G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w3414
来源IDWorking Paper 3414
Human Capital, Fertility, and Economic Growth
Gary S. Becker; Kevin M. Murphy; Robert F. Tamura
发表日期1990-08-01
出版年1990
语种英语
摘要Our model of growth departs from both the Malthusian and neoclassical approaches by including investments in human capital. We assume, crucially, that rates of return on human capital investments rise, rather than, decline, as the stock of human capital increases, until the stock becomes large. This arises because the education sector uses human capital note intensively than either the capital producing sector of the goods producing sector. This produces multiple steady scares: an undeveloped steady stare with little human capital, low rates of return on human capital investments and high fertility, and a developed steady stats with higher rates of return a large, and, perhaps, growing stock of human capital and low fertility. Multiple steady states mean that history and luck are critical determinants of a country's growth experience.
主题Labor Economics
URLhttps://www.nber.org/papers/w3414
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/560705
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GB/T 7714
Gary S. Becker,Kevin M. Murphy,Robert F. Tamura. Human Capital, Fertility, and Economic Growth. 1990.
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