Hori, Katsuhiko; Yamada, Katsunori - Faculty of Economics, Keio University - 2008
This paper combines three prototype endogenous growth models, the models with human capital accumulation introduced by Uzawa [1965] and Lucas [1988], variety expansion by Romer [1990], and quality improvements by Aghion and Howitt [1992], in order to investigate how these three engines of growth...