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In the dominant literature, the technological-knowledge bias that drives wage inequality is determined by the market-size channel. We develop an endogenous growth model with two technologies in which: a specific quality of labour, low or high-skilled, is combined with a specific set of...
Persistent link: https://www.econbiz.de/10005059557
In this paper, we study human capital effects on economic growth of Portugal from 1960 to 2001. By using VAR and cointegration analyses, we obtain 0.42 long-run estimate for human capital elasticity, 0.30 long-run estimate for internal knowledge elasticity, and 0.40 long-run estimate for the...
Persistent link: https://www.econbiz.de/10005059562
This paper empirically assesses the validity of a model which combines organisational ecology and evolutionary theory to analyse human capital accumulation decisions at firm level. The main argument of the model is that factors underlying the process of plants’ reproduction, especially the...
Persistent link: https://www.econbiz.de/10005031594
The present paper provides a review of the literature focusing the relationship between human capital and performance essentially at firm level. The exposition is approached in three different but interrelated perspectives: economic, technological and survival. The exercise of reviewing existing...
Persistent link: https://www.econbiz.de/10005031604