The standard two-sector growth model with physical and human capital characterizes a process of material accumulation involving simple dynamics; constant long run growth is observable when assuming conventional Cobb-Douglas production functions in both sectors. This framework is developed under...

The current literature on firm dynamics considers the mobility of firms within the productivity distribution to be determined by exogenous random shocks. This paper evaluates human capital and learning by doing as possible factors determining the mobility once the exogenous shocks have taken...

How do Growth affects labor market’s work? This question is important, because, labor market plays a key role in determining the success of poverty reduction policies. Using the times series data, we have been able to confirm the prediction of theory which present a positive effect of growth...

In this paper, we focus on the research of the impact of religion and political regime on human capital and economic development. There is a lot of incentive literature concerning the impact of political regime and religion on the economic development. However, we use different approach to show...

The main objective of this paper is to evaluate technologically (innovation or imitation) the role of human capital in Cameroon as far as economic growth is concerned. Higher education is designed to be the main technological aspect of human capital. Theoretically, the stock of knowledge...

This study examines sources of Australian labour productivity change from 1950 to 1994. Time-series data are used to estimate a model capturing the interaction between labour productivity, fixed capital, human capital, telecommunications, trade openness and international competitiveness....

This paper analyzes the impact of post-secondary education on wages in Israel. The focus is on the impact of university choice on individual wages controlling for the degree acquired and the area of study. Although the raw data indicate that universities command a different return to education,...

We consider a demoeconomic model where output is produced using physical capital, human capital and technology as inputs. Human capital depends on the number of people and the level of education in the economy. The dynamics of labour, physical capital, education and technology are endogenously...