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market productivity. The key constituents of human capital, identified in the literature, are jointly examined in a close …-to-reality-model. The main advantage of our model of productivity is that, in addition to accounting for the filigree composition of human … groups of migrating and local human capital, their interaction and joint impact on local productivity, and (2) to cross …
Persistent link: https://www.econbiz.de/10011257327
This paper focuses on the relation between worker's productivity and retirement decision. Assuming that productivity … follows geometric Brownian motion with drift, there exists such a level of productivity for which it is optimal to retire. The … productivity and the probability of retirement. …
Persistent link: https://www.econbiz.de/10011257396
Nobel laureates in economics make their most important and creative contributionsbetween the ages of 29 and 38. The average creative age of Nobel economists is slightly belowthat of laureates in physics, and considerably younger than that of laureates in chemistry andmedicine/physiology. The...
Persistent link: https://www.econbiz.de/10011257405
The article describes “the theory of devaluation of values” developed by the author. In accordance with this theory, economic growth takes place using two inter-connected phenomena: a) reduction in time necessary for “the set of benefits (goods) currently consumed” to be produced, on the...
Persistent link: https://www.econbiz.de/10011257858
real wages have not kept pace with productivity growth. This means that labour’s share of total income has fallen and …
Persistent link: https://www.econbiz.de/10011257869
competitors in East Asia, especially in export sector. On the aggregate level, although Hong Kong’s Total Factor Productivity (TFP …
Persistent link: https://www.econbiz.de/10011258060
This paper attempts to investigate the determinants of productivity in microfinance institutions (MFIs) in India using … positive and negative effects on the productivity of MFIs, depending of the proxy used in the analysis. However,the efficiency … of MFIs affects the productivity negatively. Specifically, we find that the age of the institution positively influences …
Persistent link: https://www.econbiz.de/10011258171
This study examines whether high productivity is either the cause or a consequence of a business’s decision to export … statistical evidence for the self-selection of more productive firms into the export market. The alternative hypothesis, learning … Variable regression. By going beyond the previous literature, this study also reveals that export participation has a …
Persistent link: https://www.econbiz.de/10011258228
analysis to evaluate how the port cargo openness, the productivity level, the cargo expansion, and the technological change … adaptability can affect directly on the marginal productivity growth rate and performance of a port. This new model, “The Port …
Persistent link: https://www.econbiz.de/10011258245
GDP = K_Index Inflation indexed Version: (1 – GINI – Inflation) x GDP = K_Index_Infl. Productivity Index: K_Index / Labor … Force = K_PROD Inflation indexed Productivity Index: K_Index_Infl. / Labor Force = K_PROD_Infl. Debt-to-K_Index: National …
Persistent link: https://www.econbiz.de/10011258559