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- W2353499436 abstract "A hypothesis of creative substitution in human capital is presented in this research.The basic idea is that on the premise ofposition rationingin labor market,one’s creative effect in human capital presupposes its substi - tution for another human capital,and the process leads to negative externality.Theoretically the hypothesis synthe - sizes reasonably the previous human capital theories and explains practically the phenomena of the appearance of the graduate unemployment in the past years in China,which has fairly important policy implications." @default.
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- W2353499436 date "2004-01-01" @default.
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- W2353499436 title "An Approach to the Effect of Creative Substitution in Human Capital" @default.
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