Showing 1 - 10 of 48
This research suggests that favorable geographical conditions, that were inherently associated with inequality in the distribution of land ownership, adversely affected the implementation of human capital promoting institutions (e.g., public schooling and child labor regulations), and thus the...
Persistent link: https://www.econbiz.de/10005062436
This paper surveys research on social capital. We explore the concepts that motivate the social capital literature, efforts to formally model social capital using economic theory, the econometrics of social capital, and empirical studies of the role of social capital in various socioeconomic...
Persistent link: https://www.econbiz.de/10005062449
economic growth. The analysis focuses on recently advanced unified growth theories that capture the intricate evolution of …-unified growth models with the main characteristics of the process of development across most of human history induced growth … modern era of sustained economic growth, and the recent transition between these distinct regimes. Unified growth theory …
Persistent link: https://www.econbiz.de/10005556052
This paper develops a growth theory that accounts for the evolution of trade policy, underlying internal class …
Persistent link: https://www.econbiz.de/10005118700
This paper decomposes the large regression residuals of income across 84 U.S. Native American economies (USNAEs) into Solow and Solow-like parts. Decomposition is accomplished algebraically. The calculations find a weak to negative correlation between income and Solow residuals, and a strong...
Persistent link: https://www.econbiz.de/10005118791
perception of decline be reconciled with a reality of growth? The answer is that the "decline" which is perceived is a decline in … domestic output of goods by and large keeps pace with the growth of GDP. This note summarises the statistical evidence for the …
Persistent link: https://www.econbiz.de/10005407637
We examine the contribution of incremental and radical innovations to total factor productivity (TFP) growth at the … accompanied by informal research. We find that radical innovations are the only significant contributors to TFP growth so that … innovation height matters. We also find evidence that TFP growth is better represented by an upward shift of the production …
Persistent link: https://www.econbiz.de/10005407643
endogenous economic growth. In the 1st part of the paper the basics of the MWR method are described. Attention is mainly … part of the paper is devoted to the setup of a model of endogenous growth with human capital accumulation and the … of the problem which eliminates the growth in variables is then presented and the MWR method is used to solve the model …
Persistent link: https://www.econbiz.de/10005407729
-abundant East Asia traded more heavily with the U.S. and thus engineered faster growth than did land-abundant Latin America. Factor … the pre-WWII growth of Japan, Southeast Asia's growth in the 1970s and the 1980s, and its economic crisis in the mid-1990s. …
Persistent link: https://www.econbiz.de/10005062412
The notion of de-industrialisation arises from the fact that industrial employment, having risen rapidly, is now in equally rapid decline. This paper presents the view that agriculture and industry together form, and have always formed, a logically seamless "primary" sector which from the...
Persistent link: https://www.econbiz.de/10005062413