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Prussian industrialization and finds it unwarranted. The econometric analysis on which this claim is based suffers from severe …
Persistent link: https://www.econbiz.de/10010877667
stagnation in a traditional technology to industrialization and prosperity with a modern technology – be accelerated? Lewis (1954 …) and Rostow (1956) argue that the pace of industrialization is limited by the rate of capital formation which in turn is … an open economy increases the rate of capital formation and speeds up the pace of industrialization relative to a closed …
Persistent link: https://www.econbiz.de/10010877851
The industrialization process of a country is often plagued by a failure to coordinate investment decisions. Using the …
Persistent link: https://www.econbiz.de/10005094193
We propose a quantitative framework for the analysis of industrialization in which specialization in manufacturing or …
Persistent link: https://www.econbiz.de/10010570050
industrialization itself. We find that basic education significantly accelerated non-textile industrialization in both phases of the …
Persistent link: https://www.econbiz.de/10008583719
Little is known about late 19th and early 20th century BMIs on the US Central Plains. Using data from the Nebraska state prison, this study demonstrates that the BMIs of dark complexioned blacks were greater than for fairer complexioned mulattos and whites. Although modern BMIs have increased,...
Persistent link: https://www.econbiz.de/10010667415
employment ratio, namely, demographic changes, a growth dilemma and globalization. This paper discusses how these challenges …
Persistent link: https://www.econbiz.de/10005405706
, the effects of a globalization shock – modelled as the entry of newly industrializing countries into the trading world …
Persistent link: https://www.econbiz.de/10005405845
This paper considers education investment and public education policy in closed and open economies with an extortionary government. The extortionary government in a closed economy chooses an education policy in order to overcome a hold-up problem of time-consistent taxation similar to benevolent...
Persistent link: https://www.econbiz.de/10005406324
The traditional school of economic policy analysis predicts that globalisation will give rise to predatory competition between the governments of the European nation states. The consequence is anticipated to be a marked reduction in, if not the destruction of, the benevolent Welfare State. The...
Persistent link: https://www.econbiz.de/10005406444