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Endogenous Technical Progress in the Theory of Economic Growth

open access: goldISRN Economics, 2014
It is shown that substitutive work, which can be defined as work of production equipment (capital stock) replacing the efforts of workers in production processes, can be considered as a measure of technical progress. The methods of estimation of substitutive work are discussed. The theoretical results are illustrated on the data for the US. economy.
Vladimir N. Pokrovskii
openalex   +3 more sources

Research on the Endogenous Growth Theory and Chinese Economic Growth [PDF]

open access: goldProceedings of the 2016 4th International Conference on Management Science, Education Technology, Arts, Social Science and Economics (msetasse-16), 2016
Danlin Li
openalex   +4 more sources

Crafting an Endogenous Developmental Pathway for the Mgobodzi Community, South Africa

open access: yesAfrican Journal of Inter-Multidisciplinary Studies, 2021
The Mgobodzi community of the Nkomazi Municipality is perceived as one of the most poverty-stricken and under-developed communities in South Africa. As an agendum to alleviating poverty, the government has employed a variety of developmental initiatives ...
Olayemi Bakre, Nirmala Dorasamy
doaj   +1 more source

Financial Ecological Environment, Financing Constraints, and Green Innovation of Manufacturing Enterprises: Empirical Evidence From China

open access: yesFrontiers in Environmental Science, 2022
In the carbon neutrality strategy, facilitating the green innovation of enterprises and promoting industrial upgradation have become a key issue. We explore the relationship between the financial ecological environment, financing constraints, and green ...
Linhai Zhao, Yajun Wang
doaj   +1 more source

Fiscal Deficit, National Saving and Sustainability of Economic Growth in Emerging Economies: A Dynamic GMM Panel Data Approach [PDF]

open access: yesInternational Journal of Economics and Financial Issues, 2012
The neoclassical growth models argued that the movement to steady states; technology, exogenous rate of savings, population growth and technical progress stimulate higher growth levels (Solow 1956).
Buscemi Antonino, Yallwe Hagos Alem
doaj   +7 more sources

Local economic development in theories of regional economies and rural studies [PDF]

open access: yesEkonomika Poljoprivrede (1979), 2016
In this paper is a detailed analysis of the basics in the theory of economic development during the period from mid last century until today. It states the most significant theories, points out their ranges, offers a critical review regarding their ...
Kačar Bahrija   +2 more
doaj   +1 more source

Knowledge Accumulation, Privacy, and Growth in a Data Economy [PDF]

open access: yesManagement Science, 2021, 2021
We build an endogenous growth model with consumer-generated data as a new key factor for knowledge accumulation. Consumers balance between providing data for profit and potential privacy infringement. Intermediate good producers use data to innovate and contribute to the final good production, which fuels economic growth.
arxiv   +1 more source

Statistical Dynamics of Wealth Inequality in Stochastic Models of Growth [PDF]

open access: yes, 2021
Understanding the statistical dynamics of growth and inequality is a fundamental challenge to ecology and society. Recent analyses of wealth and income dynamics in contemporary societies show that economic inequality is very dynamic and that individuals experience substantially different growth rates over time.
arxiv   +1 more source

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