• The authors find that factor accumulation played an important role in output growth, and that accumulations from policy-driven investments in human capital, and public infrastructure, were important sources of productivity gains. (worldbank.org)
  • Achieving a sustained productivity growth requires both a high rate of capital accumulation, technological upgrading, and the related changes in human resources. (idm.at)
  • This thesis consists of three self-contained papers in theoretical and computational macroeconomics and growth theory with income inequality and human capital accumulation as common themes. (lu.se)
  • [ 2 ] His second insight was that growth was driven not only by factor accumulation but also by technological progress. (europa.eu)
  • Fundamentally, technological progress and innovation are, over the long run, the prime drivers of economic growth and also important reasons for differences in international economic performance, even though demographic differences are also very relevant. (europa.eu)
  • It has managed to break down the economy growth into 3 different categories in terms of Capital, labor and technology. (ipl.org)
  • Malthus had collected empirical data and proposed that human population growth increases at an exponential rate. (ipl.org)
  • This means that in the long run arithmetic food growth coupled with an exponential growth of human population would lead to a future where humans have little to no resources to survive on. (ipl.org)
  • Speaking endlessly of the "law of value" and the centrality of labour productivity, Moore nevertheless replaces the role Marx assigned human labour as the source of all value in the dynamics of capitalism with a notion that the energy and fertility of non-human nature is what drives economic growth and decline. (isj.org.uk)
  • The results show that there is a direct causal relationship between the use of mentoring programs and growth of the company and its human capital. (arastirmax.com)
  • W. Schultz Theodore (1963) indicates that the human capital is a significant source of the economic growth in the book, Economic Value of Education. (scirp.org)
  • From a supply-side perspective, there are just two ways to raise per capita GDP growth-increase business investment or raise productivity-and trust affects both (figure 2). (deloitte.com)
  • The expansion of the scale of education, development of healthy environment, growth of GDP, development of skill training, and population migration could reduce the input of creative human capital and promote the technical efficiency, while development of trade and institutional change, on the contrary, would block the input of creative human capital and the promotion the technical efficiency. (hindawi.com)
  • Schultz claimed that the contribution to economic growth from the improvement of human capital such as human's knowledge or ability and health is more important than the increase of material force and the number of labor [ 9 ]. (hindawi.com)
  • Studies have shown that the effects of human capital that received higher education, on individual performance, total productivity, technological progress, economic growth, and international trade, are significantly greater than the human capital which received secondary education and basic education [ 14 - 18 ]. (hindawi.com)
  • Policy interventions targeting Schumpeterian entrepreneurship objectives-e.g., innovative entrepreneurship and the development of new technologies-are conducive to technical change by promoting upward shifts in the countries' production function and, consequently, productivity growth. (springer.com)
  • Echoing the seminal work by Solow ( 1957 ), economists have devoted a great deal of effort to evaluating the sources of productivity growth between and within countries over time. (springer.com)
  • More concretely, we evaluate if the national system of entrepreneurship is conducive to productivity growth by enabling and enhancing different types of entrepreneurship which we link to different sources of productivity growth. (springer.com)
  • The project identifies new sources of economic growth and competitiveness in the context of the globalization process. (sav.sk)
  • In this respect, the project sheds light on the following important issues: First, it shows the role human capital accumulation plays in the growth process and concludes that regardless the business cycle and differences in theoretical perceptions, human capital has indispensable role in accelerating economic growth. (sav.sk)
  • Second, the project underlines the payoffs accompanying investment into information and communication technology (via improvements in labor and capital productivity and network effects) in terms of economic growth. (sav.sk)
  • Increased productivity of existing labor force and economic growth. (grin.com)
