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Human capital and endogenous growth
Title
Human capital and endogenous growth.
Creator
Stewart, John Richard., Florida Atlantic University, Yuhn, Ky-hyang
Abstract/Description
Using both exogenous and endogenous theory, this paper develops a synthesized model treating human capital as an endogenous contributor to long run economic growth. Human capital is assumed to be the basis of such growth, therefore, the focus is not on technological change per se. Through empirical analysis, human capital is measured by knowledge, and that the accumulation of knowledge, or specialization, is determined through an incentive system. The incentive system, in turn, is determined...
Show moreUsing both exogenous and endogenous theory, this paper develops a synthesized model treating human capital as an endogenous contributor to long run economic growth. Human capital is assumed to be the basis of such growth, therefore, the focus is not on technological change per se. Through empirical analysis, human capital is measured by knowledge, and that the accumulation of knowledge, or specialization, is determined through an incentive system. The incentive system, in turn, is determined by the difference in wages paid to certain types of knowledge, those being a general level and a specialized level of knowledge. It is assumed that the learning process can take place at any time, therefore, the specialization process is not limited to an academic environment. A spillover effect associated with specialized knowledge provides for increasing returns to scale in the model, which is also supported by empirical data.
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Date Issued
1999
PURL
http://purl.flvc.org/fcla/dt/15659
Subject Headings
Human capital, Economic development
Format
Document (PDF)
EFFECTS OF GENERAL AND SPECIFIC HUMAN CAPITAL ON NEW VENTURE PERFORMANCE: THE ROLE OF GENDER
Title
EFFECTS OF GENERAL AND SPECIFIC HUMAN CAPITAL ON NEW VENTURE PERFORMANCE: THE ROLE OF GENDER.
Creator
Sherbondy, Sara, Castrogiovanni, Gary J., Florida Atlantic University, Department of Management, College of Business
Abstract/Description
This study tests a model that draws on human capital theory to explain how individual characteristics of founding entrepreneurs influence performance of their new businesses. Using data from Project GATE (Growing America Through Entrepreneurship), this research study assesses the direct effect of gender on new venture performance and the moderating role of gender on the relationship between general and specific human capital and new venture performance.
Date Issued
2022
PURL
http://purl.flvc.org/fau/fd/FA00014059
Subject Headings
Human capital, New Ventures (Firm), Gender
Format
Document (PDF)
Offshoring and wage convergence
Title
Offshoring and wage convergence.
Creator
Brigida, Matthew David., Florida Atlantic University, Yuhn, Ky-hyang
Abstract/Description
The recent advances in communication technology are changing the structure of the labor market in the United States. Jobs, which previously had to be done in the United States, can now be done offshore and thus American companies can take advantage of the wage differentials between countries. To see the potential effects that such a structural change may have on economic growth, we first examine the 19th century convergence between Europe and the New World countries. Thereafter we introduce a...
Show moreThe recent advances in communication technology are changing the structure of the labor market in the United States. Jobs, which previously had to be done in the United States, can now be done offshore and thus American companies can take advantage of the wage differentials between countries. To see the potential effects that such a structural change may have on economic growth, we first examine the 19th century convergence between Europe and the New World countries. Thereafter we introduce a model of economic growth that will take into account a particular aspect of present day offshoring. Many of the workers being brought into the United States labor market are highly skilled. After this, we introduce Skill-Biased Technological Change and look at how it may be affected by offshoring.
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Date Issued
2004
PURL
http://purl.flvc.org/fcla/dt/13125
Subject Headings
Convergence--19th century, Wages--Effect of technological innovations on, Human capital--Econometric models, Labor supply--Effect of technological innovations on
Format
Document (PDF)