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Under the standard neo-classical growth framework, conditional convergence studies assume that a country with a higher initial human capital among others ''performs'' better. Nevertheless the growth implications of health, another component of human capital, compared to education, have not been...
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In this article we assume two levels of skills and two classes of goods, one produced with a technology requiring high skills, the other produced with a technology that can be operated by both low and high skilled workers. Our model generates two distinct labour market regimes. In one regime we...
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Abstract not available
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The purpose of the paper is to show that, from a growth perspective, government resources can be spent in two different ways. Resources can be allocated to uses which support growth, and to uses which generate growth. We take the provision of health services as an example of the first type of...
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Abstract not available
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