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Der vorliegende Aufsatz untersucht die Ursachen von Finanzmarktkrisen anhand entsprechender Vorkommnisse in Thailand …This present paper studies the reasons for financial market crises on the background of recent examples of Thailand … crises. We have calculated the indicators for the cases of Thailand, Mexico and the Czech Republic. …
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Aggregate labor productivity (ALP) growth - i.e., growth of output per unit of labor - may be decomposed into additive contributions due to within-sector productivity growth effect, dynamic structural reallocation effect (Baumol effect), and static structural reallocation effect (Denison effect)...
Persistent link: https://www.econbiz.de/10011421209
We reconsider some analytical arguments on the double dividend, focusing on the small open developing economy case. Compared with the large, mature industrial economies usually considered, such economies differ in several respects, including the structure of tax revenues, commodity pricing and...
Persistent link: https://www.econbiz.de/10011608651
We compare changes in schooling output and in schooling input of six East Asian countries to derive a measure of productivity change. Our results question the impression that all is well with education in East Asia. First, we find that the cognitive achievement of pupils did not change...
Persistent link: https://www.econbiz.de/10010265436
We estimate changes in the productivity of schooling for six East Asian countries. Our productivity measure is based on changes in the relative price of schooling. A rising price of schooling relative to other labor-intensive service sectors should indicate declining relative schooling...
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