This paper tests whether the Solow model augmented with multiple forms of human capitals can explain cross-country difference in growth and investigates the effect of health on the growth of per capita income. Following Knowles and Owen (1995), we introduce both education human capital and health human capital into the textbook Solow model and extend their cross-section analysis to a dynamic pa...

In this investigation a non-equilibrium thermodynamic model of the temperature dependent biological growth of a living systems has been analyzed. The results are derived on the basis of Gompertzian growth equation. In this model, we have considered the temperature dependent growth rate and development parameter. The non-equilibrium thermodynamic model is also considered for exploring the variat...

This paper tests whether the Solow model augmented with multiple forms of human capital can explain cross-country difference in growth and investigates the effect of health on the growth of per capita income. Following Knowles and Owen (1995), we introduce both education human capital and health human capital into the textbook Solow model and extend their cross-section analysis to a dynamic pan...

The generalized method of moments (GMM) is a very popular estimation and inference procedure based on moment conditions. When likelihood-based methods are difficult to implement, one can often derive various moment conditions and construct the GMM objective function. However, minimization of the objective function in the GMM may be challenging, especially over a large parameter space. Due to th...

The recently proposed “generalized min-max” (GMM) kernel [9] can be efficiently linearized, with direct applications in large-scale statistical learning and fast near neighbor search. The linearized GMM kernel was extensively compared in [9] with linearized radial basis function (RBF) kernel. On a large number of classification tasks, the tuning-free GMM kernel performs (surprisingly) well comp...

The primary concern of this examination is to systematically survey the importance inclusive access finance on growth in terms economy 48 sub-Saharan African (SSA) sovereign states with periodicity from 1995 2017. This study reports results using both static and dynamic estimation techniques. For consistency, baseline finding based Generalized Method Moments (GMM) system GMM. article finds that...

E-commerce plays a crucial role in the digital economy. can reduce costs and boost economic growth. Therefore, global rate of is increasing very fast, which has implications for This study analyses impact e-commerce on environmental sustainability. The empirical analysis employed OLS, 2SLS, GMM, panel quantile regression methods using data 10 European economies spanning over 2002–2019. Carbon e...