  • The boom gave way, in the 2000s, to a decade of protracted growth, worsening labour market conditions, steady accumulation of external imbalances, and rising debt. (cepr.org)
  • It is the entrepreneurs who invest the capital necessary for productivity growth, who organize production into firms and industries, who compete and cooperate to create and distribute goods and services to consumers in the most efficient and profitable manner. (mises.org)
  • In the model, productivity growth is driven by occupation-specific dynamic scale economies, which generate productivity spillovers between occupationally similar sectors. (uni-muenchen.de)
  • As a result, inter-industry productivity spillovers are larger in richer countries, and access to foreign markets allows developing countries to shift labor into sectors that contribute more to aggregate productivity growth. (uni-muenchen.de)
  • The model can account for a substantial share of the variation in aggregate and industry-level labor productivity growth across developing economies. (uni-muenchen.de)
  • From Adam Smith to John Stuart Mill, early theorists of the wealth of nations were pessimistic about their societies' long-term prospects for growth, and assumed that the productivity gains from specialization and the division of labour would be thwarted after a certain point by the exhaustion of the soil and population increase. (newleftreview.org)
  • For reasons cogently argued by Smith and his successors, the momentum of growth was expected to peter out after a time, arrested by changes endogenous to the growth process itself, and giving rise in due course to the supervention of the stationary state. (newleftreview.org)
  • The model predicts that labor immiseration -- i.e. full automation of the economy -- is inevitable unless learning efficiency is improved through capital taxation. (lu.se)
  • Not only in China, the rapid economic development in Japan and Germany's after the world war two also demonstrates that the accumulation of human capital is inevitable for economics. (scirp.org)
  • But is it, in fact, inevitable that new phases of accumulation will emerge from the aftermath of what now promises to be an enormous and protracted shake-out? (newleftreview.org)
  • Industrial development is the process by which economies learn how to produce new products and services. (mit.edu)
  • One of the major challenges ahead of a catching-up country's manufacturing sector is productivity convergence to the level of advanced economies. (idm.at)
  • What explains the large disparities in productivity across economies? (springer.com)
  • Prior studies have documented significant differences in total factor productivity (TFP) across economies (e.g. (springer.com)
  • What is frequently overlooked is the empirically well-established heterogeneity in the quality and quantity of entrepreneurship across countries as well as the arguably large differences in terms of resource exploitation across economies. (springer.com)
  • At the same time, large enterprises can also be innovative, and capital accumulation is often critical to achieving economies of scale and scope, even in today's "knowledge economy. (mises.org)
  • Physical health capital determines survival probabilities, whereas preventive health capital governs the endogenous distribution of shocks to physical health capital, thereby controlling the life expectancy. (stlouisfed.org)
  • The paper develops a model for endogenous income inequality that fits US evidence while comparing popular income processes. (lu.se)
  • Convergence in standards of living can therefore be an even slower process than wage convergence. (arkansaseconomist.com)
  • In the process he butchers the tools Marx developed for understanding the dynamics of capitalism. (isj.org.uk)
  • Moore never makes an argument against exploited human labour as the source of all value in capitalism, and yet use values continue to creep into his account of both how capitalists accumulate and how their system booms and busts. (isj.org.uk)
  • In this brief essay I connect Gates's philosophy of giving-along with many other contemporary neoliberal philanthropists-to Protestant traditions and the origins of capitalism, particularly the emphasis on entrepreneurialism and the development of human capital. (ssrc.org)
  • Capitalism itself has removed the barrier of low productivity. (worldsocialism.org)
  • In capitalism, the work done in households, although crucial to the reproduction of human beings, is separated off from the production and circulation of commodities. (solidarity-us.org)
  • Liberal privacy philosophy tends to ignore the political economy of privacy in capitalism that can mask socio-economic inequality and protect capital and the rich from public accountability. (mdpi.com)
  • How labour became such a commodity before the rise of capitalism is the subject of Part 8 of Capital, which deals with primitive or original accumulation. (davidharvey.org)
