Institutionally Induced Human Capital Vintages and Economic Growth in Transition

Ralitsa Simeonova-Ganeva and Kaloyan Ganev
Authors registered in the RePEc Author Service: Ралица Симеонова-Ганева

MPRA Paper from University Library of Munich, Germany

Abstract: In this paper we introduce additional parameters of the economic environment related to some notion of “distance” to institutions in a simple formal model. This distance could be viewed as an uneven spatial distribution (or coverage) of institutions with respect to population distribution. We are led to conclude here that distance to institutions is an important determinant of the emergence of heterogeneous (vintage) human capital. Our modeling framework also shows, that the existence of uneven access (or distance) to institutions leads to important implications concerning economic growth.

Keywords: vintage human capital; distance to institutions; economic growth; transition economies (search for similar items in EconPapers)
JEL-codes: J24 O4 P2 (search for similar items in EconPapers)
Date: 2006-09-17
References: View references in EconPapers View complete reference list from CitEc
Citations:

Published in YearBook of the Faculty of Economics and Business Administration, Sofia University St. Kliment Ohridski 2008.Vol. 7(2008): pp. 53-68

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/34241/1/MPRA_paper_34241.pdf original version (application/pdf)

Related works:
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:pra:mprapa:34241

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().