The concept of the middle income trap takes place among the frequently discussed issues in the growth literature in the last periods. There are a number of countries in the world, which cannot move to the high income economic level and which squeeze to the middle income trap. These countries...

The concept of the middle income trap takes place among the frequently discussed issues in the growth literature in the last periods. There are a number of countries in the world, which cannot move to the high income economic level and which squeeze to the middle income trap. These countries...

ICT capital is an important driver of productivity growth. Using data from the EUKLEMS growth accounts, we show that ICT has made smaller contributions to labour productivity growth in the EU-15 than in the US, both at the macro level and at the level of individual sectors. At the same time,...

The theoretical literature has predicted that inequality affects long-run growth by reducing human and physical capital, particularly in the presence of imperfect credit markets and other contractual frictions. We test these four mechanisms using measures of inequality at the country-level,...

Using a panel data approach we investigate whether schooling cause health or health cause schooling. We found evidence that supports the influence of the level of health in increases in education and the influence of education growth in health improvements. Both effects are present in poor...

ICT capital is an important driver of productivity growth. Using data from the EUKLEMS growth accounts, we show that ICT has made smaller contributions to labour productivity growth in the EU-15 than in the US, both at the macro level and at the level of individual sectors. At the same time,...

Business environments dominated by information flows and autonomous tasks, typical of knowledge-intensive industries, are likely to require enough social capital to be viable and productive. In this paper, we use new EUKLEMS-INTANProd industry-level data (Bontadini et al., 2023a) covering a...

This paper analyses the beauty standards in Southeast Asia regarding the whiteness of people's skin and how it affects the local markets. This paper starts with is a brief introduction to the capital theories, social and cultural capitals as defined by Pierre Bourdieu. The history of the...

Human capital is the most important factor of production in today's economies - and education is an investment that generates higher incomes in future. The growth stars of the coming years identified in our introductory study base their success on major gains in human capital. The success...

Neoclassical economic approaches continue to dominate evaluations of national skill-formation systems. We argue for the benefits of including alternative interdisciplinary and theoretically grounded approaches in any evaluation of the Irish system as it relates to its economic system. This...