We try to identify which economic factors might be responsible for the large international differences in student performance. We present time series evidence for a number of European countries which suggests that rising educational expenditures obviously did not improve student performance....

We suggest a new way to quantify the growth effects of capital mobility. We find that for reasonable parameter values, capital mobility has a large impact on income growth.

Most empirical studies of long run growth refer to one of the two seminal contributions by Robert Solow (1956, 1957). His work shows that in order to estimate the relative roles of factor accumulation and technology in development, an a priori identification assumption is needed about the nature...

The role of human capital has so far not been well documented at the macroeconomic level. Many empirical studies lack a consistent theoretical foundation and there are measurement problems due to a very narrow concept of human capital focusing on formal education. Future empirical research...

Die konventionellen Indikatoren für Bildungsinput und ?output deuten darauf hin, dass sich die meisten Beitrittsländer in Bezug auf das Humankapital nicht bedeutend vom EUDurchschnitt unterscheiden. Die verfügbaren Messungen erfassen jedoch unter Umständen nicht den wirtschaftlich relevanten...

Die entwicklungspolitische Debatte hat lange darunter gelitten, daß ihr eine überzeugende theoretische Grundlage fehlte. Dies beginnt sich seit einigen Jahren mit dem Aufkommen der "neuen" Wachstumstheorie zu ändern. Deren Implikationen stützen das, was neoklassisch orientierte...