This study builds a three-sector growth model with endogenous physical and human wealth accumulation. It deals with dynamic interactions among land value, economic structural change, wealth accumulation and human capital growth. The economy consists of industrial, agricultural and education...

The purpose of this study is to examine effects of tourism on economic development. We build an economic growth model of a small open country with tourism in a perfectly competitive economy. The economy consists of one service sector and one industrial sector. International tourists and domestic...

The purpose of this study is to develop a two sector growth model with elastic labor supply and preference change. The preference change is influenced by the ideas of time preference and habit formation in the Ramsey-type growth theory. This study deals with interactions among capital...

The purpose of this paper is to study economic growth with preference change on the basis of the Solow one-sector growth model, Zhang’s alternative approach to household behavior, the Ramsey growth theory with time preference, and the traditional growth model with habit formation. The...

The purpose of this study is to study dynamic interactions among economic growth, structural change, international trade and tourist flows. It builds a multi-country growth model with endogenous wealth accumulation and tourism. The model is unique in that it introduces endogenous tourism within...

This paper proposes a growth model with heterogeneous capital and consumption goods and services. It structurally generalizes the Uzawa growth model by introducing heterogeneous capital and multiple consumption goods and services. We show the dynamic properties of the model and simulate the...

This paper is mainly concerned with relationships between economic growth and gender discrimination in labor markets and education. Although discrimination in different fields has well been addresses and modelled in the economic literature, there are only a few growth models with endogenous...

This paper studies dynamic interdependence among physical capital, resource and human capital. We integrate the Solow one-sector growth, Uzawa-Lucas two-sector and some neoclassical growth models with renewable resource models. The economic system consists of the households, production sector,...

The purpose of this study is to study dynamic interactions among economic growth, structural change, international trade and tourist flows. It builds a multi-country growth model with endogenous wealth accumulation and tourism.Â...