EconPapers    
Economics at your fingertips  
 

New Technology, Human Capital and Growth for Developing Countries

Cuong Le van (), Tu Nguyen, Manh-Hung Nguyen and Thai Bao Luong
Additional contact information
Manh-Hung Nguyen: Université Toulouse 1, Toulouse School of Economics, LERNA
Thai Bao Luong: Université Paris 13

No 1, Working Papers from Development and Policies Research Center (DEPOCEN), Vietnam

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 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 to import new technology capital and invest in the training and education of high skilled labor in the same time.

Keywords: Optimal growth model; New technology capital; Human Capital; Developing country. (search for similar items in EconPapers)
JEL-codes: D51 D90 E13 (search for similar items in EconPapers)
Pages: 40 pages
Date: 2007-08, Revised 2009-01
New Economics Papers: this item is included in nep-cse, nep-dev and nep-hrm
References: Add references at CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed

Downloads: (external link)
http://depocenwp.org/modules/download/index.php?id=1 (application/pdf)

Related works:
Working Paper: New technology, Human Capital and Growth for Developing Countries (2006) Downloads
Working Paper: New technology, human capital and growth for developing countries (2006) Downloads
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:dpc:wpaper:0107

Access Statistics for this paper

More papers in Working Papers from Development and Policies Research Center (DEPOCEN), Vietnam Contact information at EDIRC.
Bibliographic data for series maintained by Doan Quang Hung ().

 
Page updated 2020-01-23
Handle: RePEc:dpc:wpaper:0107