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Underinvestment and Slow Growth : PWBM Concedes Flaws
Simkovic, Michael - 2021
The U.S. economy is growing more slowly than it can and should be growing because it does not invest enough in infrastructure, science, and education. There is an important procedural obstacle to funding public investments — a process of scoring the economic effect of legislation. This process...
Persistent link: https://www.econbiz.de/10013249451
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Cross-Country Growth Empirics and Model Uncertainty : An Overview
Ulasan, Buelent - 2012
The aim of this paper is to provide an overview of empirical cross-country growth literature. The paper begins with describing the basic framework used in recent empirical crosscountry growth research. Even though this literature was mainly inspired by endogenous growth theories, the...
Persistent link: https://www.econbiz.de/10013210346
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Parental altruism, missing credit markets and growth
Hatcher, Michael; Pourpourides, Panayiotis M. - 2018
Parental transfers towards the education of children are non-trivial, especially in countries, characterized by both imperfect credit markets and high economic growth rates. In this paper, we analyze the role of parental altruism on economic growth and dynamic efficiency, especially when credit...
Persistent link: https://www.econbiz.de/10011961994
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Children s health, human capital accumulation, and R&D-based economic growth
Baldanzi, Annarita; Bucci, Alberto; Prettner, Klaus - 2017
We analyze the effects of children's health on human capital accumulation and on long-run economic growth. For this purpose we design an R&D-based growth model in which the stock of human capital of the next generation is determined by parental education and health investments. We show that i)...
Persistent link: https://www.econbiz.de/10011609038
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Technology, trade, and growth : the role of education
Prettner, Klaus; Strulik, Holger - 2014
Persistent link: https://www.econbiz.de/10010250451
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Education and Growth with Learning by Doing
Marconi, Gabriele - 2015
We develop a general equilibrium overlapping generations model which is based on the view that education makes workers more productive by increasing their ability to learn from work experience, rather than providing skills that directly increase productivity. One important implication of the...
Persistent link: https://www.econbiz.de/10013021942
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Human Capital Formation, Learning by Doing and the Government in the Process of Economic Growth
Greiner, Alfred - 2012
cumulated investment (learning by doing). Human capital is formed in the schooling sector that is financed by the government …
Persistent link: https://www.econbiz.de/10014201150
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On determinants of the economic growth of European countries during 2005-2015
Mazurek, Jiří - In: Comparative economic research : Central and Eastern Europe 20 (2017) 2, pp. 21-33
The aim of the paper is to examine the economic growth of 32 European countries from 2005 to 2015. This period was characterized by a strong growth prior to 2009, when the Great Recession started, and lasted until 2012-2013 in the majority of examined countries. The growth between 2005 and 2015...
Persistent link: https://www.econbiz.de/10011869942
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Participation, growth and social poverty : social capital in a homogeneous society
Antoci, Angelo; Sacco, Pier Luigi; Vanin, Paolo - In: The open economics journal 1 (2008), pp. 1-13
We introduce social capital accumulation into a neoclassical model, showing how it differs from physical and human capital accumulation. We take the view that social capital is crucial to the enjoyment of socially provided goods and that it is mainly accumulated by means of participation to...
Persistent link: https://www.econbiz.de/10009540714
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Education and Growth : Where All the Education Went
Breton, Theodore R. - 2016
We investigate why the economics literature often finds a negative relationship between increased schooling and GDP … increases in adults' average schooling during the prior 40 years. We find that an additional year of schooling of the work force … schooling on national productivity explains why recent increases in schooling cannot explain near-term increases in GDP …
Persistent link: https://www.econbiz.de/10012999229