Human capital and growth in japan since 1970: converging to the steady state in a 1% world.

Annual growth in GDP/adult in Japan has declined from over 10% in 1969 to an average of 1% since the financial crisis in 1991. I show that a dynamic Solow growth model, augmented with human capital, weekly labor-hours, and oil prices, explains Japan’s annual growth rates from 1969 to 2007 as conditi...

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Autores:
Breton, Theodore R.
Tipo de recurso:
Fecha de publicación:
2013
Institución:
Universidad EAFIT
Repositorio:
Repositorio EAFIT
Idioma:
eng
OAI Identifier:
oai:repository.eafit.edu.co:10784/549
Acceso en línea:
http://hdl.handle.net/10784/549
Palabra clave:
Japan
Human Capital
Schooling
Productivity
Economic Growth
Convergence
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