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Human Capital Accumulation in the Middle-Income Country and World Trade

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  • Dei, Fumio

Abstract

I construct a dynamic three-country model of trade and growth in which a worker determines how long he takes training. The path of human capital accumulation of a worker is analyzed. I consider the case in which per capita human capital grows in the middle-income country while it stagnates in the high-income and low-income countries. Effects of the middle-income country's growth are studied. Copyright 1994 by Blackwell Publishing Ltd.

Suggested Citation

  • Dei, Fumio, 1994. "Human Capital Accumulation in the Middle-Income Country and World Trade," Review of International Economics, Wiley Blackwell, vol. 2(1), pages 1-12, February.
  • Handle: RePEc:bla:reviec:v:2:y:1994:i:1:p:1-12
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