Showing 1 - 10 of 24
This paper studies how the assignment of patents as collateral determines the savings of firms and magnifies the effect of innovative rents on investment in research and development (R&D). We analyse the behaviour of innovative firms that face random and lumpy investment opportunities in R&D....
Persistent link: https://www.econbiz.de/10011114166
The aim of this paper is to shed light on the relationship between education and growth in Morocco. Econometric tools … show a significant short-term causality between education (proxied by enrollment rates in all three levels: primary …
Persistent link: https://www.econbiz.de/10008855555
We consider a growth model with education, externalities and a cultural norm . We show that endogenous emergence of …
Persistent link: https://www.econbiz.de/10011110317
This paper studies the role of education as a way of reducing private rent seeking activities and increasing output. In … many underdeveloped economies, for most individuals, there is no private return to education. Nonetheless, according to … this paper, governments are better off by investing in public education. We view education as a means to build personal …
Persistent link: https://www.econbiz.de/10008567980
context of education inequality. The econometric results from a cross-section analysis of 23 provinces in the period of 1996 … distribution of income, economic policies should be more targeted at not only more education but also equal access to education. …
Persistent link: https://www.econbiz.de/10008497658
Given the decline in growth momentum in the manufacturing sector in many OECD countries, the role of knowledge-based capital has emerged as a key driver for sustained growth. While empirical studies on estimating knowledge spillovers have usually been undertaken at the country level, the...
Persistent link: https://www.econbiz.de/10011251881
This research advances the hypothesis that natural land productivity in the past, and its effect on the desirable level of cooperation in the agricultural sector, had a persistent effect on the evolution of social capital, the process of industrialization and comparative economic development...
Persistent link: https://www.econbiz.de/10011111722
This paper investigates relationship between information communication technology (ICT), economic growth and electricity consumption using data of UAE over the period of 1975-2011.We have tested the unit properties of variables and the Bayer and Hanck combined cointegration approach for long run...
Persistent link: https://www.econbiz.de/10011113805
Theoretical and empirical literature have focused on supply factors when studying economic growth determinants. The present work analyzes demand factors as determinants of the Bolivian economic growth between 1953-2002 using framework introduced by Thirlwall (1979). According to cointegration...
Persistent link: https://www.econbiz.de/10005836270
This paper tests the causal relationship between electricity consumption per capita and gross domestic product (GDP) per capita for Brazil, India, Indonesia, China and South Africa for the period 1971–2009. To reach this goal, we use panel cointegration analysis and Granger causality tests....
Persistent link: https://www.econbiz.de/10011259340