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Based on the economic literature, various policy measures and institutions in the product and labor markets that increase growth and employment are studied. From a cross-country approach, this study finds a significant relationship between Vertical Fiscal Imbalances (VFIs) and fiscal performance...
Persistent link: https://www.econbiz.de/10011244125
can also be improvements of quality, productivity and dynamics of growth provoked by the release of new labour force. The …
Persistent link: https://www.econbiz.de/10009646659
This paper examines the macroeconomic impact of migration on income convergence in the EU's New Member States (NMS). The paper focuses on cross-border mobility of labor and examines the implications for policymakers with the help of a general equilibrium model. It finds that cross-border labor...
Persistent link: https://www.econbiz.de/10005825900
Labor productivity levels in Bulgaria lag well behind that in the EU, weighing on the convergence process. Stronger … productivity growth would allow Bulgaria to close the income gap with the EU average more quickly and to alleviate the structural … productivity suggest that for Bulgaria closing the gap with EU standards in the areas of institutional and infrastructure quality …
Persistent link: https://www.econbiz.de/10011242306
Samoa currently faces two important public policy challenges in the health sector. One is to stem, and then reverse, the rapid rise of non-communicable diseases (NCDs). The second challenge is to put the country on a health-financing path that is effective, efficient, and financially affordable...
Persistent link: https://www.econbiz.de/10010932945
theoretical and empirical perspectives on allocation of public resources to health vis-a-vis other sectors from the perspective of … reprioritization, one of the modalities for realizing fiscal space for health. Theory and cross-country empirical analyses do not … provide clear, cut explanations for the observed variations in government prioritization of health. Standard economic theory …
Persistent link: https://www.econbiz.de/10010754596
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 framework of endogenous growth and show that the steady …
Persistent link: https://www.econbiz.de/10005800880
The paper focuses particularly on proving that education can lead to economic growth within five groups of EU Member States. Our study reviews the human capital from its quantitative (years of study) and qualitative (education quality) dimensions, the empirical panel data analysis being based on...
Persistent link: https://www.econbiz.de/10010686913
Knowledge accumulation in the richer countries provides them with comparative advantages in higher productivity … products. The countries that import the higher productivity intermediate products and capital equipments produced in the richer … countries, however, derive benefits from knowledge spillovers. The empirical analysis in this paper shows that what type of …
Persistent link: https://www.econbiz.de/10009250506
Part of a larger research, this paper aims to point out several key elements of the productivity in the field of … paper starts with the framing in the context of the knowledge based economy and its requirements concerning scientific … approach on productivity. Customizations are made to educational services, followed by certain extensions of the issues …
Persistent link: https://www.econbiz.de/10010617446