Endogenizing Growth Via A Lag For Apprenticing

John Hartwick and Ngo Long

No 1234, Working Paper from Economics Department, Queen's University

Abstract: We take up a growth model with both skilled and unskilled labor, anda steady migration of some unskilled workers, who undertake apprenticing,to the skilled group of workers. Apprenticing involves a period of observingand thus labor output foregone. The time-out for observing represents acost to the economy and this results in the rate of balanced growth beingendogenous. We examine the balanced growth path and report on thestability of our dynamic system.

Keywords: balanced growth; apprenticing; endogenous growth; skilled and unskilled labor (search for similar items in EconPapers)
JEL-codes: J00 (search for similar items in EconPapers)
Pages: 11 pages
Date: 2010-04
New Economics Papers: this item is included in nep-fdg
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Persistent link: https://EconPapers.repec.org/RePEc:qed:wpaper:1234

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