While most of the developed countries moved out of dividend phase and entered into aging burden phase, the developing countries are now witnessing demographic dividend phase. India is one of the countries that are experiencing bulging youth (15-34) and thereby working age (15-59) population...

There is widely accepted concept in economic theory that human capital plays positive role in determining national income. Formation or accumulation of human capital and economic development for human welfare are the major targets of economic policy of each country. This study investigates the...

Abstract: In this paper an attempt has been made to identify types of farming in deserted district Tharparkar, Pakistan and suggest the techniques for improvement. Study reveals that in Tharparkar farming is of three types: rain-fed agriculture (crops), livestock and use of rangeland (no-crops)....

Migration has been a recurrent phenomenon since the dawn of human history. Though its form has changed but it remains a dominant event in the global social system. In modern days also people migrate from underdeveloped areas to the developed ones in search of better opportunities. A number of...

This paper seeks to better understand the link between regional characteristics and individual entrepreneurship. We combine individual-level GEM data for Western Germany with regional-level data, using multi-level analysis to test our hypotheses. We find no direct link between regional knowledge...

We present a general equilibrium dynamic model that characterizes the gap between optimal and equilibrium fertility and investment in human capital. In the model, the aggregate production function exhibits increasing returns to population arising from specialization but households face the...

The literature has conflicting reports regarding the impact of group decision making on performance. We first observe that in mutual fund studies this results from large discrepancies in reported managerial structures between CRSP and Morningstar databases reaching on average 20% per year. Then...

This study aims to contribute to the debate on the determinants of the informal firms’ outcomes by focusing on the potential influence that the family background can have on informal business outcomes in Cameroon. Using data from the Survey on Employment and the Informal Sector (SESI 2) in...

Economic development presumes not only the existence of formal institutions such as property rights and the rule of law under which behave economic agents, but also certain norms or social values that promote exchange, savings and investments. In this context, we discuss cultural dimension of...

This article presents a brief review of the literature on the effect of supermarkets on productivity, employment, the survival of small retailers, prices, and competition in retailing. The following stylized facts emerge: (1) the retail sector has undergone a major concentration around the...