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A Nonscale Growth Model with R&D and Human Capital Accumulation

M.J. Ribeiro
Authors registered in the RePEc Author Service: Maria Thompson

The Warwick Economics Research Paper Series (TWERPS) from University of Warwick, Department of Economics

Abstract: This paper aims to contribute to the new growth theory with a model in which the engine of growth is human capital growth. Building on Romer's [1990] model, two new functions are introduced: (1) a specification for the production of new designs that assumes no externalities and no inventions before time zero; and (2) A specification for the accumulation of human capital technically similar to that in Lucas [1988].

Keywords: RESEARCH AND DEVELOPMENT; HUMAN CAPITAL; GROWTH RATE (search for similar items in EconPapers)
JEL-codes: D5 O0 O3 O4 (search for similar items in EconPapers)
Pages: 17 pages
Date: 2000
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:wrk:warwec:574

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