A Theory of Development and Long Run Growth

Stephen Kosempel

Working Papers from University of Guelph, Department of Economics and Finance

Abstract: This paper presents a synthesized theory of development and long run growth. The theory that is presented combines two engines of growth which have been emphasized in the literature: technological progress and human capital accumulation. In the model, the growth rate of per capita output depends in part on the interaction between these two types of economic forces.

Keywords: human capital accumulation; technological change; economic growth (search for similar items in EconPapers)
Pages: 37 pages
Date: 2001
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Citations: View citations in EconPapers (1)

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Journal Article: A theory of development and long run growth (2004)
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Persistent link: https://EconPapers.repec.org/RePEc:gue:guelph:2001-5

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