Skilled labor, unskilled labor, and economic growth

被引:9
|
作者
Mello, Marcelo [1 ]
机构
[1] Fac Ibmec RJ, Dept Econ, BR-20030020 Rio De Janeiro, Brazil
关键词
skilled labor; unskilled labor; elasticity of substitution;
D O I
10.1016/j.econlet.2008.03.012
中图分类号
F [经济];
学科分类号
02 ;
摘要
We study a growth model in which workers with different skill levels are imperfect substitutes. We show that economies with high substitutability between skilled and unskilled workers have high levels of capital, output, and a high proportion of skilled workers. (C) 2008 Elsevier B.V. All rights reserved.
引用
收藏
页码:428 / 431
页数:4
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