Showing 1 - 10 of 1,064
Summary The rise of the East-German economy in the 1950s and 1960s and its decline in the 1970s and 1980s is difficult to explain by neoclassical economics. However; the observed life cycle may be explained by the inclusion of concepts from old and new institutional economics and from functional...
Persistent link: https://www.econbiz.de/10014608780
Cross-national data show no association between increases in human capital attributable to the rising educational attainment of the labor force and the rate of growth of output per worker. This implies that the association of educational capital growth with conventional measures of total factor...
Persistent link: https://www.econbiz.de/10015360302
at each level. Such upgrading entails large externalities to firms' transaction costs and returns to capital investment …
Persistent link: https://www.econbiz.de/10015361171
Zusammenfassung In dem Beitrag wird das in Deutschland beobachtbare Phänomen der im Vergleich zur Realvermögensbildung überproportionalen Geldvermögensbildung untersucht. Grundlage ist die Finanzierungsrechnung der Deutschen Bundesbank, die eine sektorale Analyse des...
Persistent link: https://www.econbiz.de/10014608799
tends to be long lasting and associated with significant effects on current accounts, wages and investment. Adjustment … leverage. The adjustment is generally achieved by reducing investment and increasing savings on the back of a falling wage …
Persistent link: https://www.econbiz.de/10014619288
Purpose – The principal aim of this research is to provide an in‐depth analysis of existing practices of corporate governance in mature markets and to compare and contrast these approaches with CG and CSR practices in emerging markets, given the growing influence of EMs on the global...
Persistent link: https://www.econbiz.de/10014695185
Purpose – The aim of this paper is to identify the importance of property sector investment in regional economic growth … in Greece. Design/methodology/approach – The paper uses regional accounts data, including investment and employment for … positive relationship between investment in real estate services and hotels and restaurants and regional growth. Also …
Persistent link: https://www.econbiz.de/10014898295
Reviews the economic development of Sub‐Saharan African countries and discusses investment potential and opportunities … assessing development and investment potential of this region, examines and compares economic development data pertaining to the …
Persistent link: https://www.econbiz.de/10014933804
need for credit for investment. Looks at the link between financial intermediation and economic growth for nine countries … linkages. Finds that financial structure variables explain income growth better than investment variables in five countries …
Persistent link: https://www.econbiz.de/10014940323
Purpose – The purpose of this paper is to evaluate the role of human capital technology spillovers across countries in converging their growth rates. Design/methodology/approach – This paper develops a closed form mathematical endogenous growth model and applies it to a small open economy...
Persistent link: https://www.econbiz.de/10014745373