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Nigeria. This tendency engenders multiplier effects in stimulating sustainable development given that education-driven growth … long run development objectives. Thus, in the nascent quest for sustainable development, this study takes the new growth … relationships. The study lends credence to the new-growth theory (i.e. endogenous models) that more investments in human capital …
Persistent link: https://www.econbiz.de/10012482865
A highly skilled immigration can be growth enhancing if the positive contribution of the imported brains to the host … growth depleting if the latter effect dominates. …
Persistent link: https://www.econbiz.de/10010336021
Persistent link: https://www.econbiz.de/10011943752
levels. This paper builds a model of human capital and growth that incorporates an adaptive learning mechanism to capture the … extended periods. Policies that can speed up the learning process are examined and it is found that faster rates of growth can …
Persistent link: https://www.econbiz.de/10010278668
An influential paper by Berg et al., 'Redistribution, inequality, and growth: new evidence', uses the SWIID data to … examine the impact of inequality and redistribution on growth in both developing and developed countries. It finds that while … inequality is harmful for growth, redistribution does not hamper growth. This comment demonstrates that the redistribution and …
Persistent link: https://www.econbiz.de/10012424104
Governments perpetually align their policies to satisfy shifts in voters' relative demand for economic growth versus … growth. This mechanism generates a positive co-movement between inequality and growth. The pattern is weaker in countries …
Persistent link: https://www.econbiz.de/10013208644
outcomes: economic growth, health and education as two dimensions of human development, and governance, with a focus on … development challenge. This is so from an ethical perspective and because greater inequality is perceived to be detrimental to key … development aims. Still, an informed debate on the effects of inequality requires clear evidence. This review contributes to the …
Persistent link: https://www.econbiz.de/10012651105
Human capital as a critical engine of economic growth is present in many empirical and theoretical body of knowledge on … growth models and theory. However, the conclusion on its importance as a driver of economic growth remains inconclusive. The … human capital in the economic growth phenomena. Measuring human capital remains the main obstacle to assessing the …
Persistent link: https://www.econbiz.de/10011724971
variation in economic development. It uncovers the forces that have sparked the emergence of multiple growth regimes and …This paper explores the implications of Unified Growth Theory for the origins of existing differences in income per … capita across countries. The theory sheds light on three fundamental layers of comparative development. It identifies the …
Persistent link: https://www.econbiz.de/10010284035
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 …
Persistent link: https://www.econbiz.de/10011536734