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A human capital theory of structural transformation
Gillman, Max, 1957- - Author
31 stran : ilustrace ; 21 cm
ISBN 978-80-7343-455-7, ISBN 978-80-7344-512-6
Working paper series,
lidský kapitál produktivita technologický rozvoj
studieCall number C 395.955 Umístění 331.1 - Personalistika. Lidské zdroje. Odbory Title statement A human capital theory of structural transformation / Max Gillman Main entry-name Gillman, Max, 1957- (Author) Publication Prague : CERGE-EI, 2019 Phys.des. 31 stran : ilustrace ; 21 cm ISBN 978-80-7343-455-7 978-80-7344-512-6 National bibl. num. cnb003171213 Edition Working paper series (CERGE-EI) ; 648 Internal Bibliographies/Indexes Note Obsahuje bibliografii a bibliografické odkazy Language note České a anglické resumé Subj. Headings lidský kapitál * produktivita * technologický rozvoj Form, Genre studie Conspect 331 - Práce UDC 331.108.23 , 005.61 , 62:001.892 , (048.8) Country Česko Language angličtina Ve volném výběru 331.1 - Personalistika. Lidské zdroje. Odbory Document kind BOOKS The paper presents a human capital based theory of the sectoral transformation along the balanced growth path equilibrium. Allowing a small upward trend in the productivity of the human capital sector, combined with di§erential human capital intensity and constant productivity across sectors, output gradually shifts over time from relatively less human capital intensive sectors towards more human capital intensive sectors. Sectors intensive in the factor that is becoming relatively more plentiful find their relative prices falling, their "effective productivities" rising at di§erential rates inversely to their relative price decline, and their relative outputs expanding. Adding more sectors of greater human capital intensity causes labor time to decrease across existing sectors, and by relatively more in the least human capital sectors. literature. Zdroj anotace: OKCZ - ANOTACE Z WEBULoading…
Number of the records: 1