Project (M.A.) - Simon Fraser University, 2005. / Project (Dept. of Economics) / Simon Fraser University. Also issued in digital format and available on the World Wide Web.

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In recent years, there has been an increasing interest in the fact that publiccapital, or public infrastructure, plays a crucial role in determining economic growthin low-income countries. This thesis studies the links among public capital, economicdevelopment, and growth, using overlapping generations (OLG) models. Chapter 1 develops a three-period, gender-based overlapping generations modelof endogenous growth with endogenous intra-household bargaining and child labourin home production by girls. Improved access to infrastructure reduces the amount oftime parents fi…nd optimal for their daughters to spend on household chores, therebyallowing them to allocate more time to studying at home. The model is calibratedfor a low-income country and various quantitative experiments are conducted. Thisincludes an increase in the share of public spending on infrastructure, an increase intime allocated by mothers to their daughters, and a decrease in fathers’' preferencefor their daughters' ’education. Our analysis shows that poor access by families toinfrastructure may provide an endogenous explanation, beyond social norms andcultural values, for the persistence of child labour at home and gender inequality inlow-income countries. In Chapter 2, the link between infrastructure and industrial development is stud-ied in an OLG model with endogenous skill acquisition. Industrial developmentis defi…ned as a shift from an imitation-based, low-skill economy to an innovation-based, high-skill economy where ideas are produced domestically. Imitation gen-erates knowledge spillovers, which enhance productivity in innovation. Changes inindustrial structure are measured by the ratio of the variety of imitation-based toinnovation-based intermediate goods. The model also distinguishes between basicinfrastructure, which helps to promote learning-by-doing and productivity in imi-tation activities, and advanced infrastructure, which promotes knowledge networksand innovation. Numerical experiments, based on a calibrated version for a low-income country, show that changes in the level and composition of public investmentin infrastructure may have signi…ficant effects on the structure of the labour force andthe speed of industrial development.

Thesis (M.S.)--West Virginia University, 2002. / Title from document title page. Document formatted into pages; contains vii, 62 p. : map. Vita. Includes abstract. Includes bibliographical references (p. 53-55).

Thesis (Ph. D.)--University of Minnesota, 1994. / Includes bibliographical references (leaves 103-104).

yes / Although at the national level the relationship between financial development, human capital and economic growth has received some attention, this is largely an under-researched area at the sub-national level. Human capital may impact economic growth through the channel of innovation and along with financial development could be complementary or substitute in their relationship to economic growth. Also, human capital investment, enabled by the financial sector development, not only affects growth but also directly and indirectly affects poverty reduction through the channel of growth. In this study we examine the interaction between financial development, human capital and economic growth at the sub-national level using panel dataset covering 23 states of India for the period 1999-2013. Our analysis suggests that there is evidence of positive relationship between human capital and financial development to economic growth. / New journal still to be published by Oxford Academic Journals (OUP). Final draft suppressed for 24 months - check when journal published as to exact embargo - sm - 25/04/2018 © 2018 Oxford University Press. Reproduced in accordance with the publisher's self-archiving policy. This is a pre-copy-editing, author-produced PDF of an article accepted for publication in Journal of Banking, Finance and Sustainable Development following peer review. The definitive publisher-authenticated version [as above] is available online at: / The full text will be available at the end of the publisher's embargo, 2 years after publication.

Originally presented as the author's thesis (doctoral)--Helsinki School of Economics, 2004. / Includes bibliographical references (p. 71-76). Also available online.

Thesis (Ph.D.)--University of Washington, 1996. / Vita. Includes bibliographical references (leaves [100]-105).

The quantitative assessment of the global effects of climate change requires the construction of income projections spanning large time horizons. Exploiting the robust link between educational attainment, age structure dynamics and economic growth, we use population projections by age, sex and educational attainment to obtain income per capita paths to the year 2100 for 144 countries. Such a framework offers a powerful, consistent methodology which can be used to study the future environmental challenges and to address potential policy reactions.

We explore certain structural elements of venture capital investment, focusing on the role of venture capital as an asset class dedicated to technology investment. The structural role of technology as contributing to the total factor productivity is captured through the use of endogenous growth mechanisms as found in Romer (1990) and Rivera-Batiz and Romer (1991). In the first chapter, we explain certain elements of the two recessions in the first decade of the 21st century by combining these endogenous growth mechanisms with a financial accelerator in the market for production capital to capture the financial elements associated with decreased leverage after a financial crisis. In the second chapter, we assess the impact of policies in the late 1970s which largely created venture capital by encouraging technology investment to occur through debt contracts rather than equity contracts. We explain a set of stylized facts by contrasting a debt mechanism and an equity mechanism for an asset that derives its value from returns to technology goods in a stochastic endogenous growth model. Our final chapter deals with the disposition of venture capitalists towards Knightian uncertainty. We show that an uncertainty-loving behavior of venture capitalists leads to a Pareto improvement in the economy. However, the magnitude of the effect of changes in disposition towards uncertainty is small, implying that bubbles in the venture capital market caused by this type of uncertainty-loving behavior should not be a great concern for investors and policy makers.