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New Technology, Human Capital and Growth in a Developing Country

Author

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  • Cuong Le Van

    () (CES - Centre d'économie de la Sorbonne - UP1 - Université Paris 1 Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique, University of Exeter Business School - University of Exeter Business School, PSE - Paris School of Economics - ENPC - École des Ponts ParisTech - ENS Paris - École normale supérieure - Paris - PSL - Université Paris sciences et lettres - UP1 - Université Paris 1 Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique - EHESS - École des hautes études en sciences sociales - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement)

  • Tu-Anh Nguyen

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

  • Manh-Hung Nguyen

    () (LERNA-INRA - TSE - Toulouse School of Economics - EHESS - École des hautes études en sciences sociales - INRA - Institut National de la Recherche Agronomique - CNRS - Centre National de la Recherche Scientifique - UT1 - Université Toulouse 1 Capitole)

  • 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.

Suggested Citation

  • Cuong Le Van & Tu-Anh Nguyen & Manh-Hung Nguyen & Thai Bao Luong, 2010. "New Technology, Human Capital and Growth in a Developing Country," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00470647, HAL.
    • Handle: RePEc:hal:cesptp:halshs-00470647
    DOI: 10.1080/08898480.2010.514852
    Note: View the original document on HAL open archive server: https://halshs.archives-ouvertes.fr/halshs-00470647
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    References listed on IDEAS

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    Cited by:

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    2. Sadam Hussain & Muhammad Shahid Akram & Abdul Ghaffar & Yasmeen Qamar & Waqar Ahmad, 2019. "Impact of Foreign Investment, Labor Force and Interest Rate on Economic Growth: A Case of Pakistan (Under CPEC Project Contribution Countries)," Asian Development Policy Review, Asian Economic and Social Society, vol. 7(4), pages 369-377, December.
    3. Thanh Tam Nguyen-Huu & Minh Nguyen-Khac & Quoc Tran-Nam, 2017. "The role of environmental regulations and innovation in TFP convergence: Evidence from manufacturing SMEs in Vietnam," WIDER Working Paper Series 092, World Institute for Development Economic Research (UNU-WIDER).
    4. Thanh Tam Nguyen-Huu & Minh Nguyen-Khac & Quoc Tran-Nam, 2017. "The role of environmental regulations and innovation in TFP convergence: Evidence from manufacturing SMEs in Vietnam," WIDER Working Paper Series wp-2017-92, World Institute for Development Economic Research (UNU-WIDER).
    5. Thanh Tam Nguyen-Huu & Ngoc-Sang Pham, 2021. "Escaping the middle income trap and getting economic growth: How does FDI can help the host country?," Working Papers halshs-03143087, HAL.
    6. Jean-Michel Grandmont, 2013. "Tribute to Cuong Le Van," International Journal of Economic Theory, The International Society for Economic Theory, vol. 9(1), pages 5-10, March.

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    Keywords

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