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Full-Text Articles in Social and Behavioral Sciences
Health And Growth: Causality Through Education, Rui Huang, Lilyan E. Fulginiti, E. Wesley Peterson
Health And Growth: Causality Through Education, Rui Huang, Lilyan E. Fulginiti, E. Wesley Peterson
Department of Agricultural Economics: Faculty Publications
Purpose--The paper theoretically and empirically investigates the impact on human capital investment decisions and income growth of lowered life expectancy as a result of HIV/AIDS and other diseases. Design/methodology/approach--The theoretical model is a three-period overlapping generations model where individuals go through three stages in their life, namely, young, adult and old. The model extends existing theoretical models by allowing the probability of premature death to differ for individuals at different life stage, and by allowing for stochastic technological advances. The empirical investigation focuses on the effect of HIV/AIDS on life expectancy and on the role of health on educational investments …
Taiwanese Industry Competitiveness When Outward Fdi Is Defensive, Ling Sun, Lilyan E. Fulginiti, Yo-Chan Chen
Taiwanese Industry Competitiveness When Outward Fdi Is Defensive, Ling Sun, Lilyan E. Fulginiti, Yo-Chan Chen
Department of Agricultural Economics: Faculty Publications
The main purpose of this study is to examine the links between outward FDI and the competitiveness of Taiwanese industries. This is done by emphasizing the difference between ‘defensive’ versus ‘expansionary’ outward FDI. The empirical study is based on a panel data of 15 industries over the period 1991–2001. The results indicate that outward FDI of the defensive type, in particular that destined to China, while increasing industry efficiency has had a significant negative influence on competitiveness of the Taiwanese industry through its effects on innovative activity. While outward FDI has impacted the industry’s productivity growth it has not decreased …