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Humankapital und endogenes Wachstum

Stefan Homburg

EconStor Open Access Articles and Book Chapters, 1995, vol. 115, issue 3, 339-366

Abstract: In the paper a growth model is developed which admits endogenous growth. Endogenous growth is due to simultaneous efficient accumulation of physical as well as human capital. In contrast to similar growth models, we assume that output can be transformed into either physical or human capital according to a linear transformation technology. The resulting model is particularly simple and entails sharp empirical predictions. Various empirical tests of that approach and the neoc1assical growth model are performed.

Keywords: Human capital; Economic growth (search for similar items in EconPapers)
JEL-codes: E10 O10 (search for similar items in EconPapers)
Date: 1995
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Citations: View citations in EconPapers (6)

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