  • Capitalism is driven on by a social and productive dynamism, and by an un-heard-of regenerative ability, but it has this weakness: by its very strength, by the human energy and the technical power it sets into motion, it wears out what it exploits, and its productive intensity is only paralleled by its destructive potential, as proved by the first civilization crisis it went through in the 20th century. (libcom.org)
  • Capitalism today is the only all-encompassing network of social relationships able to expand geographically and, with the respective differences being considered, to impact on Djakarta as well as Vilnius. (libcom.org)
  • Whether or not Marx invented the phrase, it has become common since the 19th century because capitalism imposes on us the image of factors of production combined to beget a product or a service bought or sold on a market, and of a society ruled by supply/demand and productivity. (libcom.org)
  • At the end of the 19th century, capitalism as it existed was no longer viable, on both sides of the capital-labour "couple": the productive forces of industry were too big to be managed by private owners, and the worker movement too powerful to be persistently denied a social and political role. (libcom.org)
  • This chapter provides a snapshot of Thailand's competitive edge, with a focus on the four pillars targeted under the Thailand 4.0 vision: productivity, innovation, human resources and area-based development. (oecd-ilibrary.org)
  • Innovation refers to the process of implementing new or improved technology and management practices that offer products and services with desirable performance at affordable cost. (issues.org)
  • Moreover, he points out that an increase in women's participation does not only generate results for women in general-a reward on its own merit-but it also provides social benefits as women are a major influence on social change, innovation and the development process (pp. 201-2). (mdpi.com)
  • As a "live" capital form, human capital, with its creativity and innovation, has greater value and development potential in the aspects of optimizing allocation of resources or speeding up the economic development and promoting the social progress. (hindawi.com)
  • Most papers relate income and productivity differences to efficiency differences, explaining this latter with technology absorption difficulties, an inadequate human capital stock as well as with institutional deficiencies. (idm.at)
  • These models require capital, but the fact that the institutional environment constrains access to the accumulation of both financial and human capital is largely ignored. (democracyjournal.org)
  • Jason W. Moore (jasonwsmoore [at] gmail.com) teaches world history in the Division of Human Ecology, Lund University, and Department of Geography, University of North Carolina. (monthlyreview.org)
  • This paper addresses the past achievements and the deficiencies of the Hungarian manufacturing sector by analyzing the changes and the challenges of the f​actor side of the well-known production function, according to which output is the function of factors (capital and labor) and efficiency. (idm.at)
  • Yet, the technical efficiency of creative human capital and its effects are still under research. (hindawi.com)
  • The research results indicate that, in this period, the entirety of creative human capital in China and the technical efficiency value in different regions and different provinces is still in the low level and could be promoted. (hindawi.com)
  • Our conclusions are, first, overeducation occurrence is relatively high mainly among senior skilled workers since the quality requirement of the professors and doctors is much higher in China, and, second, the incidence of overeducation in husbandry remains at a low level all the way which indicates that the agricultural human capital attraction and level is weak due to the inferior income. (scirp.org)
  • Improved Agricultural productivity and development of new technology. (grin.com)
  • Nonetheless, like similar other studies, this project also concludes that technological advancement makes sense if it is accompanied by human capital accumulation. (sav.sk)
  • Stabilization policies like monetary policy or fiscal policy are relevant in this time frame the medium run (e.g. a decade): Over the medium run, the economy tends to an output level determined by supply factors like the capital stock, the technology level and the labor force, and unemployment tends to revert to its structural (or "natural") level. (wikipedia.org)
  • The factor to be examined in the first section is physical capital, while the second section reviews how skilled and unskilled labor progressed during the transformation years. (idm.at)
  • The restructuring of the manufacturing sector also involved c​apital deepening i.e. the capital-labor ratio has increased. (idm.at)
