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Globally, investments in physical and human capital have been identified to foster real economic growth and development … in any economy. Investments, which could be domestic or foreign, have been established in the literature as either … complements or substitutes in varying scenarios. While domestic investments bring about endogenous growth processes, foreign …
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and one important determinant of growth is investments in physical capital. This in turn is correlated with FDI, which is …
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Wage and productivity effects of training are compared to study how the training rent is shared between employers and employees. With panel data from 1996-2002, I analyse the impact of continuing training on wages and productivity in a Cobb-Douglas production framework. Using system GMM...
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Latin American and Caribbean countries have historically been known for their rates of land inequality, highest in the world. However, these countries also exhibit a high degree of heterogeneity in their patterns of land concentration and average farm sizes. These cross-country differences play...
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Establishment Panel from the Institute for Employment Research. The major results are: productivity and investments are positively …
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