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題名 Endogenous fertility and human capital in a Schumpeterian growth model
作者 Chu, A.C.;Cozzi, G.;Liao, Chih-Hsing
廖志興
貢獻者 經濟系
關鍵詞 Economic growth; Endogenous fertility; Patent policy
日期 2013-01
上傳時間 21-May-2015 17:12:23 (UTC+8)
摘要 This study develops a scale-invariant Schumpeterian growth model with endogenous fertility and human capital accumulation. The model features two engines of long-run economic growth: R&D-based innovation and human capital accumulation. One novelty of this study is endogenous fertility, which negatively affects the growth rate of human capital. Given this growth-theoretic framework, we characterize the dynamics of the model and derive comparative statics of the equilibrium growth rates with respect to structural parameters. As for policy implications, we analyze how patent policy affects economic growth through technological progress, human capital accumulation, and endogenous fertility. In summary, we find that strengthening patent protection has (a) a positive effect on technological progress, (b) a negative effect on human capital accumulation through a higher rate of fertility, and (c) an ambiguous overall effect on economic growth. © 2012 Springer-Verlag.
關聯 Journal of Population Economics, 26(1), 181-202
資料類型 article
DOI http://dx.doi.org/10.1007/s00148-012-0433-9
dc.contributor 經濟系
dc.creator (作者) Chu, A.C.;Cozzi, G.;Liao, Chih-Hsing
dc.creator (作者) 廖志興zh_TW
dc.date (日期) 2013-01
dc.date.accessioned 21-May-2015 17:12:23 (UTC+8)-
dc.date.available 21-May-2015 17:12:23 (UTC+8)-
dc.date.issued (上傳時間) 21-May-2015 17:12:23 (UTC+8)-
dc.identifier.uri (URI) http://nccur.lib.nccu.edu.tw/handle/140.119/75272-
dc.description.abstract (摘要) This study develops a scale-invariant Schumpeterian growth model with endogenous fertility and human capital accumulation. The model features two engines of long-run economic growth: R&D-based innovation and human capital accumulation. One novelty of this study is endogenous fertility, which negatively affects the growth rate of human capital. Given this growth-theoretic framework, we characterize the dynamics of the model and derive comparative statics of the equilibrium growth rates with respect to structural parameters. As for policy implications, we analyze how patent policy affects economic growth through technological progress, human capital accumulation, and endogenous fertility. In summary, we find that strengthening patent protection has (a) a positive effect on technological progress, (b) a negative effect on human capital accumulation through a higher rate of fertility, and (c) an ambiguous overall effect on economic growth. © 2012 Springer-Verlag.
dc.format.extent 391367 bytes-
dc.format.mimetype application/pdf-
dc.relation (關聯) Journal of Population Economics, 26(1), 181-202
dc.subject (關鍵詞) Economic growth; Endogenous fertility; Patent policy
dc.title (題名) Endogenous fertility and human capital in a Schumpeterian growth model
dc.type (資料類型) articleen
dc.identifier.doi (DOI) 10.1007/s00148-012-0433-9
dc.doi.uri (DOI) http://dx.doi.org/10.1007/s00148-012-0433-9