phenomenon with yet unclear impact. We develop a unified framework incorporating economic institutions, human capital and … physical capital to study the interaction of international capital flows and growth. Analytically, we study conditions under … which a positive change of a country's economic institutions can attract inflows of physical capital from abroad, leading to …

-sector model of endogenous growth. It is shown that in general the growth rate is reduced by taxes on capital and labor (human …

apply. The domestic growth rat e will finally equal the world-wide growth rate, which is endogenous if constant returns … countries. International growth differentials will fall as diminishing returns with respect to the national knowledge stock … apply with respect to all world knowledge stocks taken together. In our two-country two-sector model with firm …

; the relation between income growth and income and fertility distributions; and the relevance of human capital in … determining the skill distribution of immigrants in a balanced-growth global equilibrium setting. In all three illustrations …

We explore the relationship between government size and economic growth in an endogenous growth model with human … find a non-monotonic relationship between the size of government and economic growth. We find that with very high (low …) discounting, there is a unique low (high) growth equilibrium, regardless of the size of government. For the intermediate range of …

to the received wisdom, we show that human capital accumulation is not necessarily growth-inducing and inequality …We develop a classical macroeconomic model to examine the growth and distributional consequences of education. Contrary …-reducing. Expansive education policies may foster growth and reduce earning inequalities between workers, but only by transferring income …

Foreign direct investment (FDI) is generally considered a driving factor to economic growth. Nevertheless, empirical … evidence is rather mixed, reporting a positive, neutral, or even negative relationship of FDI with growth. Our investigation … concentrates on the impact of FDI inflows on growth and their effect mediated by income levels and the quality of the institutional …

The current study investigates the impact of foreign direct investment on the growth of Namibia's economy from 1990 to … for economic stability, and return on investment are responsible for Namibia's economic growth. The article confirms the … FDI-led growth and the Bhagwati hypotheses for Namibia as shown by the FDI and the interactive variable of FDI and trade …