Human Capital and Regional Convergence in Canada
This paper proposes an empirical analysis of regional convergence in Canada based on the growth model of Barro, Mankiw and Sala-i-Martin (1995). In an open economy with perfect capital mobility, if domestic residents cannot borrow abroad with human capital as collateral, the dynamics of human capital accumulation is the driving force of per capita income growth.
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|Date of creation:||1999|
|Date of revision:|
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