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A theory of development and long run growth

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  • Kosempel, Stephen

Abstract

This paper presents a synthesized theory of development and long run growth. The theory that is presented combines two engines of growth which have been emphasized in the literature: technological progress and human capital accumulation. In the model, the growth rate of per capita output depends in part on the interaction between these two types of economic forces.
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  • Kosempel, Stephen, 2004. "A theory of development and long run growth," Journal of Development Economics, Elsevier, vol. 75(1), pages 201-220, October.
    • Handle: RePEc:eee:deveco:v:75:y:2004:i:1:p:201-220
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    2. Pierre-Richard Agénor, 2012. "Infrastructure, Public Education And Growth With Congestion Costs," Bulletin of Economic Research, Wiley Blackwell, vol. 64(4), pages 449-469, October.
    3. Zakaria Babutsidze & Maurizio Iacopetta, 2016. "Innovation, growth and financial markets," Journal of Evolutionary Economics, Springer, vol. 26(1), pages 1-24, March.
    4. Guo, Lu & Li, Fangfang, 2015. "Industrial structure and productivities in a two-sector growth model," MPRA Paper 63447, University Library of Munich, Germany.
    5. Agénor, Pierre-Richard, 2010. "A theory of infrastructure-led development," Journal of Economic Dynamics and Control, Elsevier, vol. 34(5), pages 932-950, May.
    6. Iacopetta, Maurizio, 2011. "Formal education and public knowledge," Journal of Economic Dynamics and Control, Elsevier, vol. 35(5), pages 676-693, May.
    7. Faizan, Riffat & Haque, Adnan ul, 2016. "The Relationship between Societal attributes, Feminine Leadership & Management Style: Responses from Pakistan's Urban Region Female-Owned Businesses," MPRA Paper 73458, University Library of Munich, Germany, revised 21 Aug 2016.
    8. Gilad D. Aharonovitz, 2011. "Why Cannot Poor Countries Utilize Existing Knowledge? Expansion Of Firms And Human Capital Accumulation By Training," Economic Inquiry, Western Economic Association International, vol. 49(1), pages 108-121, January.
    9. Kui-Wai Li, 2014. "An analysis on economic opportunity," Applied Economics, Taylor & Francis Journals, vol. 46(33), pages 4060-4074, November.
    10. Stephen Kosempel, 2007. "Interaction between knowledge and technology: a contribution to the theory of development," Canadian Journal of Economics, Canadian Economics Association, vol. 40(4), pages 1237-1260, November.
    11. Cysne, Rubens Penha, 2004. "Solving the non-convexity problem in some shopping-time and human-capital models," FGV EPGE Economics Working Papers (Ensaios Economicos da EPGE) 567, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil).
    12. Talat S. Genc & Stephen Kosempel, 2023. "Energy Transition and the Economy: A Review Article," Energies, MDPI, vol. 16(7), pages 1-26, March.
    13. Pierre-Richard Agénor, 2006. "A Theory of Infrastructure-led Development," Economics Discussion Paper Series 0640, Economics, The University of Manchester.

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