251-272 MAKING A MIRACLE1 BY ROBERT E. LUCAS‚ JR. This lecture surveys recent models of growth and trade in search of descriptions of technologies that are consistent with episodes of very rapid income growth. Emphasis is placed on the on-the-job accumulation of human capital: learning by doing. Possible connections between learning rates and international trade are discussed. KEYWORDS: Growth‚ productivity‚ on-the-job training‚ learning.
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population poli~y whose main fo~us was the reduction of the rapid population growth. The main population program was the family planning program aimed at providing contraceptive technology to reduce fertility. The rapid declines in fertility noted in some countries have been attributed in varying extent to the impact of such programs. It was difficult‚ however‚ to assessthe impact such program has had on the population growth since the countries that had achieved the most rapid declines in fertility
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is the market value of all final goods and services produced in a country in a given time period. This definition has four parts: Market value‚ final goods and services‚ whether it was produced within a country‚ and the time period. GDP is a market value‚ which means that goods and services are valued at their market prices. A final good (or service)‚ is an item bought by its final user during a specified time period‚ a final good contrasts with an intermediate good‚ which is an item that is produced
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Temperature and enzyme activity Aim: To determine the effect of which the temperature of the enzyme has on the rate of the enzyme catalysed reaction. Hypothesis: The rate of reaction of an enzyme catalysed reaction will increase as the temperature of the enzyme approaches the optimum temperature. Surpassing the optimum temperature will result in a drop in enzyme activity. Materials: 6% hydrogen peroxide Liver suspension 10 test tubes 4 beakers Thermometers Measuring cylinders Test
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Economic growth is considered as one of the most essential parts of the economics‚ and it is defined an increase of goods and services of a country within certain period (Acemoglu‚ 2012). Modis (2013) claimed that‚ this economic growth conception particularly relates to the growth of potential output and production which is measured by gross domestic product per capita (GDP). Economic growth ideology has a long history‚ though it has been existed since the mid-18th‚ economic growth has dominated
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Population Growth 5 Problem and solution essay. Have you ever thought what will happen with us in our nearest future? Is there will be better life than today? When I first saw headlines such as “Better life is coming” or “Future without problems‚ it’s true”‚ I was tempted to answer‚ “Yes”. However‚ these facts aren’t so widely reported in the newspaper and television. But the nearest future‚ in fact‚ is not as fluffy as it seems to be. Moreover‚ there will more global problems than we have. The
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Cultural growth in the twenty-first century has heightened the emphasis on interpersonal communication in an intercultural setting. As our world grows‚ expands and becomes increasingly more interconnected by various technological advances‚ the need for effective interpersonal communication among differing cultures has become quite clear. Due to the advancement of technology in today’s world‚ a world in which some businesspeople are involved in transactions with other businesspeople
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Please cite this paper as: Johansson‚ Å. et al. (2008)‚ “Taxation and Economic Growth”‚ OECD Economics Department Working Papers‚ No. 620‚ OECD Publishing. http://dx.doi.org/10.1787/241216205486 OECD Economics Department Working Papers No. 620 Taxation and Economic Growth Åsa Johansson‚ Chistopher Heady‚ Jens Arnold‚ Bert Brys‚ Laura Vartia JEL Classification: C33‚ H23‚ H24‚ H25‚ O40‚ O43 Unclassified ECO/WKP(2008)28 Organisation de Coopération et de Développement Économiques
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you to yourself‚ and you shall have the suffrage of the world”. This stresses the importance of having an honest mind‚ and how being accepting of your mistakes allows for growth. Having a growth mindset means that when faced with failure or difficulty‚ you are able to learn from that experience instead of giving up. The growth mindset has been proven to affect academic performance‚ and can be used to close the achievement gap that exists in socioeconomic groups. Currently‚ there exists a vast
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Heat and Temperature: Compare and Contrast Introduction to Science - CSI 110 Katherine B. Williams-Robinson Strayer University Professor Valery Shemetov February 11‚ 2011 HTC 1 Abstract It is important to know the difference between heat and temperature. It will lead to a clearer understanding of energy. In this paper‚ I will define both terms and hopefully
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