One of the most interesting facts about the growth of developed nations, especially of the US growth, in the last three … decades is significant growth of the ratio of the wage of skilled labor to that of unskilled labor. At the same time, existing … growth which is common to all developed countries and which can explain the greatest part of education cost ratio increase in …

Our work contributes to the literature relating output structure and economic development by showing that growth gains … capabilities available for domestic firms operating in ordinary trade is an important driver of economic growth. However, no direct … technology adoption to be growth enhancing. …

In this paper, we revisit the inequality-growth relationship using an enhanced panel data set with improved inequality …, similar to Forbes we find a significant positive association between inequality and subsequent economic growth in the full … relationship between inequality and growth emerges due to the particular timing of inequality and growth dynamics in transition …

The innovative approach presented introduces a modified neoclassical growth model which includes a new bias of … technological progress in a quasi-endogenous growth model in which part of labor is used in the research & development sector. The … capital is positively influenced by the size of the R&D sector, sheds new light on innovation and growth as well as income …

This paper studies the effects of foreign direct investment (FDI) on national economic growth with the help of GMM … panel regressions. Effects on productivity growth, capital and labor inputs as well as innovation activities are …

uninsurable labor income risk, and economic growth in a small open overlapping-generations economy with heterogeneous agents. It … impact of higher inequality on the aggregate human capital stock, and thus, on growth may be positive. This result rests on …

in performance and subsequent growth in industries, regions and economies. The framework has implications for future … research in entrepreneurship, strategy and economic growth. …

Over the past twenty years, Mozambique has achieved remarkable progress in promoting macroeconomic growth and stability … movement of labour out of agriculture has contributed to aggregate growth. But, this trend is slowing and is leading to a … saturation of the services sector. Moreover, productivity growth is weakening within more labour-intensive sectors. We conclude …

conflicts, and output growth performance over the last few centuries. By analyzing political responses to the distributional …