Specific and General Human Capital in an Endogenous Growth Model

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dc.contributor.authorJerbashian, Vahagn
dc.contributor.authorSlobodyan, Sergey
dc.contributor.authorVourvachaki, Evangelia
dc.date.accessioned2017-05-11T10:15:53Z
dc.date.available2017-07-01T22:01:20Z
dc.date.issued2015
dc.date.updated2017-05-11T10:15:53Z
dc.description.abstractIn this article, we define specific (general) human capital in terms of the occupations whose use is spread in a limited (wide) set of industries. We analyze the growth impact of an economy's composition of specific and general human capital, in a model where education and research and development are costly and complementary activities. The model suggests that a declining share of specific human capital, as observed in the Czech Republic, can be associated with a lower rate of long-term growth. We also discuss optimal educational policies in the presence of market frictions.
dc.format.extent38 p.
dc.format.mimetypeapplication/pdf
dc.identifier.idgrec658000
dc.identifier.issn0012-8775
dc.identifier.urihttps://hdl.handle.net/2445/110832
dc.language.isoeng
dc.publisherTaylor and Francis
dc.relation.isformatofVersió postprint del document publicat a: https://doi.org/10.1080/00128775.2015.1033263
dc.relation.ispartofEastern European Economics, 2015, vol. 53, num. 3, p. 167-204
dc.relation.urihttps://doi.org/10.1080/00128775.2015.1033263
dc.rights(c) Taylor and Francis, 2015
dc.rights.accessRightsinfo:eu-repo/semantics/openAccess
dc.sourceArticles publicats en revistes (Economia)
dc.subject.classificationRecursos humans
dc.subject.classificationCreixement econòmic
dc.subject.classificationPolítica educativa
dc.subject.otherHuman capital
dc.subject.otherEconomic growth
dc.subject.otherEducational policy
dc.titleSpecific and General Human Capital in an Endogenous Growth Model
dc.typeinfo:eu-repo/semantics/article
dc.typeinfo:eu-repo/semantics/acceptedVersion

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