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Gender-Differentiated Human Capital And Time Distributions In A Generalized Heckscher-Ohlin Model With Endogenous Physical Capital

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  • Wei-Bin Zhang

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Abstract

This paper deals with the role of preferences and technological differences between any number of national economies in determining the dynamics of capital stocks, gender-differentiated human capital, pattern of trade and gender-differentiated time distribution in a reformed H-O model. The trade model studies endogenous wealth and human capital accumulation and labor and capital distribution between sectors and between countries under perfectly competitive markets and free trade. It is an integration of the H-O model, the Solow-Uzawa neoclassical growth model, the Uzawa- Lucas two-sector model, and the Oniki-Uzawa trade model. It synthesizes these wellknown economic models with Zhang’s utility function for describing household behavior. The paper simulates the model, demonstrating the motion of the dynamic system and the existence of equilibrium point. We also examine the effects of changes in the total factor productivity of a country’s industrial sector, the productivity of country’s education sector, one country’s propensity to consume another country’s global commodity, man’s propensity to stay at home, woman’s propensity to receive education, and a country 1’s population.

Suggested Citation

  • Wei-Bin Zhang, 2016. "Gender-Differentiated Human Capital And Time Distributions In A Generalized Heckscher-Ohlin Model With Endogenous Physical Capital," Knowledge Horizons - Economics, Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest, vol. 8(2), pages 112-132, June.
  • Handle: RePEc:khe:journl:v:8:y:2016:i:2:p:112-132
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    References listed on IDEAS

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