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Human Capital Composition, Growth and Development in an R&D Endogenous Growth Model

dc.contributor.authorSequeira, Tiago
dc.date.accessioned2019-10-07T12:26:52Z
dc.date.available2019-10-07T12:26:52Z
dc.date.issued2003
dc.description.abstractThe effect of human capital composition on growth and development has been somewhat neglected in economic literature. However, evidence has suggested the importance of engineering and technical skills to economic growth and international organizations had suggested their shortage in developed countries. Using a standard increasing variety endogenous growth model, we propose various measures of this composition. We show that human capital composition matters to growth and development, that the decentralized equilibrium leads to less investment in high-techs than the optimum and that the tendency to under-invest in R&D is expanded when human capital composition is considered. When compared to data, the model does well in explaining the rate of growth and the level of development (less robustly) as a function of these measures.pt_PT
dc.description.versionN/Apt_PT
dc.identifier.citationNeves Sequeira, Tiago, Human Capital Composition, Growth and Development in an R&D Endogenous Growth Model (2003): FEUNL Working Paper Series No. 434pt_PT
dc.identifier.urihttp://hdl.handle.net/10362/83496
dc.language.isoengpt_PT
dc.peerreviewednopt_PT
dc.publisherNova SBEpt_PT
dc.relation.ispartofseriesFEUNL Working Paper Series;434
dc.subjectHuman Capital Compositionpt_PT
dc.subjectGrowthpt_PT
dc.subjectDevelopmentpt_PT
dc.subjectR&Dpt_PT
dc.titleHuman Capital Composition, Growth and Development in an R&D Endogenous Growth Modelpt_PT
dc.typeworking paper
dspace.entity.typePublication
person.familyNameSequeira
person.givenNameTiago
person.identifier.ciencia-idF614-52AD-70CF
person.identifier.orcid0000-0002-5501-1562
person.identifier.ridB-5900-2009
person.identifier.scopus-author-id8310778100
rcaap.rightsopenAccesspt_PT
rcaap.typeworkingPaperpt_PT
relation.isAuthorOfPublicationcd1aced1-82f1-4d49-acc6-e0cd361f702f
relation.isAuthorOfPublication.latestForDiscoverycd1aced1-82f1-4d49-acc6-e0cd361f702f

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