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A theory is developed in which the extent to which growth in advanced industrial sectors trickles down to other sectors is dependent upon, capital market frictions, migration, and the strength of interindustry linkages. It is shown that perverse results can arise, and that the efficacy of any...
Persistent link: https://www.econbiz.de/10010535553
Panel data from the United Kingdom are used to estimate a wage curve that allows simultaneously for time, individual, and spatial effects and which thus finesses the problem of grouped data bias. Once allowance is made for the multilevel and cross-classified nature of the data, estimates of the...
Persistent link: https://www.econbiz.de/10010535559
The impact of environmental Kuznets curve (EKC) effects is evaluated in the context of a full model of production and trade within and between rich and poor economies. The shape of iso-emissions curves, defined in tariff and emissions tax space, is evaluated both in the presence and in the...
Persistent link: https://www.econbiz.de/10010540224
Contemporary views on the determinants of economic growth place education in centre stage. Yet the way in which education affects growth is not yet well understood. This paper begins by surveying the recent literature on the factors that affect growth, paying particular attention to education....
Persistent link: https://www.econbiz.de/10010540233
Data for Germany, Britain and the United States are used to investigate the hypothesis that women, especially married women, are less responsive than men to expected occupational wage differentials.
Persistent link: https://www.econbiz.de/10010541219
Regression and neural network models of wage determination are constructed where the explanatory variables include detailed information about the impact of school curricula on future earnings. It is established that there are strong nonlinearities and interaction effects present in the...
Persistent link: https://www.econbiz.de/10010541229
The impact of education on labour market outcomes is analysed using data from various rounds of the National Sample Survey of India. Occupational destination is examined using both multinomial logit analyses and structural dynamic discrete choice modelling. The latter approach involves the use...
Persistent link: https://www.econbiz.de/10010541233
A model of international tax competition is developed in which taxes are raised in order to finance education which in turn raises income. It is shown that, in contrast to results from the tax competition literature, the outcome of a non-cooperative game can be to raise the tax rate, with the...
Persistent link: https://www.econbiz.de/10010541812
Regression and neural network models of wage determination are constructed where the explanatory variables include detailed information about the impact of school curricula on future earnings. It is established that there are strong nonlinearities and interaction effects present in the...
Persistent link: https://www.econbiz.de/10010541817
We construct a family of models to analyse the effect on optimal educational investment of (i) society's preferences for equity and (ii) competition between countries. The models provide insights about the impact of a variety of parameters on optimal policy. In particular, we identify a form of...
Persistent link: https://www.econbiz.de/10010541819