Solowian view on miracle growth rate in NIEs as a result of productivity growth whereas many others (e.g. Krugman [1997]) convince that broad capital accumulation is only true engine underlying NIEs’ growth. Krugman’s view is correct in the short and mid terms, however in the long term, TFP is the main engine of growth. We underpin the importance of …xed costs, qualities of human capital, knowl...

Using the large variation in the inflow of immigrants across US states we analyze the impact of immigration on state employment, average hours worked, physical capital accumulation and, most importantly, total factor productivity and its skill bias. We use the location of a state relative to the Mexican border and to the main ports of entry, as well as the existence of communities of immigrants...

Coupons are collected one at a time from a population containing n distinct types of coupon. The process is repeated until all n coupon have been collected and the total number of draws, Y , from the population is recorded. It is assumed that the draws from the population are independent and identically distributed (draws with replacement) according to a probability distribution X with the prob...

Coupons are collected one at a time from a population containing n distinct types of coupon. The process is repeated until all n coupons have been collected and the total number of draws, Y , from the population is recorded. It is assumed that the draws from the population are independent and identically distributed (draws with replacement) according to a probability distributionXwith the proba...

We present an assessment of the effect of rotational losses on an induction machine. The assessment provides an estimate of the iron losses in an induction machine by three methods, all of which rely on the output data of a two-dimensional finite-element method: 1) calculating iron losses as if they were produced by a purely alternating field; 2) calculating the iron losses by adding the losses...