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This paper investigates how ICT capital and usage affects economic growth which is currently received considerable attention in the information society and its potential impacts on the economic growth. A sample of MENA and OECD countries including developing, emerging, and developed countries is...
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This paper investigates whether the diffusion of tangible IT and CT capital and intangible capital asset types has an impact on labour demand growth and the share of labour income in total income at the industry and country level. The econometric analysis is derived from a Cobb-Douglas...
Persistent link: https://www.econbiz.de/10013274244
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thereby fosters economic growth. We apply a structural estimation approach to fully track the endogenous mechanisms of the …
Persistent link: https://www.econbiz.de/10003299332
Estimates of the effect of education on GDP (the social return) have been hard to reconcile with micro evidence on the private return to schooling. We present a simple explanation combining two ideas: imperfect substitution and endogenous skill-biased technological progress and use cross-country...
Persistent link: https://www.econbiz.de/10011325967
This paper analyzes the effects of economic growth on labor earnings in Bolivia during 1999-2012. More precisely, we develop a labor market model to capture both cycle and trend effects of prices, and production on earnings, which is estimated econometrically using pseudo-panel data methods. The...
Persistent link: https://www.econbiz.de/10011333626
When types of workers are imperfect substitutes, the Mincerian rate of return to human capital is negatively related to the supply of human capital. We work out a simple model for the joint evolution of output and wage dispersion. We estimate this model using cross-country panel data on GDP and...
Persistent link: https://www.econbiz.de/10011408972
The Republic of South Africa faces the imperative of escaping economic stagnation. This paper seeks to synthesize results from a series of research efforts, including but not limited to the work conducted under the UNU-WIDER project on 'Regional growth and development in Southern Africa', and...
Persistent link: https://www.econbiz.de/10011775912