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Crescimento econômico e acumulação de capital humano: uma análise sobre a relação de causalidade

  • Alexandre Batista Ferreira


  • Luciano Nakabashi


  • Marcello da Cunha Santos


The accumulation of human capital plays a crucial role in growth theories and it is incorporated in the growth models in a very simplified way. Therefore it does not take into account the economic development process complexity. They consider that the amount of human capital is an important input in the technological change process, but a country's technology level is also important in the human capital accumulation process. Consequently the two variables are determined endogenously in a simultaneous equation system. In this work we propose an analysis of the human capital and technological changes in a simultaneous equation system by means of a cross-section analysis within a range of countries.

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Paper provided by Cedeplar, Universidade Federal de Minas Gerais in its series Textos para Discussão Cedeplar-UFMG with number td222.

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Length: 27 pages
Date of creation: Oct 2003
Date of revision:
Handle: RePEc:cdp:texdis:td222
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  1. Lucas, Robert Jr., 1988. "On the mechanics of economic development," Journal of Monetary Economics, Elsevier, vol. 22(1), pages 3-42, July.
  2. Galor, Oded & Moav, Omer, 2000. "Natural Selection and the Origin of Economic Growth," Arbetsrapport 2000:5, Institute for Futures Studies.
  3. Zvi Griliches & Tor Jakob Klette, 1999. "Empirical patterns of firm growth and R&D investment: a quality ladder model interpretation," IFS Working Papers W99/25, Institute for Fiscal Studies.
  4. Theodore W. Schultz, 1962. "Reflections on Investment in Man," Journal of Political Economy, University of Chicago Press, vol. 70, pages 1.
  5. Blackburn, Keith & Hung, Victor T. Y. & Pozzolo, Alberto F., 2000. "Research, Development and Human Capital Accumulation," Journal of Macroeconomics, Elsevier, vol. 22(2), pages 189-206, April.
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