Kevin Sylwester

TL;DR: In this paper, the authors explore transition mechanisms that might link the two and find that although public education expenditures are positively associated with future economic growth, the contemporaneous effect upon growth is negative, which may explain the lack of a large, positive effect from the growth of human capital upon economic growth.

TL;DR: The authors empirically examined whether devoting more resources to education can positively affect the distribution of income (as measured by the Gini coefficient) within a country, and found that public education expenditures appear to be associated with a subsequent decrease in the level of income inequality.

TL;DR: In this article, the authors apply the fixed-effects two-stage least squares approach to a panel of 71 developing countries over the period 2002-2011 and find that while banks have some ability to reduce poverty, MFIs do not, at least at the aggregate level.

TL;DR: This paper applied the stochastic frontier production model to the lower 48 U.S. states over the period 1977-2000 to decompose the sources of total factor productivity (TFP) growth into technological progress, changes in technical efficiency, and changes in economies of scale.

TL;DR: This article examined the relationship between R&D and economic growth in 20 OECD countries using a multivariate regression and found that there is not a strong association between the two, but when considering only G-7 countries, there is reported to be a positive association between industry research and development expenditures.