Growth strategy with social capital, human capital and physical capital—Theory and evidence: The case of Vietnam
Sign Up to like & getrecommendations! Published in 2018 at "Journal of Public Economic Theory"
DOI: 10.1111/jpet.12305
Abstract: In this paper, we develop a theoretical model to explain the impact of social capital (defined at the firm level) on individual firm performance and derive a critical optimal threshold for firms to invest in… read more here.
Keywords: physical capital; capital; capital human; capital physical ... See more keywords
Constrained Efficiency in a Human Capital Model
Sign Up to like & getrecommendations! Published in 2018 at "American Economic Journal: Macroeconomics"
DOI: 10.1257/mac.20160405
Abstract: This paper investigates whether capital and human capital are over-accumulated in an incomplete market economy. As in Davila et al. (2012), whether capital is over-accumulated depends on how the pecuniary externalities affect insurance and redistribution.… read more here.
Keywords: constrained efficiency; capital; capital human; efficiency human ... See more keywords