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Endogenizing Growth Via A Lag For Apprenticing

Author

Listed:
  • John Hartwick

    ()

  • Ngo Van Long

    (McGill University)

Abstract

We take up a growth model with both skilled and unskilled labor, anda steady migration of some unskilled workers, who undertake apprenticing,to the skilled group of workers. Apprenticing involves a period of observingand thus labor output foregone. The time-out for observing represents acost to the economy and this results in the rate of balanced growth beingendogenous. We examine the balanced growth path and report on thestability of our dynamic system.

Suggested Citation

  • John Hartwick & Ngo Van Long, 2010. "Endogenizing Growth Via A Lag For Apprenticing," Working Paper 1234, Economics Department, Queen's University.
  • Handle: RePEc:qed:wpaper:1234
    as

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    File URL: https://www.econ.queensu.ca/sites/econ.queensu.ca/files/qed_wp_1234.pdf
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    References listed on IDEAS

    as
    1. Oded Galor, 2005. "The Demographic Transition and the Emergence of Sustained Economic Growth," Journal of the European Economic Association, MIT Press, vol. 3(2-3), pages 494-504, 04/05.
    2. Robert M. Solow, 1956. "A Contribution to the Theory of Economic Growth," The Quarterly Journal of Economics, Oxford University Press, vol. 70(1), pages 65-94.
    3. Maddison, Angus, 2007. "Contours of the World Economy 1-2030 AD: Essays in Macro-Economic History," OUP Catalogue, Oxford University Press, number 9780199227204.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    balanced growth; apprenticing; endogenous growth; skilled and unskilled labor;
    All these keywords.

    JEL classification:

    • J00 - Labor and Demographic Economics - - General - - - General

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