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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w27278 |
来源ID | Working Paper 27278 |
Flying or Trapped? | |
Yunfang Hu; Takuma Kunieda; Kazuo Nishimura; Ping Wang | |
发表日期 | 2020-06-01 |
出版年 | 2020 |
语种 | 英语 |
摘要 | We develop a unified theory with endogenous technology choice in human/knowledge capital accumulation to establish a rich array of equilibrium development paradigms, including poverty trap, middle income trap and flying geese growth. We then generalize the baseline structure and establish conditions for different development paradigms to arise. By calibrating the general model to fit the data from several representative economies with different income and growth patterns, we identify various prolonged flying geese episodes and middle income traps. By performing growth accounting, we find that improving human capital accumulation efficacy and mitigating barriers to human capital accumulation are most rewarding for advancing the economy and avoiding the middle income trap. |
主题 | Microeconomics ; Households and Firms ; Macroeconomics ; Consumption and Investment ; Development and Growth ; Growth and Productivity |
URL | https://www.nber.org/papers/w27278 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/584949 |
推荐引用方式 GB/T 7714 | Yunfang Hu,Takuma Kunieda,Kazuo Nishimura,et al. Flying or Trapped?. 2020. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w27278.pdf(734KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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