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In this paper, we introduce a new variable called Human Assets and study its effects on economic growth both theoretically and empirically. The first part builds an endogenous growth model which demonstrates that Human Assets increase economic growth. The second part employs the new Dynamic...
Persistent link: https://www.econbiz.de/10015256827
In this paper I will examine the growth models of Romer (1986) and Lucas (1988) which constitute an important first core to the endogenous growth theory, in order to understand the characteristics, to highlight the relationship between knowledge and economic growth and / or emphasize the...
Persistent link: https://www.econbiz.de/10015240230
relevance: Education, health, self-employment income and household expenditures. While the empirical literature on the … education by 0.53 years of schooling, a 67% increase in self-employment income and a 19% increase in household expenditures four …
Persistent link: https://www.econbiz.de/10015258615
Past literature has shown that 1970 amendments to the Clean Air Act (CAA) led to significant reduction in air pollution early 1970s, and that it had positive infant health consequences for the cohorts treated by CAA. Because effects of in-utero and early childhood conditions are persistent, and...
Persistent link: https://www.econbiz.de/10015259109
In late December 2019, the world is shaken by a pandemic caused by Covid-19 virus which has struck almost every continent without exception and claimed millions of lives. The health crisis caused by this pandemic was very quickly accompanied in several countries by a socio-economic crisis, in...
Persistent link: https://www.econbiz.de/10015262425
Since its independence, Sri Lanka has been lauded by researchers and policymakers for its human capital outcomes and has consistently been ahead of its regional peers. On the other hand, Vietnam continued to struggle with conflicts and other economic bottlenecks which hindered the development of...
Persistent link: https://www.econbiz.de/10015263484
child. By setting standards in health care; education; and legal, civil and social services, it tried to protect the basic …
Persistent link: https://www.econbiz.de/10015237583
in Nepal in order to analyse how access to modern energy affects gendered aspects of health, education, income generation …, decisions regarding health and education were found to be taken mostly by men or sometimes jointly with their spouses. It was …
Persistent link: https://www.econbiz.de/10015241434
This paper provides a simple development mechanism for African nations, where economic development is low due to not only low level of physical capital but also poor social capital that leads to lot of conflicts. The study suggests for development of social capital, which is a broader concept...
Persistent link: https://www.econbiz.de/10015242108
This study examines the relationship between health expenditure, education and economic growth in MENA countries using …, education and economic growth. Data were obtained from the World Bank Development Indicators for the period of 1995 to 2010 for … education have significantly positive effect on economic growth. Also gross fixed capital formation positively, but …
Persistent link: https://www.econbiz.de/10015245281