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Full-Text Articles in Business

Decomposing Ldc Inequality, Gary S. Fields Sep 2015

Decomposing Ldc Inequality, Gary S. Fields

Gary S Fields

[Excerpt] At the present time, there is great interest among development economists in the problem of economic inequality in less developed countries (LDCs). Studies of the determinants of inequality follow either of two general approaches. The more traditional approach is associated with names like Kuznets (1963), Chenery and associates (1960, 1968, 1975), Adelman and Morris (1973), Ahluwalia (1976) and Chiswick (1971). These studies share a common methodology, consisting basically of looking at a cross-section of countries, and (1) measuring the degree of inequality in each, (2) measuring other characteristics of each country (e.g., level of GNP, its rate of growth, …


Private Returns And Social Equity In The Financing Of Higher Education, Gary S. Fields Sep 2015

Private Returns And Social Equity In The Financing Of Higher Education, Gary S. Fields

Gary S Fields

[Excerpt] A widespread phenomenon in developing countries has been the rapid growth of schools and institutions of higher learning resulting in a so-called ‘education explosion’. One possible explanation for the education explosion is that education is a profitable personal investment, as evidenced by high private rates of return. The high private returns are translated into demands on politicians for additional schooling spaces. To gain or maintain public favour, each politician uses his influence to try to increase the number of schools in his constituency. By this chain of events, growth of educational systems might be anticipated as long as private …


Changes In Poverty And Inequality In Developing Countries, Gary S. Fields Sep 2015

Changes In Poverty And Inequality In Developing Countries, Gary S. Fields

Gary S Fields

This paper presents new data on poverty, inequality, and growth in those developing countries of the world for which the requisite statistics are available. Economic growth is found generally but not always to reduce poverty. Growth, however, is found to have very little to do with income inequality. Thus the "economic laws" linking the rate of growth and the distribution of benefits receive only very tenuous empirical support here.


Development Of Integrated Intersectoral-Time Series Strategies To Investigate The Economic Significance Of Knowledge Sectors In The Illawarra, New South Wales, Ashkan Masouman, Charles Harvie Aug 2015

Development Of Integrated Intersectoral-Time Series Strategies To Investigate The Economic Significance Of Knowledge Sectors In The Illawarra, New South Wales, Ashkan Masouman, Charles Harvie

Ashkan Masouman

Integrating input-output (IO) analysis and econometric model has become increasingly popular for it combines the advantages of both models (Isard & Anselin, 1982; Moghadam & Ballard, 1988; Beaumont, 1990; Coomes et al., 1991; West, 1991; Treyz, 1993; Israilevich et al., 1996; Rey, 1998; Motii, 2005). There are a number of strategies through which an IO analysis is merged with an econometric model. This paper examines two strategies to build an integrated input-output econometric (IO-EC) model, namely coupling and holistic embedding, from both theoretical and practical perspectives. Each strategy is analysed based on their simulation and forecasting performance. Both strategies are …


App Newsletter 3, Riccardo Pelizzo Apr 2015

App Newsletter 3, Riccardo Pelizzo

Riccardo Pelizzo

third issue of the APP newsletter where we discuss the results of the Nigerian elections, the consequences of falling oil price, and the costs of instability


Work Groups And Teams In Organizations: Review Update, Steve W. J. Kozlowski, Bradford S. Bell Mar 2015

Work Groups And Teams In Organizations: Review Update, Steve W. J. Kozlowski, Bradford S. Bell

Bradford S Bell

This review chapter examines the literature on work team effectiveness. To begin, we consider their nature, define them, and identify four critical conceptual issues—context, workflow, levels, and time—that serve as review themes and discuss the multitude of forms that teams may assume. We then shift attention to the heart of the review, examining key aspects of the creation, development, operation, and management of work teams. To accomplish objectives of breadth and integration, we adopt a lifecycle perspective to organize the review. Topics involved in the team lifecycle include: (1) team composition; (2) team formation, socialization, and development; (3) …