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An emerging economic literature over the past decade has made use of international tests of educational achievement to analyze the determinants and impacts of cognitive skills. The cross-country comparative approach provides a number of unique advantages over national studies: It can exploit...
Persistent link: https://www.econbiz.de/10013143681
This paper studies the choice between general and specific human capital. A trade-off arises because general human capital, while less productive, can easily be reallocated across firms. Accordingly, the fraction of individuals with specific human capital depends on the amount of uncertainty in...
Persistent link: https://www.econbiz.de/10003641302
The aim of this paper is to quantify the role of formal-sector institutions in shaping the demand for human capital and the level of informality. We propose a firm dynamics model where firms face capital market imperfections and costs of operating in the formal sector. Formal firms have a larger...
Persistent link: https://www.econbiz.de/10013056102
This paper extends earlier OECD work exploring the link between skills mismatch, productivity and policies to include … OECD average of 7%. The results suggest that improving the allocation of skills to OECD best practice could be associated … with an increase in productivity of around 7% in New Zealand. …
Persistent link: https://www.econbiz.de/10011700559
higher productivity, which in turn would be boosted by more investment in capital. In particular, investment in knowledge …
Persistent link: https://www.econbiz.de/10011823619
from agriculture. Many rural people in the developing world are poor, and conversely, most of the world's poor people … inhabit rural areas. Agriculture also accounts for a significant fraction of the economic activity in the developing world … that changes affecting agriculture have large aggregate effects. Thus, it seems reasonable that agricultural productivity …
Persistent link: https://www.econbiz.de/10014024046
This study conducts an international comparison of productivity and profitability. First, the level and growth of … productivity are compared in OECD countries for the period from 1975 to 2009. According to this comparison, productivity growth has … productivity, prices and labour compensation. The results show that profitability in Finnish manu-facturing is competitive because …
Persistent link: https://www.econbiz.de/10010326875
This paper studies whether skilled migrants contribute to the host country's "productive efficiency" (Farrell, 1957) using input-output and immigration sectoral data for seven industries in twelve countries during the period 1999-2001. We find that skilled migrants contribute positively to a...
Persistent link: https://www.econbiz.de/10010381869
promoting training and the extent to which the productivity effects of training are shared with employees. …
Persistent link: https://www.econbiz.de/10012815729
Census data for 1990/91 indicate that Australian and Canadian female immigrants have higher levels of English fluency, education (relative to native-born women), and income (relative to native-born women) than do U.S. female immigrants. A prominent explanation for this skill deficit of U.S....
Persistent link: https://www.econbiz.de/10013320421