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New Technology, Human Capital and Growth in a Developing Country

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Author Info

  • Cuong Le Van

    () (CES - Centre d'économie de la Sorbonne - CNRS : UMR8174 - Université Paris I - Panthéon-Sorbonne, EEP-PSE - Ecole d'Économie de Paris - Paris School of Economics - Ecole d'Économie de Paris, University of Exeter Business School - University of Exeter Business School)

  • Tu-Anh Nguyen

    () (Central Insitute of Economic Management - Central Insitute of Economic Management)

  • Manh-Hung Nguyen

    () (LERNA-INRA - Toulouse School of Economics)

  • Thai Bao Luong

    (National Economics University - National Economics University)

Abstract

In a developing country with three sectors: consumption goods, new tech- nology, and education, the productivity of the consumption goods depends on a new technology and skilled labor used to produce this new technology. There can be three stages of economic growth. In the rst stage the country concentrates on the production of consumption goods; in the second the country must import both physical capital and new technology capital to produce consumption goods and new technology; in the third the country must import capital and invest in the training and education of high skilled labor.

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Bibliographic Info

Paper provided by HAL in its series Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) with number halshs-00470647.

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Date of creation: Dec 2010
Date of revision:
Publication status: Published, Mathematical Population Studies, 2010, 17, 4, 215-241
Handle: RePEc:hal:cesptp:halshs-00470647

Note: View the original document on HAL open archive server: http://halshs.archives-ouvertes.fr/halshs-00470647
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Web page: http://hal.archives-ouvertes.fr/

Related research

Keywords: Optimal growth model; New technology capital; Human Capital; Developing country;

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Cited by:
  1. Anh Nguyen Tu & Thuy Nguyen Thu, 2011. "Is Vietnam economic paradigm sustainable for catch up," Working Papers 09, Development and Policies Research Center (DEPOCEN), Vietnam.

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