We examine the effect of financial integration on capital stocks and income per capita, explicitly taking into account the division of output between tradable and non-tradable goods. Capital per worker in a financially integrated country is shown to depend on the size and relative capital-intensity of the tradable sector. Using a panel of 67 countries over the period 1976-1999, we show a weakly...

social capital is a multi-faceted phenomenon in social sciences that massively affects many social fields. it can be a helpful factor in promoting health. among the groups with high burnout, nurses have always shown higher levels of burnout. studies have revealed that social capital can be an important factor affecting burnout. this study aimed to determine the extent of the effect of social ca...

a r t i c l e i n f o In this paper, we analyze the social planner solution of an endogenous growth model with physical capital, human capital and R&D. The model incorporates three sources of inefficiency: monopolistic competition in the intermediate-goods sector, duplication externalities and spillovers in R&D. A complete stability analysis for the optimal growth problem of this model is provi...

I provide a typology of social capital, breaking it down into seven more fundamental forms of capital: information capital, brokerage capital, coordination and leadership capital, bridging capital, favor capital, reputation capital, and community capital. I discuss how most of these forms of social capital can be identified using different network-based measures. JEL Classification Codes: D85, ...

Evidential C-Means (ECM) is a technique for cluster analysis, which has a methodology based on the Dempster-Shafer theory of evidence (DST). To date this technique has been theoretically discussed but has had limited application. Based on DST, ECM facilitates the association of objects to sets of clusters, rather than simply a single cluster. One feature of ECM is the facility for classifying c...

BACKGROUND While hypertension is a common and treatable health problem, adherence to antihypertensive medication remains a challenge. This study examines the hypothesis that workplace social capital may influence adherence to antihypertensive medication among hypertensive employees. METHODOLOGY/PRINCIPAL FINDINGS We linked survey responses to nationwide pharmacy records for a cohort of 3515 h...

We study the effect of dynamic and investment externalities in a one-sector growth model. In our model, two agents interact strategically in the utilization of capital for consumption, savings, and investment in technical progress. We consider two types of investment choices: complements and substitutes. For each case, we derive the equilibrium and provide the corresponding stationary distribut...

We examine the relation between venture capital (VC) investments and mergers and acquisitions (M&A) activity around the world. We find evidence of a strong positive association between VC investments and lagged M&A activity, consistent with the hypothesis that an active M&A market provides viable exit opportunities for VC companies and therefore incentivizes them to engage in more deals. We als...

background: theoretically, a vital factor in development has been the resilience and strength of socio-economic system to confront instabilities and crises. the precaution, however, is that an error might be committed, where, instead of finding the root causes of diseases we are mobilizing the forces to confront the signs of illness, leaving the diseases to grow and damage the lesser developed ...