-driven economic growth model with labor mobility and a demographic structure of overlapping generations. The model shows a natural … tendency for core–periphery structures to emerge in modern knowledge-based economies. …

The present paper aims to explore the role of philanthropic private donations to knowledge creation in Greek … philanthropy on fostering human capital development and knowledge creation in Greece. Our analysis shows that private donations are …

There is growing interest in multisector models that combine aggregate balanced growth, consistent with the well known … intensive in the input that becomes more abundant. As a result, growth rates of sectoral capital-labor ratios can differ and, if …

This paper examines the impact of education on economic growth in Greece over the period 1981 - 2009 by applying the … negative effect on economic growth. The econometric model explained 64% up to 72% of the variation of the economic growth rate … showed that the human capital stock grows but at a decreasing rate, so the endogenous character of the economic growth is not …

Most empirical work on sources of economic growth for different countries lack country-specific empirical evidence to … studies, our study builds on this by taking a more comprehensive approach in estimating Zambia's sources of economic growth by … structural transformation. We use recently developed growth accounting tools to explicitly determine sources of economic growth …

The following article deals with the basic Solow model of economic growth for the states of the EU-28 and empirically … confirms its conclusions. Based on growth accounting, and by analyzing different determinants of the respective steady states …

economic growth using time series data for the period 1970-2019. The paper employs Autoregressive Distributed Lag (ARDL) model …-integration analysis. The key findings of the study are that capital expenditure has positive and significant impact on economic growth … both in the short run and long run while recurrent expenditure does not have significant impact on economic growth both in …

Growth of the Korean economy has been sluggish, and this situation is more pronounced in the service sector. We argue …-sector misallocations at the sectoral level are closely correlated with the lower growth rate of sectoral real value added. Again, this is …

This paper analyzes the effects of personal income tax progressivity on long-run economic growth, income inequality and … effects (lower GDP growth and lower income inequality); and welfare effects (lower dispersion of consumption across … individuals and higher leisure levels, but also lower growth of future consumption). The social discount factor proves to be …