  • It also permits discussing the welfare effects and trade-offs of tax reforms as individuals adjust their labor supply and human capital accumulation. (lu.se)
  • Here, Q represents GDP while L stands for Labor, K stands for Capital and H stands for Human capital. (ipl.org)
  • It is generally accepted that human capital is a reflection of the quality of labor capital, and human capital consists of economic value of knowledge, technology, ability, and healthy quality which condenses on laborers [ 1 , 2 ]. (hindawi.com)
  • From the point of view of the production of use values, waged and unwaged labor form a unified process which has, as its end result, the reproduction of human beings. (solidarity-us.org)
  • The separation of what is, from the point of view of production of use values, an integrated process into two different types of labor (commodified and uncommodified) is a result of capitalist class relations of production, not a universal fact of human social life. (solidarity-us.org)
  • If he is wise in choosing a bank which is wise in its lending and investing business, an increment in capital results, and brings about a rise in the productivity of labor. (consultingbyrpm.com)
  • If the government spends the hundred dollars for current expenditure, no additional capital comes into existence, and no increase in the productivity of labor results. (consultingbyrpm.com)
  • This paper provides a new tractable, quantitative framework to examine the role of inter-industry productivity spillovers in this development process. (uni-muenchen.de)
  • 6 Bourgeois ideology and economics may wish coal could be turned into capital, but Marx showed that the only part of capitalist production that can increase the size of capital is exploited human labour. (isj.org.uk)
  • In international economics, the relationship is known as the Balassa-Saumaulson effect, a productivity-based explanation of why price levels tend to be lower in low-income countries, after adjusting for exchange rates. (arkansaseconomist.com)
  • But economics is a logical, deductive, human science about real people acting in the real world, with all the dynamism, unpredictability, and creativity that entails. (mises.org)
  • That's one reason I'm attracted to the "Austrian" approach to economics, which has always placed the entrepreneur at the front and center of production and exchange - not an incidental actor who steps in to introduce novelty then fades into the background as the "normal" market process resumes. (mises.org)
  • 2 [email protected] PhD in Labour Economics, LEST-CNRS UMR 6123, 35 avenues Jules Ferry, 13626 Aix en Provence Cedex, Université de la Méditerranée. (pdfhall.com)
  • The authors quantify these differences, and examine their determinants. (worldbank.org)
  • When the supply of water is blocked or disrupted, this will have a great impact on organic life, for water is, as we all know, one of the bare necessities of life for human beings, other animals, and plants. (logosjournal.com)
  • Two recent events illustrate this impact on the living conditions of human beings. (logosjournal.com)
  • It is true to say that mankind has developed the sufficient technical and productive capacity to sustain a social system in which wealth is freely available to all human beings. (worldsocialism.org)
  • Let's start from the premise that all human beings, just by virtue of being human, are entitled to certain basic conditions of freedom and dignity which have to be respected by others, not just by other individuals but also, and especially, by people in power and by states. (againstthecurrent.org)
  • Kohei Saito's Karl Marx's Ecosocialism: Capital, Nature, and the Unfinished Critique of Political Economy (KME) deals with how Marx conceived of the metabolism between humankind and nature. (logosjournal.com)
  • It is widely believed that Marx adapted the labour theory of value from Ricardo as a founding concept for his studies of capital accumulation. (davidharvey.org)
  • While the steps in the argument are complicated, Marx appears to have done little more than synthesize and formalize Ricardo's labour theory of value by embedding it in the totality of circulation and accumulation as depicted in Figure 1. (davidharvey.org)
  • There are relatively few analyses of inter-country disparities in physical capital accumulation1 and of disparities in the composition and the technological level of the physical capital stocks.2 This paper intends to contribute to the closing of this gap by examining the manufacturing sector from the point of view of the factors involved in the production activity. (idm.at)
  • They find that the new technology changed the returns to fertilizers, irrigated land, and capital, all of which proved scarce to varying degrees, Complementing technology-related changes in factor use were investments - public and private - driven in part by policy. (worldbank.org)
