Trade and Growth with Interactions of Human Capital Accumulation and Technological Change PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Trade and Growth with Interactions of Human Capital Accumulation and Technological Change PDF full book. Access full book title Trade and Growth with Interactions of Human Capital Accumulation and Technological Change by Hsiao-Lei Chu. Download full books in PDF and EPUB format.
Author: Hsiao-Lei Chu
Publisher:
ISBN:
Category : Economic development
Languages : en
Pages : 128
Get Book Here
Book Description
Author: Hsiao-Lei Chu
Publisher:
ISBN:
Category : Economic development
Languages : en
Pages : 128
Get Book Here
Book Description
Author: Mr.Se-Jik Kim
Publisher: International Monetary Fund
ISBN: 1451844026
Category : Business & Economics
Languages : en
Pages : 31
Get Book Here
Book Description
This paper presents a multisector growth model where education enhances general human capital, which is essential for increasing or maintaining the mobility of workers across industries. The paper shows that education, combined with international trade, can affect growth positively in the long run by raising workers’ ability to adapt and move easily to industries with the greatest productivity in each period. Depending on the initial ratio of general-to-specific human capital stock, multiple equilibrium growth paths can exist, including a poverty trap. If the ratio is not substantially low, trade liberalization can allow an economy in a poverty trap to transform into one with continuous education and higher output growth.
Author: Paul Michael Romer
Publisher: World Bank Publications
ISBN:
Category : Economic development
Languages : en
Pages : 50
Get Book Here
Book Description
Policies to encourage more open trading and accumulation of human capital may be as important to growth and technological change as additional foreign lending.
Author: Theo S. Eicher
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Get Book Here
Book Description
This paper examines how interaction between endogenous human capital accumulation and technological change affects relative wages and economic growth. Private incentives to invest in human capital finance the employment of skilled labour in the education sector, while non-rival technology is a by-product of the education process. The absorption of new technologies into production is skill intensive, creates skill-biased labour demand, and increases the relative wage of skilled to unskilled labour. In contrast to recent models of endogenous growth, higher rates of technological change and growth may be accompaniedb y a higherr elativew age but lower relative supply of skilled labour. Thus the model provides a theoretical foundation for the empirically observed relation between technological change and relative demand, supply and wages of skilled labour.
Author: Dörte Dömeland
Publisher: World Bank Publications
ISBN:
Category : Comparative Advantage
Languages : en
Pages : 54
Get Book Here
Book Description
This study provides empirical evidence that trade increases on-the-job human capital accumulation by estimating the effect of home country openness on estimated returns to home country experience of U.S. immigrants. The positive effect of trade on on-the-job human capital accumulation remains significant when controlling for GDP, educational attainment, and institutional quality. It is not the result of self-selection, heterogeneity in returns to experience, English-speaking origin, or cultural background. The effect persists when restricting the sample to non-OECD countries, thereby resolving the theoretical ambiguity of whether trade increases or decreases learning-by-doing. The role of trade in generating economic growth is therefore likely to be more important than generally considered.
Author: O. Ochoa
Publisher: Springer
ISBN: 0230377785
Category : Business & Economics
Languages : en
Pages : 212
Get Book Here
Book Description
What part does technological knowledge accumulation play in modern economic growth? This book investigates and examines the predictions of new growth theory, using OECD manufacturing data. Its empirical findings portray a novel and complex picture of the features of long-term growth, where technological knowledge production and diffusion play a central part, alongside variations in capital and employment. A parallel examination of long-run trade patterns and government policy issues completes a broader account of how knowledge-based growth in industrial output is at the heart of modern economic prosperity.
Author: Bart van Ark
Publisher: Springer Science & Business Media
ISBN: 1475731612
Category : Business & Economics
Languages : en
Pages : 408
Get Book Here
Book Description
Productivity, Technology and Economic Growth presents a selection of recent research advances on long term economic growth. While the contributions stem from both economic history, macro- and microeconomics and the economics of innovation, all papers depart from a common viewpoint: the key factor behind long term growth is productivity, and the latter is primarily driven by technological change. Most contributions show implicitly or explicitly that technological change is at least partly dependent on growth itself. Furthermore, technology appears to interact strongly with investment in physical and human capital as well as with changes in historical, political and institutional settings. Together these papers are an up-to-date account of the remarkable convergence in theoretical and empirical work on productivity and growth over the past decades. The first part deals with the characteristics of growth regimes over longer periods, ranging from 20 years to two centuries. The next four chapters study the determinants of productivity growth and, in some cases, productivity slowdown during the last quarter of the twentieth century. The final five chapters focus on the role of technology and innovation as the key determinants of growth. Productivity, Technology and Economic Growth is, therefore, a welcome collection for academic scholars and graduate students in economics, history and related social sciences as well as for policy makers.
Author: Ricardo Azevedo Araujo
Publisher:
ISBN:
Category :
Languages : en
Pages : 37
Get Book Here
Book Description
This paper contributes to the literature on economic growth by seeking to join several lines of research on structural factors in a more fully specified framework, on the one hand, and by making this more inclusive supply side to interact with demand factors in a model of export-led growth, on the other hand. Balance-of-payments constraints influence the adoption of investment-specific technological change which requires the import of capital goods, while the sectoral allocation of physical and human capital is likewise revealed to be crucial for growth, both results having important policy implications.
Author: Maaike S. Oosterbaan
Publisher: Springer Science & Business Media
ISBN: 1461544831
Category : Business & Economics
Languages : en
Pages : 290
Get Book Here
Book Description
Determinants of economic growth: An overview Thijs de Ruyter van Steveninck, Nico van der Windt, and Maaike Oosterbaan Netherlands Economic Institute What causes economic growth? Why have some countries grown much faster than others? Why do some countries not grow at all, or even experience negative (per capita) growth rates? What can governments do to raise the growth rates of their country? These questions were discussed at a conference on March 23 and 24, 1998, organized by the Netherlands Economic Institute (NEI) on behalf of the Netherlands Ministry of Foreign Affairs. This book contains the proceedings of the conference. Economic growth is widely considered as a necessary (though not sufficient) condition for poverty alleviation. During the past two decades, scholars and researchers have found a renewed interest in thinking about economic growth, and advances in the understanding of economic growth have taken place. On the one hand, the theoretical understanding of growth has progressed on various fronts, including endogenous technological innovation and increasing returns to scale; the interaction of population, fertility, human capital, and growth; international spill-overs in technology and capital accumulation; and the role of institutions. On the other hand, the increasing availability and use of data sets has given a large incentive to empirical research on cross-country growth, following the path-breaking work ofBarro (1991).
Author: Haiying Zhao
Publisher:
ISBN:
Category :
Languages : en
Pages : 32
Get Book Here
Book Description
