| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP4847 |
| DP4847 Macroeconomic Asymmetry in the European Union: The Difference Between New and Old Members | |
| Yuliya Demyanyk; Vadym Volosovych | |
| 发表日期 | 2005-01-23 |
| 出版年 | 2005 |
| 语种 | 英语 |
| 摘要 | We examine the contribution of human capital to economy-wide technological improvements through the two channels of innovation and imitation. We develop a theoretical model showing that skilled labour has a higher growth-enhancing effect closer to the technological frontier under the reasonable assumption that innovation is a relatively more skill intensive activity than imitation. Also, we provide evidence in favour of this prediction using a panel dataset covering 19 OECD countries between 1960 and 2000 and explain why previous empirical research had found no positive relationship between initial schooling level and subsequent growth in rich countries. In particular, we show that in OECD economies it is crucial to isolate the two separate margins of primary/secondary and tertiary education. Interestingly, the latter type of schooling proves to be a factor of economic divergence. |
| 主题 | International Macroeconomics |
| 关键词 | Economic growth Human capital Education Imitation Innovation Convergence Technological frontier Wave |
| URL | https://cepr.org/publications/dp4847 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/533755 |
| 推荐引用方式 GB/T 7714 | Yuliya Demyanyk,Vadym Volosovych. DP4847 Macroeconomic Asymmetry in the European Union: The Difference Between New and Old Members. 2005. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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