  • On the other hand foreign direct investment (FDI) driven physical capital accumulation began, partly in the form of in-kind investments, but also in the form of purchases of used and new capital equipment. (idm.at)
  • Originality/value: This work enables the advancement in knowledge of mentoring in business and provides empirical evidence of its usefulness to staff of human resources. (arastirmax.com)
  • Advances in technology, accumulation of machinery and other capital, and better education and human capital, are all factors that lead to increased economic output over time. (wikipedia.org)
  • Technology Differences Over Space and Time. (uni-muenchen.de)
  • Manufacturing productivity rose more rapidly during this decade than ever before or since, the open shop (which banned union contracts) prevailed everywhere, the Republican Party of big business reigned supreme, and the stock market broke all records. (versobooks.com)
  • We evaluate how country-level entrepreneurship-measured via the national system of entrepreneurship-triggers total factor productivity (TFP) by increasing the effects of Kirznerian and Schumpeterian entrepreneurship. (springer.com)
  • Furthermore, to what extent can these productivity gaps be explained by reasons other than the countries' factor endowments? (springer.com)
  • What makes the difference is its finalisation and the socio-economic and environmental impact that it produces on the fabric of our society and the physical environment in which we live ( Edler and Fagerberg 2017 ). (mdpi.com)
  • Underlying our approach to the relationship between country-level entrepreneurship and productivity are three elements that constitute the cornerstones upon which we built the study. (springer.com)
  • A substantial body of research demonstrates that women are underrepresented at higher levels of business and academe because of the influence of gender schemas and the accumulation of disadvantage that such schemas generate. (nationalacademies.org)
  • In most countries, the difference between GDP and GNI are modest so that GDP can approximately be treated as total income of all the inhabitants as well, but in some countries, e.g. countries with very large net foreign assets (or debt), the difference may be considerable. (wikipedia.org)
  • This paper studies differences in health care usage and health outcomes between low- and high-income individuals. (stlouisfed.org)
  • Despite geographic proximity, similar climate, and other shared characteristics, gains in productivity, and income differed significantly among the countries. (worldbank.org)
  • A lot of researches show that human capital is playing a more and more significant role in the development of national culture or society or economy or employment or income and so on [ 5 - 8 ]. (hindawi.com)
  • Generally, the formation of human capital mainly depends on the input of education, health and income, and so forth [ 10 , 11 ]. (hindawi.com)
  • The differences among education investment, health investment, and family economic income invariably tend to raise up the differences of human capital stock directly [ 12 , 13 ], while the differences of human capital will lead to the differences of their effects. (hindawi.com)
  • Policy proposals range from carbon caps and extraction moratoria to a basic citizens' income, a reduced working week, a reclaim of resource commons and a debt jubilee, as well as a radical restructuring of the tax system with carbon instead of income taxes, salary caps and capital taxes. (countercurrents.org)
  • Current income with capital appreciation as a secondary goal. (streetinsider.com)
  • Transformation and modernization have been accompanied by major changes in the composition of the physical capital stock of the Hungarian manufacturing sector. (idm.at)
  • By capital widening I mean the accumulation of physical capital which occurred as a result of the introduction of new, previously non-existing industries. (idm.at)
  • The stock of physical capital increased due to an inflow of a large volume of greenfield investments and to the quick capacity increase with the run-up of production. (idm.at)
  • It's a simple and basic model which focuses on physical capital per worker. (ipl.org)
  • The model accounted for (1) the effect of COPD mortality and morbidity on labour supply, (2) age and sex specific differences in education and work experience among those affected by COPD, and (3) the impact of COPD treatment costs on physical capital accumulation. (bvsalud.org)
  • It is the circulation of money as capital (chapter 5) that consolidates the conditions for the formation of capital's distinctive value form as a regulatory norm. (davidharvey.org)
  • But the circulation of capital presupposes the prior existence of wage labour as a commodity that can be bought and sold in the market (chapter 6). (davidharvey.org)
