Tax avoidance, human capital accumulation and economic growth

Capital Accumulation and Economic Growth

Overview In this chapter we examine the relationship between increases in the capital stock and economic growth. We first discuss whether an economy can always grow if it increases only its capital stock. Under certain plausible assumptions, we show this is not possible, and that poorer countries should therefore grow faster than wealthy ones, whose economies will depend more on technological p...

Renewable Resources , Capital Accumulation , and Economic Growth

This paper proposes a dynamic economic model with physical capital and renewable resources. Different from most of the neoclassical growth models with renewable resources which are based on microeconomic foundation and neglect physical capital accumulation, this study proposes a growth model with dynamics of renewable resources and physical capital accumulation. The model is a synthesis of the ...

Investigating the Economic Growth Response of Developing Countries to Shocks Caused by Financial Development and the Accumulation of Human Capital

The aim of this study is to investigate the reaction of the economic growth of developing countries against the shocks caused by financial development and the accumulation of human capital in 2019. The research method is applied in terms of purpose and semi-experimental in terms of data collection method and post-event approach (through past information) and descriptive-correlation research typ...

Health investment, physical capital accumulation, and economic growth

Article history: Received 18 November 2011 Received in revised form 16 June 2012 Accepted 16 July 2012 Available online 21 July 2012 This paper analyzes the effect of health investment, and hence of health capital, on physical capital accumulation and long-run economic growth in an extended Ramsey model with an Arrow– Romer production function and a Grossman (1972) utility function. The paper c...

Economic Freedom, Economic Growth And Governments Tax Revenue In (MENA)