Endogenous Economic Growth, Human Capital and the Wage Premium PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Endogenous Economic Growth, Human Capital and the Wage Premium PDF full book. Access full book title Endogenous Economic Growth, Human Capital and the Wage Premium by Hartmut Prigge. Download full books in PDF and EPUB format.
Author: Hartmut Prigge
Publisher:
ISBN:
Category :
Languages : en
Pages : 142
Get Book Here
Book Description
Author: Hartmut Prigge
Publisher:
ISBN:
Category :
Languages : en
Pages : 142
Get Book Here
Book Description
Author: Alfred Greiner
Publisher: Princeton University Press
ISBN: 0691170967
Category : Business & Economics
Languages : en
Pages : 203
Get Book Here
Book Description
In economics, the emergence of New Growth Theory in recent decades has directed attention to an old and important problem: what are the forces of economic growth and how can public policy enhance them? This book examines major forces of growth--including spillover effects and externalities, education and formation of human capital, knowledge creation through deliberate research efforts, and public infrastructure investment. Unique in emphasizing the importance of different forces for particular stages of development, it offers wide-ranging policy implications in the process. The authors critically examine recently developed endogenous growth models, study the dynamic implications of modified models, and test the models empirically with modern time series methods that avoid the perils of heterogeneity in cross-country studies. Their empirical analyses, undertaken with newly constructed time series data for the United States and some core countries of the Euro zone, show that models containing scale effects, such as the R&D model and the human capital model, are compatible with time series evidence only after considerable modifications and nonlinearities are introduced. They also explore the relationship between growth and inequality, with particular focus on technological change and income disparity. The Forces of Economic Growth represents a comprehensive and up-to-date empirical time series perspective on the New Growth Theory.
Author: Rudolf Winter-Ebmer
Publisher:
ISBN:
Category : Endogenous growth (Economics)
Languages : en
Pages : 36
Get Book Here
Book Description
Author: Martin Husz
Publisher: Peter Lang Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 148
Get Book Here
Book Description
Author: Andreas Savvides
Publisher: Stanford University Press
ISBN: 0804769761
Category : Business & Economics
Languages : en
Pages : 336
Get Book Here
Book Description
This book provides an in-depth investigation of the link between human capital and economic growth. The authors take an innovative approach, examining the determinants of economic growth through a historical overview of the concept of human capital. The text fosters a deep understanding of the connection between human capital and economic growth through the exploration of different theoretical approaches, a review of the literature, and the application of nonlinear estimation techniques to a comprehensive data set. The authors discuss nonparametric econometric techniques and their application to estimating nonlinearities—which has emerged as one of the most salient features of empirical work in modeling the human capital-growth relationship, and the process of economic growth in general. By delving into the topic from theoretical and empirical standpoints, this book offers an insightful new view that will be extremely useful for scholars, students, and policy makers.
Author: Paolo Mattana
Publisher: Routledge
ISBN: 1351144944
Category : Business & Economics
Languages : en
Pages : 183
Get Book Here
Book Description
Using state of the art mathematical techniques this book provides a complete characterization of the Uzawa-Lucas growth model. In his path-breaking contribution on the 'Mechanics of Economic Growth' Lucas suggested that human capital is the key variable through which technical change is most likely to occur and (by taking some initial intuitions of Uzawa a step further) proposed a two-sector capital accumulation growth model where human capital is allowed to enter a neo-classical-style production structure in multiplicative terms. In this book Paolo Mattana fully explores the dynamic possibilities of the model from both the market and the centralized perspective. A critical evaluation of the inefficiency in the market economy is also provided.
Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1451921330
Category : Business & Economics
Languages : en
Pages : 40
Get Book Here
Book Description
This paper analyses the impact of government tax and subsidy policy on immigration of human capital and the effect of such immigration on growth and incomes. In the context of a two-country endogenous growth model with heterogeneous agents and human capital accumulation, we argue that human capital flight or “brain drain” arising out of wage differentials, say because of differences in income tax rates or technology, can bring about a reduction in the steady state growth rate of the country of emigration. Additionally, permanent difference in the growth rates as well as incomes between the two countries can occur making convergence unlikely. While in a closed economy, tax-financed increases in subsidy to education can have a positive effect on growth, such a policy can have a negative effect on growth when human capital flight is taking place. Since subsidizing higher education is more likely to induce substantial brain drain, it is likely to be inferior to subsidy to lower levels of education if growth is to be increased.
Author: Patricio Arrau
Publisher:
ISBN:
Category : Capital investments
Languages : en
Pages : 52
Get Book Here
Book Description
Life- cycle models of growth can yield a negative relation between population growth and income per capita growth, where the direction of causality goes from the exogenous rate of population growth to the endogenous rate of income growth. Tax policy can affect the proportion of human and physical capital in household portfolios. Tax policy that favors human capital over physical capital produces higher growth in per capita income.
Author: T. Paul Schultz
Publisher:
ISBN:
Category : Human capital
Languages : en
Pages : 42
Get Book Here
Book Description
Author: Gordon G. Liu
Publisher: World Scientific
ISBN: 9812814418
Category : Political Science
Languages : en
Pages : 422
Get Book Here
Book Description
This book is a reflection of the current research that explores the mechanism, dynamics and evidence of the impact of human capital on economic development and social well-being in modern China. Composed of keynote speeches and selected papers from The 2005 International Conference of the Chinese Economists Society (www.china-ces.org), it tracks the latest understanding and empirical evidence of the relationships amongst health, education and economic development in China. The book presents a broad spectrum of study topics covering human capital and economic growth; demand, attainment and disparity in both education and health; and investing in human capital and the economic and social returns in China. Distinguished contributors include Robert Fogel, Michael Grossman, Daniel Hamermesh, Gregory Chow and Dean Jamison.
