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Since income is the return on wealth, the total wealth of any given country should be on the order of 20 times its GDP … SNA wealth accounts are incomplete, with the most obvious omission being human capital. Estimating the value of human … human capital in total wealth of 62% – four times the value of produced capital and 15 times the value of natural capital …
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Existing wealth estimates show that in most countries intangible capital is the largest share of total wealth …. Intangible capital is calculated as the difference between total wealth and tangible (produced and natural) capital. This paper … uses new estimates of total wealth, natural capital, and physical capital for a panel of countries to shed light on the …
Persistent link: https://www.econbiz.de/10011394746
Since income is the return on wealth, the total wealth of any given country should be on the order of 20 times its … implication is that the System of National Accounts wealth accounts are incomplete, with the most obvious omission being human …-income) countries yields a mean share of human capital in total wealth of 62 percent-four times the value of produced capital and 15 …
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Adam Smith has two principles: laissez faire and absolute advantage theory. This study has 3rd dimension for wealth of … nations. It is intellectual capital. Because intellectual capitals increase GDP of nations, and create wealth for nations. ICs … related with human resource management. Therefore, a country make investment to human resource management to create wealth of …
Persistent link: https://www.econbiz.de/10012862596
Since income is the return on wealth, the total wealth of any given country should be on the order of 20 times its … implication is that the System of National Accounts wealth accounts are incomplete, with the most obvious omission being human …-income) countries yields a mean share of human capital in total wealth of 62 percent -- four times the value of produced capital and 15 …
Persistent link: https://www.econbiz.de/10012558126