Human capital plays a key role in fostering technology adoption, the major source of economic growth in developing … growth, the model reveals that incentives to invest in public education vanish if a country is poorly endowed with human … better-endowed counterparts build up human capital thereby promoting technology adoption and growth, the growth process in …

Human capital plays a key role in fostering technology adoption, the major source of economic growth in developing … growth, the model reveals that incentives to invest in public education vanish if a country is poorly endowed with human … better-endowed counterparts build up human capital thereby promoting technology adoption and growth, the growth process in …

affected economic growth since reforms began in the late 1970s. We find that a higher degree of fiscal decentralization of … government spending is associated with lower provincial economic growth over the past fifteen years. This consistently … usually makes a positive contribution to local economic growth. …

The paper develops a dynamic, general equilibrium model of specialization-driven growth in which the private cost of … coordinating among specialists is a function of public expenditure on physical and institutional infrastructure. Growth is … growth, the secular rise of government's share of output, in terms of the economic role of the government. …

The negative association between fiscal decentralization and provincial economic growth has been found to be … even statistically significantly, associated with state economic growth. The state allocation of public spending in various … sectors is broadly consistent with ¡°growth maximizing,¡± whereas increases in the central allocation of its budget among …

This paper examines the effects of foreign direct investment (FDI) on South Asian economies’ output growth, utilizing … growth is found. We find evidence for both FDI-led growth and growth-induced FDI hypotheses for the South Asian economies … capital, and government consumption show the most significant positive effects on output growth. As determinants of FDI, GDP …

the end of this year. This is the fastest growth in the Western Hemisphere for this period, and among the highest growth … Brazil, which has had less than half as much growth over the same period. …

since the Partido Acción Nacional (PAN) party took power nearly 12 years ago; and the longer-term trends of economic growth …