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A Nonscale Growth Model with R&D and Human Capital Accumulation Author info | Abstract | Publisher info | Download info | Related research | Statistics Ribeiro, M.J.
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].
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Paper provided by University of Warwick, Department of Economics in its series The Warwick Economics Research Paper Series (TWERPS) with number
574.
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Length: 17 pages
Date of creation: 2000Date of revision:
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Keywords: RESEARCH AND DEVELOPMENT HUMAN CAPITAL GROWTH RATE Find related papers by JEL classification: O0 - Economic Development, Technological Change, and Growth - - General O3 - Economic Development, Technological Change, and Growth - - Technological Change O4 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity D5 - Microeconomics - - General Equilibrium and Disequilibrium
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