Ítem
Acceso Abierto
Biased technological change, human capital and factor shares
| dc.creator | Zuleta, Hernando | |
| dc.date.accessioned | 2015-09-28T16:30:46Z | |
| dc.date.available | 2015-09-28T16:30:46Z | |
| dc.date.created | 2007 | |
| dc.date.issued | 2007 | |
| dc.description.abstract | We 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. | eng |
| dc.format.extent | [29 páginas] | spa |
| dc.format.medium | Recurso electrónico | spa |
| dc.format.mimetype | application/pdf | |
| dc.format.tipo | Documento | spa |
| dc.identifier.doi | https://doi.org/10.48713/10336_10910 | |
| dc.identifier.editorial | Universidad del Rosario | spa |
| dc.identifier.uri | http://repository.urosario.edu.co/handle/10336/10910 | |
| dc.language.iso | spa | |
| dc.publisher | Universidad del Rosario | spa |
| dc.publisher.department | Facultad de Economía | spa |
| dc.relation.citationTitle | Serie Documentos de trabajo. Economía | |
| dc.relation.uri | https://ideas.repec.org/p/col/000092/004380.html | |
| dc.rights.accesRights | info:eu-repo/semantics/openAccess | |
| dc.rights.acceso | Abierto (Texto completo) | spa |
| dc.rights.cc | Atribución-NoComercial-SinDerivadas 2.5 Colombia | spa |
| dc.source.instname | instname:Universidad del Rosario | spa |
| dc.source.instname | instname:Universidad del Rosario | spa |
| dc.source.reponame | reponame:Repositorio Institucional EdocUR | spa |
| dc.subject.ddc | Economía | |
| dc.subject.keyword | endogenous growth | eng |
| dc.subject.keyword | human capital | eng |
| dc.subject.keyword | factor using and factor saving innovations | eng |
| dc.subject.keyword | factor income shares | eng |
| dc.subject.lemb | Modelos económicos | spa |
| dc.subject.lemb | Capital humano | spa |
| dc.subject.lemb | Cambio tecnológico::Aspectos Económicos | spa |
| dc.title | Biased technological change, human capital and factor shares | spa |
| dc.type | workingPaper | eng |
| dc.type.hasVersion | info:eu-repo/semantics/acceptedVersion | |
| dc.type.spa | Documento de trabajo | spa |
