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A comparative-static model describes the decline of manufacturing in the face of rising overseas employment through a mechanism other than the Dutch Disease. Instead it is competition for skilled labour and the relative ease in producing skills that affect the size of the manufacturing sector,...
Persistent link: https://www.econbiz.de/10009718068
Social capital is a broad term containing the social networks and norms that generate shared understandings, trust and reciprocity, which underpin cooperation and collective action for mutual benefits, and creates the base for economic prosperity. This study deals with the formation of social...
Persistent link: https://www.econbiz.de/10013074600
A growth model with endogenous innovation and accumulation of high-tech and low-tech human capital is developed. The model accounts for a recently established fact about human capital composition, which stated that the richest countries are investing proportionally less than middle income...
Persistent link: https://www.econbiz.de/10012734433
In this study, an economic growth model that includes both developed and less-developed regions was constructed and the relationships between the interregional migration of human capital, regional economic disparities and aggregate economic growth were investigated. In the two regions, human...
Persistent link: https://www.econbiz.de/10012992858
This paper advances a novel hypothesis regarding the historical roots of labor emancipation. It argues that the decline of coercive labor institutions in the industrial phase of development has been an inevitable by-product of the intensification of capital-skill complementarity in the...
Persistent link: https://www.econbiz.de/10011624571
This paper advances a novel hypothesis regarding the historical roots of labor emancipation. It argues that the decline of coercive labor institutions in the industrial phase of development has been an inevitable by-product of the intensification of capital-skill complementarity in the...
Persistent link: https://www.econbiz.de/10011638304
This paper examines how relative factor endowments and population growth rates affect growth rates in less developed countries. To answer these questions an extension of the Uzawa-Lucas endogenous growth model is used. The paper proves the existence and uniqueness and of the modified model and...
Persistent link: https://www.econbiz.de/10014029131
In last few years, the problem of food safety is becoming bigger while consumers' awareness regarding social responsibility in production, distribution and consumption of food is growing. The main goal for food enterprises is to provide food traceability. This paper focus on traceability systems...
Persistent link: https://www.econbiz.de/10012908242
A comparative-static model describes the decline of manufacturing in the face of rising overseas employment through a mechanism other than the Dutch Disease. Instead it is competition for skilled labour and the relative ease in producing skills that affect the size of the manufacturing sector,...
Persistent link: https://www.econbiz.de/10010333559
This paper studies a model of the distribution of income under bounded needs. Utility derived from any given good reaches a bliss point at a finite consumption level of that good. On the other hand, introducing new varieties always increases utility. It is assumed that each variety is owned by a...
Persistent link: https://www.econbiz.de/10010262477