Endogenous Growth Model Based On R D And Human Capital Accumulation
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Author | : Paolo Mattana |
Publisher | : Ashgate Publishing |
Total Pages | : 0 |
Release | : 2004 |
Genre | : Economic development |
ISBN | : 9780754636243 |
Using state of the art mathematical techniques this book provides complete characterization of the Uzawa-Lucas growth model. The dynamic possibilities of the model are fully explored and the problem systematically solved from both the market and the centralized perspective.
Author | : Javier Lozano Ibáñez |
Publisher | : |
Total Pages | : 43 |
Release | : 1998 |
Genre | : |
ISBN | : |
Author | : Andreas Savvides |
Publisher | : Stanford University Press |
Total Pages | : 336 |
Release | : 2008-10-10 |
Genre | : Business & Economics |
ISBN | : 0804769761 |
This book provides an in-depth investigation of the link between human capital and economic growth. The authors take an innovative approach, examining the determinants of economic growth through a historical overview of the concept of human capital. The text fosters a deep understanding of the connection between human capital and economic growth through the exploration of different theoretical approaches, a review of the literature, and the application of nonlinear estimation techniques to a comprehensive data set. The authors discuss nonparametric econometric techniques and their application to estimating nonlinearities—which has emerged as one of the most salient features of empirical work in modeling the human capital-growth relationship, and the process of economic growth in general. By delving into the topic from theoretical and empirical standpoints, this book offers an insightful new view that will be extremely useful for scholars, students, and policy makers.
Author | : Công Nghê Truong |
Publisher | : |
Total Pages | : 52 |
Release | : 1995 |
Genre | : Economic development |
ISBN | : |
Author | : Philippe Aghion |
Publisher | : MIT Press |
Total Pages | : 720 |
Release | : 1998 |
Genre | : Business & Economics |
ISBN | : 9780262011662 |
"Problems and solutions by Cecilia Garcâia-Peänalosa in collaboration with Jan Boone, Chol-Won Li, and Lucy White." Includes bibliographical references (p. [665]-687) and index.
Author | : Derek Hung Chiat Chen |
Publisher | : |
Total Pages | : 36 |
Release | : 2005 |
Genre | : Economic development |
ISBN | : |
The authors present a model of endogenous growth in which the main engine of economic development is knowledge. Using a two-sector closed economy model that comprises of a conventional goods-producing sector and a research and development sector, their model incorporates two key aspects of knowledge: technology and human capital. Steady-state equilibrium conditions show that the growth rate of per capita income hinges on the growth rate of human capital. While the growth rate of human capital has been previously shown to affect the growth of the economy in transition between steady states or balanced growth paths, the authors are the first to link the growth rate of human capital to the steady-state growth rate of productivity and output per worker. Furthermore, this result does not exhibit scale effects or policy invariance, both of which have been longstanding concerns with the predictions of endogenous growth models developed in the 1990s.
Author | : Patricio Arrau |
Publisher | : |
Total Pages | : 52 |
Release | : 1989 |
Genre | : Capital investments |
ISBN | : |
Life- cycle models of growth can yield a negative relation between population growth and income per capita growth, where the direction of causality goes from the exogenous rate of population growth to the endogenous rate of income growth. Tax policy can affect the proportion of human and physical capital in household portfolios. Tax policy that favors human capital over physical capital produces higher growth in per capita income.
Author | : Xavier Sala-i-Martin |
Publisher | : |
Total Pages | : 58 |
Release | : 1990 |
Genre | : Economic development |
ISBN | : |
This paper explores the five simplest models of endogenous growth. We start with the AK model (Rebelo (1990)) and argue that all endogenous growth models can be viewed as variations or microfoundations of it. We then examine the Barro (1990) model of government spending and growth. Next we look at the Arrow-Sheshinskj-Romer model of learning by doing and externalities. The Lucas (1988) model of human capital accumulation is then considered. Finally, we present a simple model of R & D and growth.
Author | : Maaike S. Oosterbaan |
Publisher | : Springer Science & Business Media |
Total Pages | : 290 |
Release | : 2012-12-06 |
Genre | : Business & Economics |
ISBN | : 1461544831 |
Determinants of economic growth: An overview Thijs de Ruyter van Steveninck, Nico van der Windt, and Maaike Oosterbaan Netherlands Economic Institute What causes economic growth? Why have some countries grown much faster than others? Why do some countries not grow at all, or even experience negative (per capita) growth rates? What can governments do to raise the growth rates of their country? These questions were discussed at a conference on March 23 and 24, 1998, organized by the Netherlands Economic Institute (NEI) on behalf of the Netherlands Ministry of Foreign Affairs. This book contains the proceedings of the conference. Economic growth is widely considered as a necessary (though not sufficient) condition for poverty alleviation. During the past two decades, scholars and researchers have found a renewed interest in thinking about economic growth, and advances in the understanding of economic growth have taken place. On the one hand, the theoretical understanding of growth has progressed on various fronts, including endogenous technological innovation and increasing returns to scale; the interaction of population, fertility, human capital, and growth; international spill-overs in technology and capital accumulation; and the role of institutions. On the other hand, the increasing availability and use of data sets has given a large incentive to empirical research on cross-country growth, following the path-breaking work ofBarro (1991).
Author | : Martin Husz |
Publisher | : Peter Lang Publishing |
Total Pages | : 148 |
Release | : 1998 |
Genre | : Business & Economics |
ISBN | : |