NUTRITIONAL LEVEL, PHYSICAL AND HUMAN CAPITAL COMPLEMANTARITY WITHIN LABOR AUGMENTING SOLOW TYPE MODEL
Abstract
One of important issue in economic growth is whether the convergence occurs. Besides occurrence of convergence, another important problem in the theory of economic growth is whether the growth of output per capita depends on the ratio of physical to human capital (K/H). This paper provides evidence for imbalance effects of (K/H) on growth rate besides convergence issue in a sample of 36 countries. This dependence tends to change in size of convergence rate where with the conditions on (K/H) ratio, convergence rate increases.
Keywords
References
- BARRO, Robert and Sala-i-Martin, X. S. (1995). Economic Growth, McGraw- Hill, Inc.
- DUCZYNSKI, P., (2003). On the Empirics of the Imbalance Effect, International Journal of Business and Economics, Vol: 2, No: 2, 2003, (121-128).
- ISLAM, N. (1995). Growth Empirics: A Panel Data Approach, Quarterly Journal of Economics, 110(4), (1127-70).
- KALYÜNCÜ, K. (1998). A Survey Of Recent Empirical Studies of Growth, Master Thesis, Indiana University, Bloomington.
- LEE, J-W., (2007). Economic Gowth and Human Development in the Republic of Korea, 1945-1992, http://gd.tuwien.ac.at/soc/undp/oc24aa.htm.
- LEVINE, R. and RENELT, D.(1992). A Sensitivity Analysis of Cross-Country Growth Regressions, American Economic Review, 82(4), (942–963).
- MANKIW, N.G.; ROMER. D; WEIL D.N. (1992). A Contribution to The Empirics of Economic Growth, Quarterly Journal of Economics, 107(2), (407-437).
- RAMCHARAN, R. (2004). Higher or Basic Education? The Composition of Human Capital and Economic Development, IMF Staff Papers, Vol:51, No: 2, , International Monetary Fund.
Year 2009,
Volume: 1 Issue: 2, 127 - 132, 31.07.2009
Abstract
References
- BARRO, Robert and Sala-i-Martin, X. S. (1995). Economic Growth, McGraw- Hill, Inc.
- DUCZYNSKI, P., (2003). On the Empirics of the Imbalance Effect, International Journal of Business and Economics, Vol: 2, No: 2, 2003, (121-128).
- ISLAM, N. (1995). Growth Empirics: A Panel Data Approach, Quarterly Journal of Economics, 110(4), (1127-70).
- KALYÜNCÜ, K. (1998). A Survey Of Recent Empirical Studies of Growth, Master Thesis, Indiana University, Bloomington.
- LEE, J-W., (2007). Economic Gowth and Human Development in the Republic of Korea, 1945-1992, http://gd.tuwien.ac.at/soc/undp/oc24aa.htm.
- LEVINE, R. and RENELT, D.(1992). A Sensitivity Analysis of Cross-Country Growth Regressions, American Economic Review, 82(4), (942–963).
- MANKIW, N.G.; ROMER. D; WEIL D.N. (1992). A Contribution to The Empirics of Economic Growth, Quarterly Journal of Economics, 107(2), (407-437).
- RAMCHARAN, R. (2004). Higher or Basic Education? The Composition of Human Capital and Economic Development, IMF Staff Papers, Vol:51, No: 2, , International Monetary Fund.
There are 8 citations in total.
Details
| Other ID | JA44BV45HN |
|---|---|
| Journal Section | Review Article |
| Authors | |
| Publication Date | July 31, 2009 |
| Published in Issue | Year 2009Volume: 1 Issue: 2 |
