CHECK THESE SAMPLES OF Contribution of Capital in Growth
Swain and Zhang (1997) analyzed the data of FDI in China for the period of 1978-92 and have used GDP and real GDP growth rate.... Liu et al (1997) using GDP, GDP growth, wages, reached to the conclusion that the size of market s the fourth most significant economic determinant for the pledged FDI in China.... Their empirical results showed that the rate of growth of real GDP was significantly related to attracting MNEs in China.... Multinational companies play a key role in connecting rich and poor economies and in transferring capital, wisdom, thoughts and system of value across borders....
9 Pages
(2250 words)
Essay
HUMAN CAPITAL EXPLANATION OF THE contribution of EDUCATION AND TRAINING IN THE ECONOMY Date Human Capital Explanation of the contribution of Education and Training in the Economy There has been consensus across board that education and training are critical to economy of any given country.... It is in the light of this, that this essay seeks to explain the human capital explanation of the contribution of education and training in the economy....
6 Pages
(1500 words)
Essay
This paper talks about the influence that the tax system exerts on economic growth.... By changing taxation policies, governments can raise revenue to fund investment, promote equity, discourage production of other products and encourage growth sensitive industries.... hellip; Tax system plays a huge role with respect to rescuing ailing economy and increasing its growth prospect overtime.... In other words, without investments, innovation, production and risk taking there will be nothing about economic growth....
9 Pages
(2250 words)
Essay
In addition, the bullion trade with the Americas created a concentration of capital that allowed for the economies of scale required for the promotion of the specialization of labor and large-scale investments.... he formulation of the Industrial Revolution demanded a ready supply of capital for investment.... The real growth in trade would not take place until the 1840s when Clipper Ships were able to make more voyages and handle more fragile cargo (Jones)....
3 Pages
(750 words)
Essay
Aside from the growth rate of capital stock, the quantity and quality of labor, and the improvements in the way capital and labor are used are important determinants of economic growth, said Lindsey (1997) further.... Economic growth means additional earnings of the country which can be used for public services and additional earnings of its… Two growth themes were presented by Adam Smith and these are the classical sectoral analysis and the classical aggregate growth (Niroomand & Nissan, 2008)....
4 Pages
(1000 words)
Essay
In all nations worldwide, variations in the country's growth have little contributions from variations in growth of the human capital, rising more serious concerns regarding initial schooling and subsequent growth, which is considered a reverse.... Growth of human capital in a country does not necessarily mean that their contribution to the growth of a country.... In fact, Easterner (77) is of the opinion that, the contribution of education growth and growth of a worker's output is negligible, stating that in some African countries, this growth is actually negative....
2 Pages
(500 words)
Essay
o begin with, the outright contribution of Joseph Stiglitz was to help establish the economics of information.... The arguments and notion of Thomas Piketty are valid and logical since it shows the existing relationship between capital profits or gains with economic growth and development.... hellip; capital as a form of investment reproduces itself over and over and in the end, capital earns a positive net return (Alvaredo, Facundo et al 11)....
11 Pages
(2750 words)
Essay
The human capital theory purports that “the relative contribution of individuals to growth depends on their human capital – the knowledge, skills, competencies and other attributes that are relevant to economic activity” and no doubt, the level of educational attainment better equip one to contribute to the economic growth of the nation in terms of human capital.... A further expectation is that widespread investment in human capital creates in the labour-force the skill-base indispensable for economic growth” (Marshall 1998)....
11 Pages
(2750 words)
Essay