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来源类型Working Paper
规范类型报告
DOI10.3386/w3413
来源IDWorking Paper 3413
Human Capital, Product Quality, And Growth
Nancy L. Stokey
发表日期1990-08-01
出版年1990
语种英语
摘要A growth model is developed in which finite-lived individuals invest in human capital, and investments have a positive external effect on the human capital of later cohorts. Heterogeneous labor is the only factor of production, and higher-quality labor produces higher-quality goods. Stationary growth paths, along which human capital and the quality of consumption goods grow at a common, constant rate, are studied. It is also shown that if a small economy is very advanced or very backward relative to the rest of the world, then its rate of investment in human capital is lower under free trade than under autarky.
主题Macroeconomics ; Labor Economics
URLhttps://www.nber.org/papers/w3413
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/560704
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GB/T 7714
Nancy L. Stokey. Human Capital, Product Quality, And Growth. 1990.
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