – The purpose of this paper is to establish a historical context for the often maligned capital theory of Henry … rapid technological and institutional change provide a framework for detailed re-examination of the capital theories of Rae … presented capital theories, defined as explanations of the supply of and demand for capital resulting in a determinate capital …

Social capital is a topical concept in economic development. The idea is that differential economic success can be … explained in terms of differences in various social variables that are called social capital. My criticism is that this … included in social capital are not well defined, and it is not spelled out why and how these variables affect production. …