인적자본과 경제성장

목차

Ⅰ. 서론

Ⅱ. 인적자본과 경제성장에 대한 이론

Ⅲ. 실증분석

Ⅳ. 결 론

본문내용

19-225.
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______________, 1990, "Endogenous Technical Change," Journal of Political Economy, Vol.98, pp.71-102.
______________, 1994, "The Origins of Endogenous Growth," Journal of Economic Perspective, Vol.8, No.1, pp.3-22.
Tallman, E. W. and P. Wang, 1994, "Human capital and endogenous growth: Evidence from Taiwan," Journal of Monetary Economics, Vol.34, pp.101-124.
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World Bank, 각 년도, World Bank Report, Oxford University Press.
Abstract
Human Capital and Economic Growth
Eun-Woo Lee
In this paper, we studied the theoretical aspects about the role of human capital as a factor of economic growth, and implemented an empirical analysis by using cross-sectional country level data. Theoretical analysis is mainly based on Lucas(1998) model which is widely considered as a representative research on the relationship between human capital and economic growth. There are two kinds of capital in Lucas model: physical capital that is accumulated and utilized in production under familiar neoclassical technology, and human capital that enhance the productivity of labor and capital. Human capital plays a central role.
We extended Lucas model by incorporating overlapping generational structure. In this model, there is a continuum of overlapping generations families, in which each individual lives for two periods. All individuals born at time t inherit the aggregate human capital accumulated by the previous generation of individuals born at date t-1. An individual must choose how much time to spend in education to maximize his or her intertemporal utility of consumption. The optimum solution of time allocation to education is an increasing function of the productivity of education, and a decreasing function of the rate of time preference.
Next, we analyzed the relationships between economic growth and school finance for human capital formation. We compared the growth outcomes under segregation and integration. Our model showed that integration may slow down growth in the short run but increase it in the long run.
Empirical analysis, based on Lucas model, was conducted by using the country level cross-sectional data in World Bank Report. We grouped the countries into three classes, i.e., low-income, middle-income, and high-income countries. In case of middle-income countries, the empirical analysis showed that human capital formation has a positive effect on the rate of economic growth.

키워드

인적,   자본,   경제성장,   인적자본과 경제성장에 대한 이론,   실증분석,   인적자본