Good understanding on the human capital externalities is important for both policy
makers and social science researchers. Economists have speculated for at least a century that the social returns to education may exceed ...
Neary, J. Peter(University College Dublin. School of Economics, 1993-09-11)
This paper examines the responsiveness of real income and the balance of payments to external shocks in a small open economy. It is shown that tariff restrictions and age rigidities tend to increase responsiveness and quota ...
A quality ladder model is used to test for Marshallian externalities in innovation. The model predicts that, in the absence of spillovers, the geographical distribution of research should be the same as that of production. ...
A quality ladder model is used to test for Marshallian externalities in innovation. The model predicts that, in the absence of spillovers, the geographical distribution of research should be random.