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Humankapitalausstattung und dem Wirtschaftswachstum. Insbesondere die Hauptstadtregionen sowie einige weitere wirtschaftliche Metropolen …
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This paper provides an overview of both theoretical and empirical literature on the link between public investment (capital) and economic growth (national income). We first survey the channels through which public capital can conceivably affect growth. We then turn to reviewing the existing...
Persistent link: https://www.econbiz.de/10010276412
Many observers suspect economic growth to be inextricably associated with inequality: growth alone need not bring about unalloyed, uncontroversial increases in economic well-being because rising average income levels might come together with increasing disparities between rich and poor....
Persistent link: https://www.econbiz.de/10010273314
The paper investigates the relationship between external debt and economic growth, focusing on the role played by the policy and institutional framework. Results for a panel of 114 developing countries show that the debt-growth nexus depends on institutions and policies. The Debt-Laffer curve...
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This study investigates the pro-poorness of income growth in Nigeria. Using nationally representative data for 1996 and 2004, overall income growth in Nigeria was found not to be pro-poor. The richer segments of the population appropriate greater share of benefits from economic growth. Household...
Persistent link: https://www.econbiz.de/10011310239
In the paper a growth model is developed which admits endogenous growth. Endogenous growth is due to simultaneous efficient accumulation of physical as well as human capital. In contrast to similar growth models, we assume that output can be transformed into either physical or human capital...
Persistent link: https://www.econbiz.de/10010332567
Of the world's 6.7 billion people (as of 2008), 1.3 billion lived on less than $1.25 Purchasing Power Parity dollars … scourge of absolute economic misery among billions of the world's people is one of the most serious problems facing humankind … today. Unemployment (defined below) befalls about 200 million of the world's people - a sizeable number but small compared …
Persistent link: https://www.econbiz.de/10010333104