Phases of Economic Development: Do Initial Endowments Matter?
Use este enlace para citar
http://hdl.handle.net/2183/13934Coleccións
- GI-C+D - Artigos [125]
Metadatos
Mostrar o rexistro completo do ítemTítulo
Phases of Economic Development: Do Initial Endowments Matter?Data
2012Centro/Dpto/Entidade
Departamento de Economía Aplicada IICita bibliográfica
Gómez, Manuel A. and Sequeira, Tiago N. (2012), Phases of economic development: Do initial endowments matter?, B.E. Journal of Macroconomics 12 (1) (Topics). DOI: 10.1515/1935-1690.2401
Resumo
[Abstract] Different industrializing experiences beginning on innovation or education could be explained not only by different structural parameters or policies but also by differences in factor endowments. In this paper, we consider an endogenous growth model with physical capital, human capital and R&D. We show that the initial endowments can determine the sequence of the phases of development that the economy follows; in particular, whether innovation precedes education or viceversa.
Palabras chave
Endogenous growth
Transitional dynamics
Innovation
Education
Transitional dynamics
Innovation
Education
Descrición
The final publication is available at www.degruyter.com
Versión do editor
ISSN
1935-1690