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New technology, Human Capital and Growth for Developing Countries
Van, Cuong Le; Nguyen, Manh-Hung; Luong, Thai Bao - HAL - 2006
We consider a developing country with three sectors in economy: consumption goods, new technology, and education. Productivity of the consumption goods sector depends on new technology and skilled labor used for production of the new technology. We show that there might be three stages of...
Persistent link: https://www.econbiz.de/10010750406
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New technology, Human Capital and Growth for Developing Countries
Van, Cuong Le; Nguyen, Manh-Hung; Luong, Thai Bao - HAL - 2006
-d'oeuvre qualifiée utilisée pour la production de cette technologie. Nous montrons qu'il peut y avoir trois phases dans le processus de … croissance économique. Dans la première phase, le pays se concentre sur la production des biens de consommation ; dans la … deuxième phase, il nécessite que le pays importe du capital physique pour produire des biens de consommation et du capital de …
Persistent link: https://www.econbiz.de/10008795278
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New Technology, Human Capital and Growth in a Developing Country
Van, Cuong Le; Nguyen, Tu-Anh; Nguyen, Manh-Hung; … - HAL - 2010
In a developing country with three sectors: consumption goods, new tech- nology, and education, the productivity of the consumption goods depends on a new technology and skilled labor used to produce this new technology. There can be three stages of economic growth. In the …rst stage the...
Persistent link: https://www.econbiz.de/10008795448
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New Technology, Human Capital and Growth in a Developing Country
Van, Cuong Le; Nguyen, Tu-Anh; Nguyen, Manh-Hung; … - HAL - 2010
In a developing country with three sectors: consumption goods, new tech- nology, and education, the productivity of the consumption goods depends on a new technology and skilled labor used to produce this new technology. There can be three stages of economic growth. In the …rst stage the...
Persistent link: https://www.econbiz.de/10010603629
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No-arbitrage, overlapping sets of priors and the existence of efficient allocations and equilibria in the presence of risk and ambiguity
Dana, Rose-Anne; Van, Cuong Le - HAL - 2009
levels of wealths either positive or negative. It is equivalent to the condition that there does not exist mutually …
Persistent link: https://www.econbiz.de/10010738543
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Modelling Transition And International Opening In Asia: The Case Of Vietnam With A Comparison With China And The "Asian Tigers"
Sand-Zantman, Alain; Brillet, Jean-Louis; Van, Cuong Le; … - HAL - 2000
This paper describes the multisectoral macroeconomic model of a small developing economy in transition, in order to highlight linkages between agriculture and the rest of the economy, and consequences of external opening up. Agriculture is a supply sector, sticky in the short range with market...
Persistent link: https://www.econbiz.de/10010738574
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Overlapping sets of priors and the existence of efficient allocations and equilibria for risk measures
Dana, Rose-Anne; Van, Cuong Le - HAL - 2010
The overlapping expectations and the collective absence of arbitrage conditions introduced in the economic literature to insure existence of Pareto optima and equilibria with short-selling when investors have a single belief about future returns, is reconsidered. Investors use measures of risk....
Persistent link: https://www.econbiz.de/10010738638
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With Exhaustible Resources, Can A Developing Country Escape From The Poverty Trap?
Van, Cuong Le; Schubert, Katheline; Nguyen, Tu-Anh - HAL - 2010
This paper studies the optimal growth of a developing non-renewable natural resource producer. It extracts the resource, and produces a single consumption good with man-made capital. Moreover, it can sell the extracted resource abroad and use the revenues to buy an imported good, perfect...
Persistent link: https://www.econbiz.de/10010775794
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On the existence of a Ramsey equilibrium with endogenous labor supply and borrowing constraints
Bosi, Stefano; Van, Cuong Le - HAL - 2011
In this paper, we study the existence of an intertemporal equilibrium in a Ramsey model with heterogenous discounting, elastic labor supply and borrowing constraints. Applying a fixed-point argument by Gale and Mas-Colell (1975), we prove the existence of an equilibrium in a truncated bounded...
Persistent link: https://www.econbiz.de/10011025551
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Intertemporal equilibrium with production: bubbles and efficiency
Bosi, Stefano; Van, Cuong Le; Pham, Ngoc-Sang - HAL - 2014
We consider a general equilibrium model with heterogeneous agents, borrowing constraints, and exogenous labor supply. First, the existence of intertemporal equilibrium is proved even if the aggregate capitals are not uniformly bounded above and the production functions are not time invariant....
Persistent link: https://www.econbiz.de/10011025564