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On the Empirics of the Imbalance Effect

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  • Peter Duczynski

    (Department of Economics and Management, University of Hradec Kralove, Czech Republic)

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    Abstract

    An important problem in the theory of economic growth is whether the growth of output per capita depends positively or negatively on the ratio of human to physical capital. This paper provides evidence that this dependence tends to be positive.

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    Bibliographic Info

    Article provided by College of Business, and College of Finance, Feng Chia University, Taichung, Taiwan in its journal International Journal of Business and Economics.

    Volume (Year): 2 (2003)
    Issue (Month): 2 (August)
    Pages: 121-128

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    Handle: RePEc:ijb:journl:v:2:y:2003:i:2:p:121-128

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    Postal: 100 Wenhwa Road, Seatwen, Taichung
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    Related research

    Keywords: asymmetric imblance effect; economic growth; human capital; physical capital;

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    References

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    Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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    1. Duczynski, Petr, 2002. "Adjustment costs in a two-capital growth model," Journal of Economic Dynamics and Control, Elsevier, vol. 26(5), pages 837-850, May.
    2. Robert J. Barro, 2013. "Inflation and Economic Growth," Annals of Economics and Finance, Society for AEF, vol. 14(1), pages 121-144, May.
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    Citations

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    Cited by:
    1. Erkan Erdil & Kahraman Kalyoncu, 2010. "Physical and Human Capital Complementarity and Worker Effort Level by Nutritional Level within Labor-Augmenting Solow Type Model," European Research Studies Journal, European Research Studies Journal, vol. 0(1), pages 73-82.
    2. Petr Duczynski, 2007. "A Note on the Imbalance Effect in the Uzawa-Lucas Model," Economics Bulletin, AccessEcon, vol. 4(38), pages 1-12.
    3. Peter Foldvari & Bas van Leeuwen & Dimitry Didenko, 2013. "Capital formation and economic growth under central planning and transition: a theoretical and empirical analysis, ca. 1920-2008," Working Papers 0048, Utrecht University, Centre for Global Economic History.

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