New technology, human capital and growth for developing countries

Cuong Le van, Manh Hung Nguyen and Thai Bao Luong ()
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Thai Bao Luong: CEPN, Université Paris 13

Cahiers de la Maison des Sciences Economiques from Université Panthéon-Sorbonne (Paris 1)

Abstract: We consider a developing country with three sectors in economy: consumption goods, new technology and education. Productivity of the consumption goods sector depends on new technology and skilled labor used for production of the new technology. We show that there might be three stages in the process of economic growth. In the first stage the country concentrates on production of consumption goods; in the second stage it requires the country to import both physical capital to produce consumption goods and new technology capital to produce new technology; and finally, the last stage is one where the country needs, additionally to investment activities in the previous stage, to invest the training and education of high skilled labor

Keywords: Optimal growth model; new technology capital; human capital; developing country (search for similar items in EconPapers)
JEL-codes: D51 E13 (search for similar items in EconPapers)
Pages: 17 pages
Date: 2006-10
New Economics Papers: this item is included in nep-edu and nep-hrm
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Citations: View citations in EconPapers (1)

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https://halshs.archives-ouvertes.fr/halshs-00118979 (application/pdf)

Related works:
Working Paper: New Technology, Human Capital and Growth for Developing Countries (2009)
Working Paper: New technology, Human Capital and Growth for Developing Countries (2006)
Working Paper: New technology, Human Capital and Growth for Developing Countries (2006)
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Persistent link: https://EconPapers.repec.org/RePEc:mse:wpsorb:b06065

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