Within the endogenous growth framework, we offer an explanation on how foreign direct investment (FDI) generates externalities in the form of technology transfer. We distinguish between the level and rate effects of spillovers on the productivity of domestic firms. A new insight gained from the...

We investigate the impact of family co-residence structure and the allocation of major childcare responsibility across generations on a child's cognitive development. Using data from China, we find that children living in multigenerational families generally perform better in their cognitive...

China's total real human capital increased from 26.98 billion yuan in 1985 (i.e., the base year) to 118.75 billion yuan in 2007, implying an average annual growth rate of 6.78%. The annual growth rate increased from 5.11% during 1985-1994 to 7.86% during 1995-2007. Per capita real human capital...

We model investment in entrepreneurial human capital (EHC) - the representative enterprise's share of production capacity allocated to investment in innovative industrial and commercial knowledge - as a distinct channel through which firm-specific human capital drives endogenous growth. Our...

In this research, we study the issues of corporate sustainable development in China. Based on relevant research, we propose a theoretical model showing the relationship among business environmental commitment, cultural value, employee training, and firm performance of sustainable development. It...

This authoritative and comprehensive collection contains the most important published papers and articles on the economics of crime. It presents a variety of different perspectives and will be an essential reference source for both researchers and policymakers. The book examines the theory and...