  • A simple but crude analogy for Marx's argument might be this: the human body depends for its vitality upon the circulation of the blood, which has no being outside of the human body. (davidharvey.org)
  • Value formation likewise cannot be understood outside of the circulation process that houses it. (davidharvey.org)
  • The mutual interdependency within the totality of capital circulation is what matters. (davidharvey.org)
  • Ultimately, obesity results from a long-standing imbalance between energy intake and energy expenditure, including energy utilization for basic metabolic processes and energy expenditure from physical activity. (msdmanuals.com)
  • In standard human capital models, individuals make choices in an economic environment in which prices and incomes are determined primarily by technologies of production. (democracyjournal.org)
  • The economic development needs the support of human capital. (scirp.org)
  • A bit more trust could make a big difference in achieving greater overall economic prosperity. (deloitte.com)
  • Since American economist Schultz put forward Human Capital Theory in 1960s, the Human Capital Theory and its impact on social and economic development are one of the hot research issues for specialists and scholars at home and aboard. (hindawi.com)
  • Human capital usually has greater appreciation of space than material capital and other production factors, especially in the postindustry era and in the stage of rapid economic knowledge development. (hindawi.com)
  • The Universal Declaration of Human Rights established 60 years ago, for instance, talks about economic, social and cultural rights, and fierce debate about it still goes on. (againstthecurrent.org)
  • According to this view, the adjustment programme set in motion a domestic deflationary process that helped restore external competitiveness and, thus, improve economic performance. (cepr.org)
  • Capital stock: Capital available for production in terms of monetary value at one point of time. (ipl.org)
  • In comparison, with the exception of slavery, in pre-capitalist class societies, households organized through marriage and kinship were the basic unit for organizing the production of material goods as well as human care. (solidarity-us.org)
  • The rapid creation and production of new technologies poses challenges to the accumulation and acquisition of knowledge. (pdfhall.com)
  • The concept of capital as a process - as value in motion - based on the purchase of labour power and means of production is inextricably interwoven with the emergence of the value form. (davidharvey.org)
  • The spread of a world capitalist way of life is visible in similar consumer habits (McDonald's) and architecture (skyscrapers), but has its deep cause in the dominance of value production, of productivity, of the capital-wage labour couple. (libcom.org)
  • With colleagues, he has authored or edited five books, including An African Green Revolution: Finding Ways to Boost Productivity on Small Farms, a forthcoming volume from Springer, and The Clean Development Mechanism: An Early History of Unanticipated Outcomes, a forthcoming volume from World Scientific. (worldbank.org)
  • Purpose: Mentoring is a practice to encourage the development of human resources increasingly used by companies. (arastirmax.com)
  • While liberal emphases on independence, the rational development of human capital, and the expansion of entrepreneurial practices remain constant between these two eras, I contend that neo liberal forms of governmentality manifest some important differences worth investigating further vis-à-vis their impact on contemporary giving. (ssrc.org)
  • Previous researches have proved the positive effect of creative human capital and its development on the development of economy. (hindawi.com)
  • Studies of brain structure and function, of hormonal modulation of performance, of human cognitive development, and of human evolution provide no significant evidence for biological differences between men and women in performing science and mathematics that can account for the lower representation of women in these fields. (nationalacademies.org)
  • [2] Karamoja remains the least developed part of the country with lower human development indicators due to limited access to school, poor infrastructure resulting in abject poverty and regional inequality. (grin.com)
  • From these perspectives, the VAE process comes within active public policies: a way of recognition and updating individual experience, a tool of development of employability. (pdfhall.com)
  • Public insurance-which is designed to insure large expenditures-amplifies these differences by hampering the incentives of the poor to invest in preventive health. (stlouisfed.org)
  • As a result, high-skill (low-skill) individuals invest in their stock of human capital beyond (below) what is optimal if the true obsolescence frequency was known to them. (lu.se)
