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Human Capital in Exogenous and Endogenous Growth

Author

Listed:
  • Kelly, M.

Abstract

Exogenous growth models imply that, if human capital formation is endogenous, there is a negative relationship between human capital and growth. This prediction is tested against the alternative of the Lucas- Uzawa model which posits an increasing relationship between growth and the ratio of human capital to output.

Suggested Citation

  • Kelly, M., 1996. "Human Capital in Exogenous and Endogenous Growth," Papers 96/6, College Dublin, Department of Political Economy-.
  • Handle: RePEc:fth:dublec:96/6
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    Cited by:

    1. Rossitsa Rangelova, 1999. "Endogenous Growth Theory: Rise and Developments," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 3, pages 3-27.

    More about this item

    Keywords

    HUMAN RESOURCES; ECONOMIC GROWTH;

    JEL classification:

    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
    • O41 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - One, Two, and Multisector Growth Models
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence

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