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Institutions, Human Capital and Development
Acemoglu, Daron; Gallego, Francisco A.; Robinson, James A. - 2014
In this paper we revisit the relationship between institutions, human capital and development. We argue that empirical models that treat institutions and human capital as exogenous are misspecified both because of the usual omitted variable bias problems and because of differential measurement...
Persistent link: https://www.econbiz.de/10013059292
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Wealth
Hamilton, Kirk; Hepburn, Cameron - In: Oxford review of economic policy 30 (2014) 1, pp. 1-20
Persistent link: https://www.econbiz.de/10010466872
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A brief introduction to human capital measures
Liu, Gang; Fraumeni, Barbara M. - 2020
the World Bank (Lange et al., 2018) and by the United Nations Environmental Program and the Urban Institute of Kyushu … the University of Washington (Lim et al., 2018), the United Nations Development Programme (UNDP, 2019), the World Bank … (International Bank for Reconstruction and Development and the World Bank, 2018), and the World Economic Forum (World Economic Forum …
Persistent link: https://www.econbiz.de/10012253374
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The role of total factor productivity growth in middle-income countries
Kim, Jungsuk; Park, Jungsoo - 2017
We examine the importance of total factor productivity (TFP) growth in middle-income countries based on cross-country panel data for the period 1975-2014. We find that TFP growth contributed significantly to a country’s upward transition from middle-income to high-income country group. The TFP...
Persistent link: https://www.econbiz.de/10011754850
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Impact of stability on economic growth : a case study from the financial market
Nguyen Hong Thu; Nguyen Van Chien - In: Banking resilience and global financial stability, (pp. 79-95). 2024
Persistent link: https://www.econbiz.de/10015070398
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Growth miracles and failures in a Markov switching classification model of growth
Kerekes, Monika - 2009
Acknowledging the fact that the growth experience of countries is seldom well described by the average growth rate, this paper aims at identifying countries that are similar in terms of their growth process, thus emphasizing the dynamics of growth rates. To that end, the growth experience of...
Persistent link: https://www.econbiz.de/10003876023
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Test scores and economic growth: update and extension
Heller-Sahlgren, Gabriel; Jordahl, Henrik - 2021
Research indicates that education quality - measured by test scores in international student surveys - predicts economic growth. In this paper, we extend previous findings up to 2016 and analyse test scores of upper-secondary school students only. We find that the positive relationship between...
Persistent link: https://www.econbiz.de/10012660128
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Human Capital Growth - with Region and Gender in Perspective
Liu, Gang; Fraumeni, Barbara M.; Managi, Shunsuke - National Bureau of Economic Research - 2022
also by income, since apparently, human capital in the world is not evenly distributed across different regions or …
Persistent link: https://www.econbiz.de/10013210063
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US Foreign Affiliates, Technology Diffusion and Host Country Human Development : Human Development Index versus Human Capital
Elmawazini, Khaled - 2016
In this study, we use a cross-sectionally correlated and timewise autoregressive model and panel data for the period 1966-2000 to investigate human development as a measure of host country absorptive capacity in 30 developed and developing countries. The results suggest that technology diffusion...
Persistent link: https://www.econbiz.de/10012999171
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How Important are Capital and Total Factor Productivity for Economic Growth?
Baier, Scott L.; Dwyer, Gerald P.; Tamura, Robert - 2014
countries. For all countries, only 3 percent of average output growth per worker is associated with TFP growth. This world …
Persistent link: https://www.econbiz.de/10014048894