This paper studies a two-sector model of endogenous technical change in which expansion of each production sector is associated with sector-specific R&D investment. It is shown that the pattern of growth is sensitive to the specification of intersectoral technological spillover as well as to the...

Many empirical works suggest that education has a positive effect on earnings not only because it raises human capital but also because it functions as a signal when employers have incomplete information on employees' skills. The signaling role could have important consequences on the dynamics...

In this study solutions and suggested policy of agro-based industry of Tharparkar and barrage area of Sindh are given, and it is tenth chapter of the Ph.D submitted in 2002. Purpose of the study was to give the complete picture of solutions and recommendations. On the completion of this study...

This paper extends the standard model of growth with insecure property rights by introducing variable labor supply and increasing returns to scale. It is assumed that capital stock is jointly owned by multiple interest groups and that each group participates production activities by supplying...

Most of the studies based on the New Empirical Industrial Organization (NEIO) approach use the industry data to estimate the degree of market power at the national level. Yet, only a few empirical studies presented the results that measure the degree of market power at the regional level and...

By examining two-sector models of endogenous growth with physical and human capital, this paper demonstrates that indeterminacy of equilibrium may emerge even in the absence of social increasing returns. The first model we examine assumes that both final good and new human capital production...

The characteristics, assets and economic performance of Chile’s regions are particularly diverse, and their potential for growth will largely depend on how public policies are adapted to their diversity and integrate their different synergies, attributes and assets. Enhancing the productivity...

The paper is a brief account of findings of various human development reports published either by UNDP or Govt. of India or by individual state governments on the states of northeast India. The findings reveal that achievement of northeastern region is quite reasonable in comparison to all India...

Using an endogenous growth model with physical and human capital, we explore short-run as well as long-run effects of fiscal policy in the presence of households' production activities. We first show that our model has a unique balanced-growth path that satisfies saddlepoint stability. We then...

This paper empirically examines the functional role of various micro and macro economic as well as situational factors that determine residential housing demand and risk of borrower default. Using 13,487 housing loan account sanctioned from 1993-2007) data from Housing Finance Institutions...