Human Capital in Exogenous and Endogenous Growth

Morgan Kelly

Working Papers from College Dublin, Department of Political Economy-

Abstract: Exogenous growth models imply that, if human capital formation is endogenous, there is a negative relationship between human capital and growth. This prediction is tested against the alternative of the Lucas- Uzawa model which posits an increasing relationship between growth and the ratio of human capital to output.

Keywords: HUMAN RESOURCES; ECONOMIC GROWTH (search for similar items in EconPapers)
JEL-codes: O40 O41 O47 (search for similar items in EconPapers)
Pages: 14 pages
Date: 1996
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:fth:dublec:96/6

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