Showing 1 - 10 of 17
This paper analyses the growth effects of high levels of human capital at the industry level. By favouring technology adoption, human-capital-intensive industries grow faster compared to less human-capital-intensive industries in economies that have higher levels of human capital. Using data for...
Persistent link: https://www.econbiz.de/10005037595
Using data for 51 manufacturing and service sector for the period 1970-2005 in 14 countries, this paper show that employment protection legislation has a negative and significant effect on growth of value added and hours of work in more human capital intensive sectors. We argue that labour...
Persistent link: https://www.econbiz.de/10008777129
This paper presents a theoretical and empirical investigation of the relationship between human capital composition and economic growth and points to the importance of tertiary education in the explanation of growth for developing countries. In the theoretical analysis, we allow for non-constant...
Persistent link: https://www.econbiz.de/10011277147
The aim of this paper is to assess the role played by creativity and other components of human capital on the process of economic growth for 257 regions in the 27 member countries of the European Union. We first decompose the regional human capital endowment to distinguish between the...
Persistent link: https://www.econbiz.de/10009492768
The purpose of this paper is to analyse the effect of various proximity dimensions on the innovative capacity of 276 regions in Europe within a knowledge production function model, where R&D and human capital are included as the main internal inputs. We combine the standard geographical...
Persistent link: https://www.econbiz.de/10009368891
Regional competitiveness, especially in the industrialised countries, is increasingly reliant on the availability of an adequate endowment of knowledge assets at the local level, like technological and human capital. These intangible factors enhance regional efficiency directly as inputs of the...
Persistent link: https://www.econbiz.de/10010757671
In the last decade there has been an upsurge of studies on international comparisons of Total Factor Productivity (TFP). The empirical evidence suggests that countries and regions differ not only in traditional factor endowments (labour and physical capital) but mainly in productivity and...
Persistent link: https://www.econbiz.de/10005049479
This paper adopts a fixed-effect panel methodology that enables us to take into account both TFP and neoclassical convergence. We use a sample of 76 countries, 1960-2003 and estimate TFP values obtained by using different estimators such as LSDV, Kiviet-corrected LSDV, and GMM à la Arellano and...
Persistent link: https://www.econbiz.de/10005049504
Employing a large data set of manufacturing firms the paper tries to assess the impact of information and communication technology (ICT) on productivity growth in Italy and to investigate the differences in ICT adoption between North and South of the country. Not all firms invest in ICT and...
Persistent link: https://www.econbiz.de/10005049513
The paper studies a two-sector economy with investments in human and physical capital and imperfect labor markets. Workers and firms endogenously select (paying a fixed cost) the sector they are active in, and choose the amount of their investments. The economy is characterized by pecuniary...
Persistent link: https://www.econbiz.de/10005037582