Unlike previous analysis, we consider (i) possible externalities in the use of IT and (ii) IT and human capital interactions. Examining, hypothetically, the statistical consequences of erroneously disregarding (i) and (ii) we shed light on the small or negative growth effects found in early studies of the effects of IT on productivity growth, as well [...]
Monitoring and Market Power in Loan Markets
Whether or not banks are engaged in ex ante monitoring of customers may have important consequences for the whole economy. We approach this question via a model in which banks can invest in either information acquisition or market power (product differentiation). The two alternatives generate different predictions, which are tested using panel data on local [...]
Work Environment Stressors – The link between employees’ well-being and job performance?
Employees are the human capital which contributes to the success and development of a company to a great extent. Thus, these days, companies do not see them only as factors of production from the classical perspective, but have started to value them as stakeholders and partners with whom long-term goals are achieved together.Problem Discussion & [...]
Population Policy and Human Capital Accumulation in China
China, the most populous country in the world, has had high economic growth during the past two decades. While economic reforms in China have received a great deal of attention, researchers have paid far less attention to the effects of population policies. In this dissertation, I discuss the One-Child policy in China and its impact [...]
The Importance of Human Capital in Export Performance
The purpose of this thesis is to analyze the effect of human capital in export. Human capital is here expressed as the number of employees in the private sector per municipality with university education of at least three years. Two regression models were tested with aggregated export value/municipality and export value per kilo/municipality as dependent [...]
The Importance of Human Capital in the Production of New Knowledge
During the last few centuries the western economies have experienced an economic growth never before seen in history. This transformation has mainly been caused by knowledge, compared to previous history where land, natural resources, labor or machines were the factors determining economic growth and development. This thesis aims at analyzing the importance of human capital [...]