Productivity Distribution and Economic Growth

被引：0
|
作者：
Cho, Jang Ok [1 ]
Chu, Hyo-Youn [2 ]
Kim, Hyung Seok E. [3 ]
Lee, Jaywon [4 ]
机构：
[1] Sogang Univ, Dept Econ, CPO Box 1142, Seoul 04107, South Korea
[2] Kyung Hee Univ, Coll Int Studies, 1732 Deogyeong Daero, Yongin 17104, Gyeonggi Do, South Korea
[3] Korea Adv Inst Sci & Technol, Grad Sch Management, 85 Hoegiro, Seoul 02455, South Korea
[4] Korea Adv Inst Sci & Technol, Coll Business, 85 Hoegiro, Seoul 02455, South Korea
来源：
KOREAN ECONOMIC REVIEW | 2016年 / 32卷 / 01期
关键词：
Economic Growth; Productivity Distribution; Human Capital; Incomplete Markets; LONG-RUN GROWTH; INCOME-DISTRIBUTION; ENDOGENOUS GROWTH; INCREASING RISK; MODEL; WEALTH; INSTABILITY; EQUILIBRIA; INEQUALITY; RETURNS;
D O I：
暂无
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This paper develops a tractable model of economic growth in which heterogeneous households produce capital a la Romer (1986). The paper demonstrates that depending on its varying degrees of persistence, productivity heterogeneity dictates economic growth. A regression analysis based upon a reduced-form version of the model shows that the persistence of human capital is the driving force behind the positive effects of productivity dispersion on economic growth.
引用
收藏
页码：23 / 40
页数：18
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