This paper shows how and why the Solow growth accounting framework is useful for linking entrepreneurship capital to economic growth. The knowledge filter impedes the spillover of knowledge for commercialization, thereby weakening the impact of knowledge investments on economic growth. By...

Educational investment is an engine of economic development in Eritrea and thus financing education is like a blood to human body; while this is widely accepted, little empirical research has been conducted on the topic. This paper analyses patterns of educational finances in secondary education...

We study the accumulation of human capital and the behavior of consumption and earnings in a life cycle equilibrium model with endogenous borrowing constraints. Constraints arise endogenously from the inalienability of human capital and the limited punishments that creditors are able to impose...

We sought to empirically model the augmented Solow-Swan (1956) growth model as documented by Mankiw, Romer and Weil (1992) by incorporating human capital as a factor of production. This was necessary in order to address the shortcomings of the basic Solow-Swan (1956) growth model. Under the...

We sought to empirically model the augmented Solow-Swan (1956) growth model as documented by Mankiw, Romer and Weil (1992) by incorporating human capital as a factor of production. This was necessary in order to address the shortcomings of the basic Solow-Swan (1956) growth model. Under the...

While developing countries have made some progress in achieving human development since the turn of the century, many are still lagging behind in important human development goals such as education, health, nutrition and access to clean drinking water and improved sanitation. Moreover, gender...

This article presents new international estimates of human capital for the period 1970–2003. The new latent index is used to re-examine the Benhabib and Spiegel (2005) model of technology diffusion in a horse-race with the competing indicators of Barro and Lee (2010) and Hanushek and Wößmann...

The analysis of manufacturing productivity Moroccan (18 industries) over a decade (1987-96) in relation to foreign direct investment has yielded the following results: Foreign firms are more productive, give very high wages and export more than their Moroccan counterparts. This research shows...

This paper examines and applies the theoretical foundation of the decomposition of economic and productivity growth to the thirty provinces in China's post-reform economy. The four attributes of economic growth are input growth, adjusted scale effect, technical progress, and efficiency growth. A...

Using unique, district-level, economic growth data, I investigate the connection between banking sector development, human capital, and economic growth in Indian districts. Disaggregate data helps avoid many of the omitted variable problems that plague similar cross-country studies. The data...