Showing 1 - 10 of 73
The objectives of this report are to examine the characteristics of manufacturing in Atlantic Canada and to shed light on the factors behind the productivity gap between Atlantic Canada and Canada in the context of the manufacturing sector. A number of possible factors contributing to the...
Persistent link: https://www.econbiz.de/10005481843
The fundamental importance of skills for productivity advance is being increasingly recognized. In this article, Someshwar Rao, Jianmin Tang and Weimin Wang of Industry Canada provide additional evidence of this relationship through a detailed examination of the dynamics of innovation and...
Persistent link: https://www.econbiz.de/10005650236
The current literature on firm dynamics considers the mobility of firms within the productivity distribution to be determined by exogenous random shocks. This paper evaluates human capital and learning by doing as possible factors determining the mobility once the exogenous shocks have taken...
Persistent link: https://www.econbiz.de/10005620192
The questions concerning the prevalence of poverty and the deepening gulf between rich and poor have always been the burning issues all over the world. These issues, irrespective of their causation factors, bear far reaching economic and political consequences. The federation of Pakistan...
Persistent link: https://www.econbiz.de/10011166997
The international markets have been the major influence spurring economic growth and development in the Malaysian economy even until today. There were two sources of growth, namely foreign capital and exports of commodities. The government particularly beginning in 1971 moved to develop human...
Persistent link: https://www.econbiz.de/10011257802
Annual growth in GDP/adult in Japan has declined from over 10% in 1969 to an average of 1% since the financial crisis in 1991. I show that a dynamic Solow growth model, augmented with human capital, weekly labor-hours, and oil prices, explains Japan’s annual growth rates from 1969 to 2007 as...
Persistent link: https://www.econbiz.de/10011123740
I use a dynamic Solow growth model, augmented with human capital, labor-hours, and oil prices, to show that Japan’s growth in GDP/adult over 1969-2007 can be explained as a process of convergence to a world steady-state rate of 1%/year. I find that each additional year of average schooling...
Persistent link: https://www.econbiz.de/10010827911
This paper investigates the relationship between human capital and economic growth in Pakistan with aggregate time series data. Estimated with the Johansen (1991) approach, the fitted model indicates a critical role for human capital in boosting the economy’s capacity to absorb world technical...
Persistent link: https://www.econbiz.de/10010861888
The paper estimates cross-province growth regressions for China over the period of economic reform.  It first addresses the problem of model uncertainty by adopting two approaches to model selection, Bayesian Model Averaging and the automated General-to-Specific approach, to consider a wide...
Persistent link: https://www.econbiz.de/10005047864
We study the dispersion in rates of provincial economic- and TFP growth in China. Our results show that regional growth patterns can be understood as a function of several interrelated factors, which include investment in physical capital, human capital, and infrastructure capital; the infusion...
Persistent link: https://www.econbiz.de/10005652574