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• W2053896256 abstract "We present an endogenous growth model with human capital and learning by doing. Human capital is not an input factor in the production process of final output but it affects the ability to build up knowledge capital as a by-product of cumulated investment (learning by doing). Human capital is formed in the schooling sector that is financed by the government. The government may run into debt but always obeys the inter-temporal budget constraint. The paper analyzes the structure of the model and studies effects of different budgetary policies as regards the balanced growth rate and with respect to transition dynamics." @default.
• W2053896256 created "2016-06-24" @default.
• W2053896256 creator A5072260655 @default.
• W2053896256 date "2009-01-01" @default.
• W2053896256 modified "2023-09-26" @default.
• W2053896256 title "Human Capital Formation, Learning by Doing and the Government in the Process of Economic Growth" @default.
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• W2053896256 doi "https://doi.org/10.2139/ssrn.1503800" @default.
• W2053896256 hasPublicationYear "2009" @default.
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