Showing 1 - 10 of 12,359
Theil’s inequality index is used to measure convergence in 14 Organization for Economic Cooperation and Development … the 14 OECD countries. However, the inequality in per capita government expenditure has no effect on the G-7 equilibrium …
Persistent link: https://www.econbiz.de/10005802724
Abstract: The first challenge for economic growth theory is to understand the transition from stagnation to growth at the time of the Industrial Revolution and in particular to identify the main factor(s) that triggered the take-off. Doing so also helps to understand why there are poor and rich...
Persistent link: https://www.econbiz.de/10010961076
We examine the relationship between different dimensions of the political regime in place and human capital using a two-step structural equation model. In the first step, we employ factor analysis on 16 human capital indicators to construct two new human capital measures (basic and advanced...
Persistent link: https://www.econbiz.de/10010848479
The main goal of this paper is to estimate the level and distribution of human capital (HC) in Tehran province, Iran. In doing this we have first reviewed theoretical and empirical literature of human capital. And then we used Dogum Method for estimation of level and distribution of households'...
Persistent link: https://www.econbiz.de/10010699245
This paper studies the possibility of human development convergence in the world from 1975 through 2005. Human … development is measured by the Human Development Index (HDI) trend, and convergence across countries is tested for by the panel … convergence. …
Persistent link: https://www.econbiz.de/10009352597
In this paper, we use sixteen financial indices from the World Bank’s Financial Development and Structure database, to classify the OECD countries, according to their financial system structure, in five relatively homogenous clusters for the 1996-2005 period. We also examine the changes in...
Persistent link: https://www.econbiz.de/10009415597
real and nominal convergence remains largely incomplete, which requires a substantial strengthening of alternative …, euro adoption should speed up the convergence process. This Working Paper relates to the 2010 OECD Economic Survey of …'autant plus cruciales à l'approche de l'adoption de la monnaie unique que le processus de convergence réelle et nominale reste …
Persistent link: https://www.econbiz.de/10008461039
Persistent link: https://www.econbiz.de/10005711782
This paper examines conditional convergence of OECD countries in gross domestic product (GDP) and health care … economic growth and the speed of convergence. The speed of convergence is found to be sensitive to whether one imposes a … constant or estimate the depreciation and technological growth components. With no restrictions imposed the convergence rate is …
Persistent link: https://www.econbiz.de/10005190886
This paper evaluates whether there has been any convergence in government expenditures. The results obtained, by means … of the Tukey box-plot, sigma-convergence and conditional beta-convergence, reveal that there is a growing fiscal … competition to attract FDI. In contrast, there is no evidence of convergence in non-productive government expenditures. …
Persistent link: https://www.econbiz.de/10005427417