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dc.creatorZuleta, Hernando 
dc.date.accessioned2015-09-28T16:30:46Z
dc.date.available2015-09-28T16:30:46Z
dc.date.created2007
dc.date.issued2007
dc.identifier.urihttp://repository.urosario.edu.co/handle/10336/10910
dc.descriptionWe propose a one-good model where technological change is factor saving and costly. We consider a production function with two reproducible factors: physical capital and human capital, and one not reproducible factor. The main predictions of the model are the following: (a) The elasticity of output with respect to the reproducible factors depends on the factor abundance of the economies. (b) The income share of reproducible factors increases with the stage of development. (c) Depending on the initial conditions, in some economies the production function converges to AK, while in other economies long-run growth is zero. (d) The share of human factors (raw labor and human capital) converges to a positive number lower than one. Along the transition it may decrease, increase or remain constant.
dc.format.extent[29 páginas]
dc.format.mediumRecurso electrónico
dc.format.mimetypeapplication/pdf
dc.language.isospa
dc.relation.urihttps://ideas.repec.org/p/col/000092/004380.html
dc.sourceinstname:Universidad del Rosario
dc.sourcereponame:Repositorio Institucional EdocUR
dc.sourceinstname:Universidad del Rosario
dc.subject.ddcEconomía 
dc.subject.lembModelos económicos
dc.subject.lembCapital humano
dc.subject.lembCambio tecnológico::Aspectos Económicos
dc.titleBiased technological change, human capital and factor shares
dc.typeworkingPaper
dc.publisherUniversidad del Rosario
dc.publisher.departmentFacultad de Economía
dc.identifier.editorialUniversidad del Rosario
dc.subject.keywordendogenous growth
dc.subject.keywordhuman capital
dc.subject.keywordfactor using and factor saving innovations
dc.subject.keywordfactor income shares
dc.rights.accesRightsinfo:eu-repo/semantics/openAccess
dc.type.spaDocumento de trabajo
dc.rights.accesoAbierto (Texto completo)
dc.type.hasVersioninfo:eu-repo/semantics/acceptedVersion
dc.format.tipoDocumento
dc.rights.ccAtribución-NoComercial-SinDerivadas 2.5 Colombia


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