Convergence and Divergence in Neoclassical Growth Models with Human Capital

Adriana Di Liberto

Economia politica, 2007, issue 2, 289-322

Abstract: This paper offers a selective survey of the more recent contributions on the theoretical and empirical analysis of human capital and growth. Our aim is to provide the necessary link between the theory on growth and human capital and the existing empirical applications. An overview of this literature shows that from the very beginning of the resurgence of interest in growth theory, models have focused on the role of human capital in explaining exogenous or endogenous growth mechanisms and convergence/divergence hypothesis. Conversely, the recent debate has increasingly focused on identifying the specific channels through which human capital may directly or indirectly influence growth. Despite the plethora of studies on this field, a consensus on the importance of human capital on growth processes has yet to be reached and the debate is still intense.

Date: 2007
References: Add references at CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
https://www.rivisteweb.it/download/article/10.1428/24823 (application/pdf)
https://www.rivisteweb.it/doi/10.1428/24823 (text/html)
Access to full text is restricted to subscribers

Related works:
Working Paper: Convergence and divergence in Neoclassical Growth models with human capital (2005)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:mul:jb33yl:doi:10.1428/24823:y:2007:i:2:p:289-322

Access Statistics for this article

Economia politica is currently edited by Alberto Quadrio Curzio, Giorgio Lunghini, Pier Carlo Nicola

More articles in Economia politica from Società editrice il Mulino
Bibliographic data for series maintained by ().