  • It's becoming increasingly obvious, more widely acknowledged and rapidly being operationalized that human nature lies at the root of our problems with climate. (skepticalscience.com)
  • This latest effort to remake agriculture in the image of capital-this time, as a composite of agro-export platforms whose variance with the global factory can be found only in the former's direct relation with the soil-has entered a phase of rapidly declining returns for capital as a whole. (monthlyreview.org)
  • The third key outcome of the project is the detailed analyses regarding the notion of competitiveness in the context of the globalization process (accelerated by multinational corporations and other forms of global capital mobility, such as foreign direct investment) and the changing nature of the role of the state. (sav.sk)
  • Dauvé argues that all crises are crises of social reproduction, and analyses in detail the similarities and differences between the current crisis and previous crises. (libcom.org)
  • The general human capital contains social average knowledge stock and the ability of analysis, computing ability, learning ability, and adaptability, and the corresponding social role is the division of ordinary workers. (hindawi.com)
  • Additional studies are required to identify causes of epilepsy, human and porcine cysticercosis, the role of spatial clustering, and protective factors like host-pathogen immunity. (cdc.gov)
  • This has led not only to substantial c​apital widening but also to significant capital deepening. (idm.at)
  • Yet the historical record shows that differences in the relative bargaining power of employers and workers have interacted with other dimensions of inequality, including gender, sexuality, race, and ethnicity, to limit the spaces of feasible choice. (democracyjournal.org)
  • This paper seeks to apply Human Capital Theory and Human Rights approach to critically analyse benefits of basic education in poverty reduction and realisation of regional equality in Northern Uganda. (grin.com)
  • Yes, local-regional transformations have always generated powerful contradictions that shaped in decisive ways the geography and timing of world accumulation and world power. (monthlyreview.org)
  • I'm also pretty sure that there's wide agreement - no doubt universal agreement, in an audience like this - that those basic conditions of freedom and dignity include certain irreducible civil liberties and political rights, freedom of speech, freedom of thought and assembly, the right to due process of law, the right to vote, and so on. (againstthecurrent.org)
  • Also, the right to protect one's health belongs to the basic human rights and the necessary prerequisites to achieve the best possible state of health must be guaranteed to everyone - every Estonian must have a possibility to live in an environment supporting health and an opportunity to make healthy choices. (who.int)
  • It) is the percentage difference in earnings in the child's generation associated with the percentage difference in the parental generation. (riazhaq.com)
  • No humans with (N = 17) or without (N = 12) epilepsy had serological evidence of cysticercosis infection. (cdc.gov)
  • Globalization and human capital investment: Export composition drives educational attainment. (uni-muenchen.de)
  • As described in Chapter 4 , small but consistent differences in evaluation, often caused by gender bias, can have a sustained and substantial impact on career outcomes. (nationalacademies.org)
  • That is a substantial difference and one of the key points to understand Dr. Murphy's argument. (consultingbyrpm.com)
  • The third paper develops a task-based framework which incorporates decisions on human capital investment based on the concepts of the psychometric literature on skill formation. (lu.se)
  • If capital per worker be too high as that would increase depreciation over investment. (ipl.org)
  • If the capital per worker is low, investment would decrease depreciation. (ipl.org)
  • The investment makes the capital stock bigger. (ipl.org)
  • 3. Investment: The addition to the capital stock in any one period of time. (ipl.org)
  • In the process of government interference with saving and investment, Paul in the year 1940 saves by paying one hundred dollars to the national social security institution. (consultingbyrpm.com)
  • The biggest difference the family makes is in terms of education and training of the children. (riazhaq.com)
  • Mises couches the discussion in terms of capital accumulation. (consultingbyrpm.com)
  • Abstract labour is the substance of value and hence capital. (libcom.org)
  • This puts capital per worker as constant. (ipl.org)
  • So, in this case, both capital per worker and output per worker should be the same. (ipl.org)
  • In capital's case, however, the process appears as not only self-reproducing (cyclical) but also self-expanding (the spiral form of accumulation). (davidharvey.org)