Showing 1 - 10 of 12,507
The authors provide various estimates of the government net capital stocks for a panel of 26 developing countries over the period 1970-2001. Two kinds of internationally comparable series of public capital stocks are presented. The first estimates are based on the standard perpetual inventory...
Persistent link: https://www.econbiz.de/10012553683
factor productivity. We analyze panel data that measure the severity of brain drain, which are from IMD and the U.S. National … productivity growth. This can be considered as evidence of the positive effects of 'brain circulation', which is one of the brain … drain phenomena that settlement of the talents in advanced countries can eventually help improve the productivity of home …
Persistent link: https://www.econbiz.de/10013174011
expenditure on education and public capital (infrastructure), budget deficit, internal and external public debt, public … spending on both education and public infrastructure proves to be the most effective way to permanently boost economic growth …
Persistent link: https://www.econbiz.de/10015189601
infrastructure in the world air transport system. It is noted that airport infrastructure is a complex dynamic subsystem of global … production infrastructure of the world economy and is aimed at providing competitive air transportation services. It is … substantiated that the competitive production infrastructure of international airports is a key element of the economic development …
Persistent link: https://www.econbiz.de/10013286713
This paper investigates the relationship between economic growth in Poland and selected elements of fiscal policy and private spending on education. We use the Mankiw-Romer-Weil model, augmented with learning-by-doing and spillover-effects and with concepts from the literature on optimal fiscal...
Persistent link: https://www.econbiz.de/10012177134
human capital, research, infrastructure, and business sophistication are the key pillars determining countries' innovation … and development (R&D), and infrastructure (inculcating both physical and digital) are the best predicting variables. The …
Persistent link: https://www.econbiz.de/10014496986
Suppose that all people in the world are allocated only two characteristics: country where they live and income class …'s global income position (percentile in world income distribution) is explained by only these two pieces of information. Mean …
Persistent link: https://www.econbiz.de/10012552280
The authors provide an empirical evaluation of the impact of infrastructure development on economic growth and income … the regressors, infrastructure quantity and quality indicators, in addition to standard controls. To account for the … potential endogeneity of infrastructure (as well as that of other regressors), the authors use a variety of generalized …
Persistent link: https://www.econbiz.de/10012559826
potential mechanisms, such as physical infrastructure, disruptive creation, institutions, political revolution, and financial …
Persistent link: https://www.econbiz.de/10014454359
The authors review about 80 studies on electricity and gas, water and sanitation, and rail and ports (with a footnote on telecommunications) in developing countries. The main policy lesson is that there is a difference in the relevance of ownership for efficiency between utilities and transport...
Persistent link: https://www.econbiz.de/10012553980