Showing 1 - 5 of 5
In this paper, we test whether the growth experience of a sample of OECD countries over the past three decades is more … consistent with the human-capital augmented Solow model of exogenous growth, or with an endogenous growth model à la Uzawa … implied by these two models to discriminate between them. Using pooled crosscountry time-series data, we specify our growth …
Persistent link: https://www.econbiz.de/10005045653
This paper presents empirical estimates of human-capital augmented growth equations for a panel of 21 OECD countries … growth model assumptions with the needs of panel data regressions. Unlike several previous studies, our results point to a … positive and significant impact of human capital accumulation to output per capita growth. The estimated long-run effect on …
Persistent link: https://www.econbiz.de/10005045945
This paper discusses growth performance in the OECD countries over the past two decades. Special attention is given to … capita growth, while differences in labour productivity have remained broadly stable. These patterns are explained by … different employment growth rates across countries. In the most recent years, a rise in MFP growth in ICT-related industries has …
Persistent link: https://www.econbiz.de/10005049024
In this paper we present an international comparison of growth trends in the OECD countries, with a special attention …. The main conclusions are that some “traditional” factors lay behind the disparities in growth patterns across the OECD …
Persistent link: https://www.econbiz.de/10005045776
This paper discusses links between policy settings, institutions and economic growth in OECD countries on the basis of … accumulation and skills embodied in the human capital, the results confirm the importance for growth of R&D activity, the … operate not only ‘directly’ on growth but also indirectly<I>via</I>the mobilisation of resources for fixed investment. The …
Persistent link: https://www.econbiz.de/10005046257