Dynamics in a non-scale R&D growth model with human capital: Explaining the Japanese and South Korean development experiences
(2005)
Journal Article
Papageorgiou, C., & Perez-Sebastian, F. (2006). Dynamics in a non-scale R&D growth model with human capital: Explaining the Japanese and South Korean development experiences. Journal of Economic Dynamics and Control, 30(6), 901-930. https://doi.org/10.1016/j.jedc.2005.03.005
This paper constructs an R&D non-scale growth model that includes endogenous human capital. The goal is to take the model's implications to the data once the complementarity between technology and human capital, commonly found in the empirical litera... Read More about Dynamics in a non-scale R&D growth model with human capital: Explaining the Japanese and South Korean development experiences.