GENERALIZED MODEL OF ECONOMIC GROWTH WITH ACCOUNT OF HUMAN CAPITAL ACCUMULATION. II |
2 | |
2010 |
scientific article | 517.97+519.86 | ||
151-158 | economic growth, human capital, balanced growth paths |
The article investigates the generalized model of economic growth with physical and human capital accumulation,
generalizing the well-known Lucas model. Conditions for balanced growth paths existence are established and
some qualitative peculiarities of the paths are pointed out. |
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