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In the present world, change has become a necessity for any organization. This change may be the consequence of evolution of technology, market needs or users behaviour as well as, of course,environment (legal, geopolitical,climatic,cultural and so on); it imposes innovations into numerous...
Persistent link: https://www.econbiz.de/10005787002
This article contributes to the growth literature by developing a formal growth model that provides the basis for studying institutions and technological innovation and examining how human capital and institutional constraints affect the transitional and steady state growth rates of output. The...
Persistent link: https://www.econbiz.de/10005787003
This paper examines the use of specifications based on the endogenous and exogenous growth models for country specific growth policies. It is suggested that time series models based on the Solow (1956) exogenous growth model are useful and they can also be extended to capture the permanent...
Persistent link: https://www.econbiz.de/10005787109
The paper investigates the role of human capital for migrants' ethnic ties towards their home and host countries. Pre-migration characteristics dominate ethnic self-identification. Human capital acquired in the host country does not affect the attachment to the receiving country.
Persistent link: https://www.econbiz.de/10005788905
education, gained the comparative advantage and incentive to enter skilled occupations during the vast urbanization in the newly … merchants the Jews invested even more in education - a pre-condition for the extensive mailing network and common court system … religious norm regarding education, and hence, voluntarily converted, exactly as it had happened centuries earlier. …
Persistent link: https://www.econbiz.de/10005788962
Traditionally, economists have been concerned over factors that improve economic growth, initially introducing physical capital and later human capital. We will consider a new factor, social capital. Also, we will introduce in this paper the effect of the fiscal policy on economic growth. In...
Persistent link: https://www.econbiz.de/10005754502
There is a startling gap between, allegedly, globalization-induced changes in international competition for foreign direct investment (FDI) and recent empirical evidence on the relative importance of determinants of FDI in developing countries. We show that surprisingly little has changed since...
Persistent link: https://www.econbiz.de/10005755252
We develop a product market theory that explains why firms provide their workers with skills that are sufficiently general to be potentially useful for competitors. We consider a model where firms first decide whether to invest in industry-specific human capital, then make wage offers for each...
Persistent link: https://www.econbiz.de/10005756589
We develop a product market theory that explains why firms invest in general training of their workers. We consider a model where firms first decide whether to invest in general human capital, then make wage offers for each others’ trained employees and finally engage in imperfect product...
Persistent link: https://www.econbiz.de/10005756600
We examine how globalization affects firms incentives to train workers. In our model, firms invest in productivity-enhancing worker training before Cournot competition takes place. When two separated product markets become integrated and are thus replaced with a market with greater demand and...
Persistent link: https://www.econbiz.de/10005756629