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

页码：23 / 40

页数：18

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