Absorption in human capital and r&d effects in an endogenous growth model

Detalhes bibliográficos
Autor(a) principal: Sequeira, Tiago
Data de Publicação: 2007
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10362/11854
Resumo: Until now, in models of endogenous growth with physical capital, human capital and R&D such as in Arnold [Journal of Macroeconomics 20 (1998)] and followers, steady-state growth is independent of innovation activities. We introduce absorption in human capital accumulation and describe the steady-state and transition of the model. We show that this new feature provides an effect of R&D in growth, consumption and welfare. We compare the quantitative effects of R&D productivity with the quantitative effects of Human Capital productivity in wealth and welfare.
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spelling Absorption in human capital and r&d effects in an endogenous growth modelHuman capitalAbsorptionEndogenous growthWelfareUntil now, in models of endogenous growth with physical capital, human capital and R&D such as in Arnold [Journal of Macroeconomics 20 (1998)] and followers, steady-state growth is independent of innovation activities. We introduce absorption in human capital accumulation and describe the steady-state and transition of the model. We show that this new feature provides an effect of R&D in growth, consumption and welfare. We compare the quantitative effects of R&D productivity with the quantitative effects of Human Capital productivity in wealth and welfare.Fundação Amélia de Melo, POCI/FCTNova SBERUNSequeira, Tiago2014-03-27T17:50:30Z20072007-01-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10362/11854enginfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2024-03-11T03:46:33Zoai:run.unl.pt:10362/11854Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-20T03:20:35.119526Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv Absorption in human capital and r&d effects in an endogenous growth model
title Absorption in human capital and r&d effects in an endogenous growth model
spellingShingle Absorption in human capital and r&d effects in an endogenous growth model
Sequeira, Tiago
Human capital
Absorption
Endogenous growth
Welfare
title_short Absorption in human capital and r&d effects in an endogenous growth model
title_full Absorption in human capital and r&d effects in an endogenous growth model
title_fullStr Absorption in human capital and r&d effects in an endogenous growth model
title_full_unstemmed Absorption in human capital and r&d effects in an endogenous growth model
title_sort Absorption in human capital and r&d effects in an endogenous growth model
author Sequeira, Tiago
author_facet Sequeira, Tiago
author_role author
dc.contributor.none.fl_str_mv RUN
dc.contributor.author.fl_str_mv Sequeira, Tiago
dc.subject.por.fl_str_mv Human capital
Absorption
Endogenous growth
Welfare
topic Human capital
Absorption
Endogenous growth
Welfare
description Until now, in models of endogenous growth with physical capital, human capital and R&D such as in Arnold [Journal of Macroeconomics 20 (1998)] and followers, steady-state growth is independent of innovation activities. We introduce absorption in human capital accumulation and describe the steady-state and transition of the model. We show that this new feature provides an effect of R&D in growth, consumption and welfare. We compare the quantitative effects of R&D productivity with the quantitative effects of Human Capital productivity in wealth and welfare.
publishDate 2007
dc.date.none.fl_str_mv 2007
2007-01-01T00:00:00Z
2014-03-27T17:50:30Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10362/11854
url http://hdl.handle.net/10362/11854
dc.language.iso.fl_str_mv eng
language eng
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Nova SBE
publisher.none.fl_str_mv Nova SBE
dc.source.none.fl_str_mv reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron:RCAAP
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