physical capital to study the interaction of international capital flows and growth. Analytically, we study conditions under … long-term growth via the accumulation of human capital. Our mechanism shows how a small initial difference in the level of …

We set up an endogenous growth model in which the efficiency of both capital and fossil energy can be improved, whereas … states: one stagnant where energy is fully derived from the alternative energy source, and one with balanced growth where …

This paper develops a new open-economy endogenous growth model where technology diffusion allows for a stable and non … social infrastructure, the degree of openness, the investment rate, population growth, the level of human capital, or growth …. Club convergence in growth rates can be traced back to a country's openness and to a minimum required level of human …

variability in income levels and their growth rates. We review estimates for a wide range of policy variables. In many cases, the … magnitude of the estimates is under debate. Estimates found by running cross-sectional growth regressions are sensitive to which …

industrialization and, thereby, their take-off to a state of sustained economic growth. The theory contributes to the understanding of …

pollution intensity. Countries' growth rates are determined endogenously, and abatement efficiency is improved by technical …

We develop a classical macroeconomic model to examine the growth and distributional consequences of education. Contrary … to the received wisdom, we show that human capital accumulation is not necessarily growth-inducing and inequality …-reducing. Expansive education policies may foster growth and reduce earning inequalities between workers, but only by transferring income …

We use an overlapping generations model of human capital accumulation to study the impact of the AIDS crises on growth … in countries like Zambia and Botswana, growth rates of per capita income drop about 30-40%. Moreover, the growth rate …