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Capital deepening

About: Capital deepening is a research topic. Over the lifetime, 5203 publications have been published within this topic receiving 230297 citations.


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Journal ArticleDOI
TL;DR: This paper explored the relationship between inequality of opportunities, inequality of outcomes, and aggregate efficiency in human capital formation and found that a higher degree of inequality of opportunity is associated with lower average level of human capital, a lower fraction of individuals investing in human resources, and higher inequality in the distribution of human resources.

45 citations

Journal ArticleDOI
TL;DR: Based on the empirical evidence from China's 30 provinces, this paper established an evaluation index system of China's industrial green development and applied the analytic hierarchy process to determine the indices' weights and properties to measure the level of green development in China.
Abstract: Nowadays, with the green economy becoming mainstream in the world, an industrial revolution as the core of green development has emerged. Based on the empirical evidence from China’s 30 provinces, this study establishes an evaluation index system of China’s industrial green development and applies the analytic hierarchy process to determine the indices’ weights and properties to measure the level of industrial green development in China’s 30 provinces. Then, an empirical study is conducted to explore the relevant factors influencing China’s industrial green development by using the dynamic panel data model and a panel threshold test. The results show that China’s level of industrial green development has the characteristic of typical regional differentiation with a ladder-like distribution from the east and middle to the west, and the eastern region has the highest level on industrial green output, industrial green efficiency and industrial green innovation. Technological progress and innovation can stimulate industrial green development. The impact of environmental regulation and foreign investment on industrial green development presents a nonlinear “N”-type trend, and the positive effects are mainly observed in eastern China. Capital deepening, heavy chemical industries and an unreasonable energy structure are not effective in industrial green development. There is no direct relation between the enterprise scale and industrial green development.

45 citations

Journal ArticleDOI
TL;DR: In this paper, the authors examined the effects of mortality decline on fertility and human capital investment decision of parents taking into account the uncertainty about child survival and proposed a model, where parents decide on their fertility before the uncertainty is realized, but they choose to invest only in human capital of their surviving children.
Abstract: I examine the effects of mortality decline on fertility and human capital investment decision of parents taking into account the uncertainty about child survival. I propose a model, where parents decide on their fertility before the uncertainty is realized, but they choose to invest only in human capital of their surviving children. The model implies a positive relationship between mortality and fertility and a negative one between mortality and educational investment. It has been argued elsewhere that as, in reality, most of the mortality decline occurred in infancy, it should not affect the human capital investment decision, which comes later in life. Thus, increased survival chances should not promote growth by raising the human capital investment. This paper argues the contrary and proposes a mechanism where mortality decline at any age before the teen years can promote growth by raising human capital investment regardless of the timing of the educational investment.

45 citations

Report SeriesDOI
01 Jan 1992
TL;DR: In this article, a gradual dismantling of capital controls is recommended, based on progress made in tax reform, exchange rate management, enforcement of bank competition and supervision, and solving domestic banks' bad-loan problems.
Abstract: • Advanced developing countries are increasingly encouraged to remove existing capital controls, but mixed experiences with capital account opening caution that reform must be carefully designed to increase efficiency and growth without compromising stability • A gradual dismantling of capital controls is recommended, based on progress made in tax reform, exchange rate management, enforcement of bank competition and supervision, and solving domestic banks' bad-loan problems

45 citations

Journal ArticleDOI
TL;DR: In this article, a time-series calculation of the aggregate price mark-up reflecting the degree of imperfect competition in the product market, and estimates of the elasticity of substitution under such product market imperfections are provided.

45 citations


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Performance
Metrics
No. of papers in the topic in previous years
YearPapers
202326
202242
202126
202031
201932
201848