Showing 1 - 10 of 11,920
We set up a unified growth model with gender-specific differences in tastes for consumption, fertility, education of … developed countries, we assume that mothers desire to have no more children than fathers and to invest no less in education per … education, and sluggish economic growth towards a state of low fertility, high education, and fast economic growth if the child …
Persistent link: https://www.econbiz.de/10010408491
We set up a unified growth model with gender-specific differences in tastes for consumption, fertility, education of … developed countries, we assume that mothers desire to have no more children than fathers and to invest no less in education per … education, and sluggish economic growth towards a state of low fertility, high education, and fast economic growth if the child …
Persistent link: https://www.econbiz.de/10010409462
We develop a general equilibrium overlapping generations model which is based on the view that education makes workers … increase productivity. One important implication of the model is that the enrolment rate to education has a negative effect on … relationship between education and economic growth that has been found in the empirical macroeconomic literature. Conversely, for a …
Persistent link: https://www.econbiz.de/10010529431
We develop a general equilibrium overlapping generations model which is based on the view that education makes workers … increase productivity. One important implication of the model is that the enrolment rate to education has a negative effect on … relationship between education and economic growth that has been found in the empirical macroeconomic literature. Conversely, for a …
Persistent link: https://www.econbiz.de/10011288208
This article studies the impact of education and fertility in structural transformation and growth. In the model there … dimensions, it may or may not allow child labor and it subsidizes education expenditures. The model is calibrated to South Korea … important in explaining its stagnation (growth) after 1980. We also analyze how different government policies towards education …
Persistent link: https://www.econbiz.de/10010951614
This study empirically examined the interrelationship between the construction sector, oil prices, and the actual gross domestic product (GDP) in Nigeria. Using annual economic data from the National Bureau of Statistics (NBS), the OPEC Annual Statistical Bulletin, and econometric statistics, we...
Persistent link: https://www.econbiz.de/10011853566
This paper analyzes the effects of structural change on the rates of growth of wages, employment and per-capita income in low-income countries, their dualistic structure shown by a Lewis-type two-sector model. Structural change is measured by the varying shares of sectoral employment in total...
Persistent link: https://www.econbiz.de/10011947821
The paper analyzes the comparative effects of alternative health financing mechanisms on economic growth within a two-sector model with human capital. The transitional growth effects of a social insurance system are stronger than those of an out-of-pocket payment system. A private health...
Persistent link: https://www.econbiz.de/10011950796
Schumpeterian development is characterised by the simultaneous interplay of growth and qualitative transformations of the economic system. At the sectoral level, such qualitative transformations become manifest as variations in the sectoral composition of production. Following the implementation...
Persistent link: https://www.econbiz.de/10011494555
This paper analyzes the structural change implications of consumer credit expansions in a dual-sector open economy growth model. Policy-induced increases in banks' willingness and ability to lend result in new consumer lending, boosting consumption demand and average wages in the nontradable...
Persistent link: https://www.econbiz.de/10012603873