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The problem of the relevance of human and natural capital, as well as the potential adverse effect of natural capital on economic growth, has gained increased attention in development economics. The aim of this paper is to assess, theoretically and empirically, the relevance of several forms of...
Persistent link: https://www.econbiz.de/10011613294
of education, inequality, and (natural) resources. We highlight two contrasting effects of education and human capital … accumulation. On the one side, education prompts economic growth and enriches the budget of the autocratic elite. On the other side …, education increases the "awareness" of citizens - capturing their reluctance to accept a dictatorship and their labor …
Persistent link: https://www.econbiz.de/10011587539
Sustainable resource consumption is important for the development of the financial system. Besides, an advanced financial system eases the transfer of revenues from production activities and export to productive investments. The influence of natural resource (NR) abundance on financial...
Persistent link: https://www.econbiz.de/10013173805
Persistent link: https://www.econbiz.de/10012425132
We study the effect of the upsurge of natural resources income from the commodity price boom of the 2000s on the functional distribution of income. To do so, we build a general equilibrium model of Dutch disease that characterizes how natural resource windfalls affect equilibrium factor shares....
Persistent link: https://www.econbiz.de/10012596218
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Persistent link: https://www.econbiz.de/10011964667
increase the likelihood of students completing primary and secondary education. Students reaching high school are also more … become more road-accessible. However, the likelihood of students pursuing higher education decreases as they face steeper …
Persistent link: https://www.econbiz.de/10014496000
The aim of this paper is to study the long-run effects of a longevity increase on individual decisions about education …
Persistent link: https://www.econbiz.de/10010528342
invest in their children’s education. In this paper, I describe a study undertaken to gauge the impact of microcredit … availability on education expenditures for children of clients of a South Indian microfinance institution. I first look at some … determinants of the demand for education and then go on to consider what we know about how microcredit affects this demand. I find …
Persistent link: https://www.econbiz.de/10011848456