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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...
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Conventional R&D-based growth theory suggests that productivity growth is positively correlated with population size or population growth, an implication which is hard to see in the data. Here we integrate micro-founded fertility and schooling into an otherwise standard R&D-based growth model....
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This paper surveys the empirical and theoretical link between education and growth in the growth process of Asian countries. Particular attention is paid to the link between education and productivity, and to models that characterize key features of growth processes of Asian countries. Empirical...
Persistent link: https://www.econbiz.de/10008826308
This paper examines levels of educational attainment in Indonesia, Malaysia, Philippines, Singapore, Thailand, and Vietnam for the period 1970-2030 through the reconstruction and projection of levels of educational attainment. While the study of the past shows that the determination to invest in...
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