"This paper steps back from the current political debate [in the United States] over the social security trust fund and examines the more general question of how serious a macroeconomic problem aging is and how policy should respond to it. We focus primarily on issues relating to saving and capital accumulation. We do not consider the broader question of whether the current U.S. national savi...

undoubtedly, the capability and core competencies of employees help to achieve organization goals. consequently, organizations increase organizational learning capability with the help of intellectual capital, thereby providing improvement of productivity. the current study aims to explain the impact of intellectual capital on labor productivity, considering the mediation of organizational lear...

Purpose –This purpose of this paper is to examine and test the effects of human capital, organization capital, and social capital on knowledge productivity and the interactive effects between intellectual capital and knowledge productivity. Design/methodology/approach –This study adopts questionnaires to conduct a case investigation of the Taiwan Biotechnology Industry (TBI) and Taiwanese Pharm...

We decompose labor productivity growth into components attributable to technological change, technological catch-up, foreign capital deepening, domestic capital deepening, and human capital accumulation, thus separating the effects of foreign and domestic capital deepening on productivity growth and convergence. We apply nonparametric production-frontier methods to a worldwide 1980-2005 panel a...

abstract the purpose of this paper is to investigate the relationship between capital stock and increasing the productivity of labor and total factor productivity (tfp) in industrial groups of khorasan razavi province from 2003 to 2007. in order to this first, the available literature in this area and the importance of productivity was reviewed, also the history of productivity in asia and the ...

"This paper analyzes the interaction between income distribution, human capital accumulation and migration. It shows that when migration is not a certainty, a brain drain may increase average productivity and equality in the source economy even though average productivity is a positive function of past average levels of human capital in an economy. It is also shown how the temporary possibility...

This research analyzes manufacturing growth and decline across metropolitan and nonmetropolitan regions during the 1972–2002 period. We decompose real value added growth across local labor market areas in the lower 48 U.S. states into contributions from labor, capital, and total factor productivity. We then estimate a model describing the long-run growth of labor, capital, and productivity and ...

P roductivity promotion has received a key attention in contemporary macroeconomic analysis. Productivity of labor driven, in particular, by human capital (i.e. health and education), is seen vitally more important. Labor qualities in terms of health and education (treated as flow and stock variables), have a bearing on labor productivity. The main objective of this paper is to ident...

Output per worker is correlated with productivity (Solow residual) is 0.89: richer countries tend to be more productive and vice versa (Figure I). Productivity is also correlated with human capital: 0.52. Much of the differences between output in the US and in LDCs is due to differences in productivity rather than due to factor endowments (Table I). Capital intensity, human capital and producti...

......................................................................................................................... 3 Executive summary ....................................................................................................... 4 Formal learning and non-certified learning ................................................................................. 4 Foundation skills .......