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The most influential explanations of economic growth along the past five decades rely on two main items: human capital … accumulation and the dissemination of knowledge/technological diffusion. These items traditionally appear as separate growth … sources. In this paper an integrated perspective is adopted. We begin by building a growth model where two goals regarding …
Persistent link: https://www.econbiz.de/10012755084
induces agents to devote more time to education which stimulates human capital accumulation and hence promotes economic growth …. -- status-seeking ; economic growth ; transitional dynamics ; human capital …
Persistent link: https://www.econbiz.de/10009736645
In this article, we survey the theoretical literature investigating the role of gender inequality in economic development. The vast majority of theories reviewed suggest that gender inequality is a barrier to development, particularly over the long run. Among the many plausible mechanisms...
Persistent link: https://www.econbiz.de/10011888636
path, growth threshold, speed of convergence and savings rates. Unlike earlier studies along these lines, we incorporate …Employing a neoclassical growth model with a constant elasticity of substitution production function, we develop a … comparative static and dynamic analysis of the effects of the elasticity of substitution between inputs on the steady state growth …
Persistent link: https://www.econbiz.de/10012967230
I use a dynamic Solow growth model, augmented with human capital, labor-hours, and oil prices, to show that Japan …’s growth in GDP/adult over 1969-2007 can be explained as a process of convergence to a world steady-state rate of 1%/year. I …, which raised the annual growth rate by 1.8% in 1969, but by only 0.6% in 2007. I also show that redirecting national …
Persistent link: https://www.econbiz.de/10014198355
respectively. The study discovered that domestic and external debt, economic growth and debt servicing exert positive and …
Persistent link: https://www.econbiz.de/10014514213
Persistent link: https://www.econbiz.de/10012243433
Persistent link: https://www.econbiz.de/10012123588
about fertility, education of their children and the type and intensity of the investments in their own education. These … formation, little longevity, high child mortality, large fertility and a sluggish income and productivity growth to a modern … growth regime in which lower net fertility is associated with the acquisition of human capital and improved living standards …
Persistent link: https://www.econbiz.de/10013316935
This paper examines the interaction between education, growth and distribution from a classical-Marxian perspective. It … first briefly examines classical-Marxian ideas on the relation between education and growth and income distribution. Drawing … dynamic model of growth and distribution to analyze the effects of the spread of education on profitability, accumulation …
Persistent link: https://www.econbiz.de/10009371099