Empirical evidence on three assertions commonly-made by population policy advocates about the relationships among population growth, human capital formation and economic development is discussed and evaluated in the light of economic-biological models of household behavior and of its relevance to population policy. The three assertions are that (a) population growth and human capital investment...

To finance expenditures on goods and services and government programs, governments levy taxes on many different economic activities. Large countries tend to raise much of their revenue by taxing income. For example, in the United States, taxes are levied on capital income, such as profits and interest, and also on labor income, such as wages and salaries. Taxes on income affect economic activit...

the theoretical base of this paper is the economic growth model that completed with capital stocks (private and public) and human capital. at the first, hypothesis test about constant returns to scale is studied, and then the related variables with macroeconomic policies are added to the model. the results show that 1) the aggregate production function exhibits increasing returns to scale, 2) p...

This paper revisits the Lucas paradox by quantifying empirically the relevance of a specific set of policies — restrictions on international capital flows — in shaping the patterns of capital movements at various stages of economic development. The determinants of the direction of capital flows, and their relation to economic development, constitute an important topic in open economy macroecono...

The gap between the world's rich and poor countries largely comes down to the financial and physical assets that create wealth. Developed economies possess more of this capital than developing ones, and what they have usually incorporates more advanced technologies. The implication is clear: A key aspect of economic advancement lies in poorer nations' capacity to acquire more capital and scale ...

abstract considering the role of health in human life, economic growth and social development, we can express that; human source is both means and aim of economic growth. in prior studies about human capital and economic growth, the main emphasis was on educational capital and the role of health capital was not considered seriously. the present study tries to investigate the relationship betwee...

Beginning in the mid-1980s, the phenomenon of capital flight from developing countries received considerable attention in the economics literature. Capital flight destroys the domestic macroeconomic environment and decreases transparency and accountability. It restricts financial resources when a country is looking for economic growth and development. The purpose of this article is to measure t...

Urban economists have put forward the idea that cities that are culturally interesting tend to attract “the creative class” and, as a result, end up being economically successful. Yet it is still unclear how economic and cultural dynamics mutually influence each other. By contrast, that has been extensively studied in the case of individuals. Over decades, the French sociologist Pierre Bourdieu...

In recent years substantial progress has been achieved in the field of ecological economics for clarifying human-nature interrelations. The fundamental role of the lifesupport functions of the environment (Odum, 1975) for economic development and sustainability has entered from ecology into economics, and has started to be theoretically as well as empirically analyzed. This has, in part, given ...

An institute’s economic capital allocation taking efficiency aspects into account requires the coexistence of a certain centralisation and delegation. On the one hand information pooling concerning portfolio optimization kind considerations is afforded. On the other hand exclusively possessed knowledge by decentralized entities has to be used through delegation of decision rights. Information a...