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"Capital markets are central to business formation and economic growth, and if listings are falling, that is a sign there is not the same level of capital formation as there was in the past".
Because h is more efficient than ℓ and both use the same level of capital to produce q, h's effort level under the restrictive contract must be less than ℓ's.
As a result, in the long run, only the relatively poor country benefits from the liberalization process, while the relatively rich country will sustain the same level of capital, income, and welfare in the long run (see region N W, no‐lose/win region, on Figure 4).
In this case, (bar {C}^{I} (q,k) bar {C}_{ell }^{P} (q,k) bar {C}_{h}^{P} (q,k)) is the difference between the two type's production costs, when type h is constrained to use the same level of capital as type ℓ.
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It is said that the UK would have to spend £6.8bn on education to build up the same level of "human capital".
He said the UK would have had to spend £6.8bn on education to build up the same level of "human capital".
Members of group i have the same level of human capital and therefore wages w i as well as the same risk, 1 e i, and duration, d i of unemployment.9 The unemployment rate, u i, of each group is then characterized by: u i 1 - u i = d i e i (1) 10.
"We feel strongly that the small-business market deserves access to the same level of advice and capital as larger companies," Mr. Ferguson said.
Looking at the number of years of training accumulated can indeed be a too crude measure of human capital accumulation in dual VET, especially if a dual VET student switches occupations over the years; 1 year of dual training in a bank and 1 year in a bakery might not bring the same level of vocational human capital as two consecutive years in a given occupation.
We've made outstanding progress in scaling up our energy sector, and we need to apply the same level of vigor and capital to lands.
Bloom [ 116] concluded that 'health is a vitally important form of human capital and deserves the same level of attention…as is currently paid to the accumulation of physical capital and education".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com