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We present a class of dynamic general-equilibrium models of education, innovation and technology transfer to explain …. Innovation and human-capital accumulation appear as in-line engines of scale-invariant endogenous growth. Industries evolve … according to stochastic processes of innovation, imitation and technology adaption in the global economy. …
Persistent link: https://www.econbiz.de/10011295685
of industrialization. U.S. income and educational time series data are used to corroborate the innovation-education … innovation drive income expansion. Funke and Strulik [2000]. On endogenous growth with physical capital, human capital and … phases, characterized in a temporal order by physical capital accumulation, human capital formation, and innovation, and that …
Persistent link: https://www.econbiz.de/10013040130
period, first the post-World War baby boom and then the substantial increase in education led to higher economic growth than … otherwise expected. As the pace of increase in education slowed and the workforce aged toward the end of the period, human …
Persistent link: https://www.econbiz.de/10012213777
. Educational outcomes could be improved through raising the attractiveness of the teacher profession, improving teacher education …
Persistent link: https://www.econbiz.de/10011399516
nation’s potential output. Boosting employment prospects is also critical, as the country will soon be ageing at a fast pace …. Despite long working hours, labour utilisation is only average due to structurally low employment rates, particularly at both … ends of the age spectrum, with some marked regional differences. The female employment rate is especially low, in part due …
Persistent link: https://www.econbiz.de/10010375396
This paper utilizes a large cross-section of data sets such as the ILOSTAT, NSSO Quinquennial Employment and … Unemployment Survey, Labour Bureau Annual Employment and Unemployment Survey, National Family Health Survey and CMIE Consumer … trend, it aims to look at it particularly in conjunction with education and provide a commentary on the same. It is proposed …
Persistent link: https://www.econbiz.de/10011948316
most countries, so that agriculture is still the dominant sector of employment for most young men and women. We model …-level characteristics, including marital status, presence of children and wealth. Attaining a high level of education is unsurprisingly …
Persistent link: https://www.econbiz.de/10011896648
acceleration in per capita GDP reflects an acceleration in employment rate growth, not in productivity growth. The main policy …-friendly industrial and tax policies; stick to free or low-cost secondary and post-secondary education; and ensure aggregate supply can …
Persistent link: https://www.econbiz.de/10005518962
The role of education is crucial in process of economic development. Initially, investments in training and education …, engineers, and professionals are made through advanced levels of education. The accumulation of sophisticated types of human … capital is a major factor in creating the research and innovation infrastructure of a mature economy. Looking at the research …
Persistent link: https://www.econbiz.de/10010838312
high levels of growth but very low levels of female schooling, and that deleting the female education variable would cast … doubt on the statistical significance of the male education variable. Deletion diagnostics and partial scatter plots are … sample and deleting female education from their growth equations is then examined. The results obtained point to the fragile …
Persistent link: https://www.econbiz.de/10014184328