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The Accumulation of Physical Capital

Why England? Demographic factors, structural change and physical capital accumulation during the Industrial Revolution

Why England? Demographic factors, structural change and physical capital accumulation during the Industrial Revolution

... on capital deepening and the use of more differentiated capital ...with capital externalities, these fluctuations interact with the demographic regime and affect the speed of ...

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On the empirics of capital accumulation and economic growth

On the empirics of capital accumulation and economic growth

... The results in favor of the Rebelo model do not support the existence of aggregate economies of scale, neither to the accumulation of physical capital as suggested by Romer (1987), nor t[r] ...

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From Physical to Human Capital Accumulation: Inequality and the Process of Development

From Physical to Human Capital Accumulation: Inequality and the Process of Development

... industrialization physical capital is scarce, the rate of return to human capital is lower than the rate of return to physical capital and the process of development is fueled by ...

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The Stock Market and Capital Accumulation

The Stock Market and Capital Accumulation

... This paper asks if the value of corporate securities, interpreted as a measure of the quantity of capital, behaves reasonably. The answer is basically yes. Much of the increase in the market values of firms in the ...

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Natural Disasters and Human Capital Accumulation

Natural Disasters and Human Capital Accumulation

... to physical capital, whereas geologic disasters affect primarily human ...human capital, after controlling for other differences (see Gertler, Levine, and Ames ...human capital accumu- lation ...

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Natural disasters and human capital accumulation

Natural disasters and human capital accumulation

... From a theoretical point of view, the effect of natural disaster risk on educational investments is not unambiguous. Skidmore and Toya (2002) argue that to the extent that natural catastrophes reduce the expected return ...

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Redistribution, Pension Systems and Capital Accumulation

Redistribution, Pension Systems and Capital Accumulation

... The usual result is that the Bismarckian systems provide more incentives to accumula- te human and physical capital and thus induce a higher growth rate than the Beveridgei- an pension systems. But in fact, ...

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Financial integration, productivity and capital accumulation

Financial integration, productivity and capital accumulation

... more capital, while government expenditure tends to crowd out ...of physical capital is lower where financial intermediation (as proxied by privo) is higher and has grown less (the latter is not ...

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Oligopoly with Hyperbolic Demand and Capital Accumulation

Oligopoly with Hyperbolic Demand and Capital Accumulation

... the accumulation of capacity for production is taken into ...accumulate physical capital ...(1956) capital accumulation dynamics with costly investments, while the second is based on ...

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Transitory shocks and long-term human capital accumulation: the impact of conflict on physical health in Peru

Transitory shocks and long-term human capital accumulation: the impact of conflict on physical health in Peru

... the capital of the country and by the dynamics of the confrontation between the main actors of the conflict, both of which can be taken as orthogonal to inequality trends –for instance, moving the conflict from ...

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Capital depreciation and waste accumulation in capital resource economies

Capital depreciation and waste accumulation in capital resource economies

... the capital produced at t still exists and has not ...produced capital by way of a state equation, rather than a differential equation as usually ...the capital stock is not only economic ...

8

The Accumulation of Capital, by Investing in Mutual Funds

The Accumulation of Capital, by Investing in Mutual Funds

... The emergence of a mechanism for collective investments was due to the fact that independent operations on financial markets were often not available to private investors. The main reason is the lack of knowledge in this ...

5

The Development of Health and Human Capital Accumulation

The Development of Health and Human Capital Accumulation

... the physical, socio-emotional and circumstantial development of a sample of children born in the United Kingdom between 2000 and ...and physical health of the cohort members as well as detailed information ...

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Human Capital Accumulation: Education and Immigration

Human Capital Accumulation: Education and Immigration

... Figure 12 Aggregate Growth Effects (alternative migration options) But what of per capita benefit? Importantly, endogenous growth theory adds a new understanding of how such benefit may indeed be derived from population ...

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Financial Integration and Capital Accumulation

Financial Integration and Capital Accumulation

... impact capital accumulation when countries differ in the effi- cacy of internal financial markets? We examine this question within a two-country incomplete- markets model featuring a specific financial ...

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Sovereign Default and Capital Accumulation

Sovereign Default and Capital Accumulation

... of capital. Moreover, The economy with a large amount of capital can maintain its consumption during autarky with the accumulated capital, leading to an increase in the value of ...

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Corporate taxation and capital accumulation

Corporate taxation and capital accumulation

... 5.4 Additional tax variables The basic neoclassical investment theory also suggests that the e¤ects of corporate taxes on capital accumulation are summarised by this tax component of the user cost of ...

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Demographic structure and capital accumulation

Demographic structure and capital accumulation

... keep capital per capita ...maximizes capital per capita. The existence of this capital maximizer implies that (i) the sign of the impact of demographic growth on capital per capita is ...

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Capital Accumulation and Habit Formation

Capital Accumulation and Habit Formation

... and capital ac- ...capital accumulation. However, in an economy with productive capital two complications ...with capital accumulation higher savings imply a rise in the ...

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Oligopoly banking and capital accumulation

Oligopoly banking and capital accumulation

... Abstract We develop a dynamic general equilibrium model of capital ac- cumulation where credit is intermediated by banks operating in a Cournot oligopoly. The number of banks affects capital ...

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