On Endogenous Growth with Physical and Human Capital
Bibliographic Data
| ID | 10171018 |
|---|---|
| Authors | Jordi Caballé (0000-0003-0253-5634), Manuel S Santos (0000-0001-9175-6070) |
| Year | 1993 |
| Volume | 101 |
| Issue | 6 |
| Pages | 1042-1067 |
| Publication date | 1993-12-01 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | Journal of Political Economy (JOURNAL) |
| Journal identifiers | ISSN: 0022-3808 • E-ISSN: 1537-534X |
| Publisher | University of Chicago Press (PUBLISHER • US) |
| DOI | 10.1086/261914 |
| OpenAlex | W2059195845 |
| Language | EN |
| Citations received | 23 |
| References cited | 7 |
This paper presents a class of models in which agents may devote part of their nonleisure activities to going to school so as to increase the efficiency units of labor they supply to the firms and the wages they receive. The interaction among the technology of human capital accumulation and agents' preferences will determine endogenously the economy's rate of growth. Given a constant returns to scale technology for physical capital accumulation, the authors characterize the set of steady states as a ray from the origin and show the global convergence of every off-balanced path to some point on this ray. Copyright 1993 by University of Chicago Press
Capital (architecture · Capital accumulation · Capital deepening · Capital formation · Control (management · Convergence (economics · Economic system · Economics · Endogenous growth theory · Financial capital · Human capital · Labour economics · Macroeconomics · Market economy · Microeconomics · Physical capital · Production (economics · Returns to scale · Scale (ratio · Set (abstract data type · Computer Science · Economic Growth and Productivity · Economic theories and models · Economic Theory and Policy
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Collateral and growth cycles with heterogeneous agents
Political and Social Dimensions of Economic Growth
Growth Effects of Taxation Under Altruism and Low Elasticity of Intertemporal Substitution
Prosperity and Fairness? Can New Labour Bring Fairness to the 21st Century by Following the Dictates of Endogenous Growth
Composite effects of human, natural and social capitals on sustainable food-crop farming in Sub-Saharan Africa
Housing and Endogenous Long-Term Growth
Contemporary macroeconomics and optimal control theory
Consumption and Leisure Externalities, Economic Growth and Equilibrium Efficiency
Determinants of Economic Growth
Technological progress, institutions, and environment
Macroeconomic and institutional determinants of human capital wealth
Economic analysis of law
War and Economic Performance
On the Interaction of Human and Physical Capital in Latin America
The Relationship Between Income Inequality and Economic Growth
Production, growth and business cycles
Threshold Externalities in Economic Development
Government Spending in a Simple Model of Endogeneous Growth
Human Capital, Fertility, and Economic Growth
Increasing Returns and Long-Run Growth
A Convex Model of Equilibrium Growth
A Contribution to the Empirics of Economic Growth
| Unique citing works | 23 |
|---|---|
| Citations per year | 0,7 |
| Citation span | 1993 - 2025 (33) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 23 |