Economic Growth, humand capital and negative externalities: stability and chaos

Autores
London, Silvia
Año de publicación
2009
Idioma
inglés
Tipo de recurso
artículo
Estado
versión publicada
Descripción
In this work we analyze the importance of the accumulation of human capital through the formal educational system for economic growth. We base our analysis on two previous models (London: 2005, London: 2006) in which, starting with the framework in (Lucas: 1988) we add a parameter of distortion on the formal educational sector. The mathematical model is built upon a logistic equation. Since it is not analytically solvable, we run simulations for different scenarios, using data from Argentina. The main conclusion we reach is that the stability of the growth process depends critically on afine tuned combination of the main variables. This suggests very specific policies of development that albeit being intuitively sound, can be inefficient.
Fil: London, Silvia. Consejo Nacional de Investigaciones Científicas y Técnicas. Centro Científico Tecnológico Conicet - Bahía Blanca. Instituto de Investigaciones Económicas y Sociales del Sur. Universidad Nacional del Sur. Departamento de Economía. Instituto de Investigaciones Económicas y Sociales del Sur; Argentina
Materia
GROWTH
EDUCATION
CHAOTIC SYSTEMS
Nivel de accesibilidad
acceso abierto
Condiciones de uso
https://creativecommons.org/licenses/by/2.5/ar/
Repositorio
CONICET Digital (CONICET)
Institución
Consejo Nacional de Investigaciones Científicas y Técnicas
OAI Identificador
oai:ri.conicet.gov.ar:11336/135147
Acceder
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spelling Economic Growth, humand capital and negative externalities: stability and chaosLondon, SilviaGROWTHEDUCATIONCHAOTIC SYSTEMShttps://purl.org/becyt/ford/5.2https://purl.org/becyt/ford/5In this work we analyze the importance of the accumulation of human capital through the formal educational system for economic growth. We base our analysis on two previous models (London: 2005, London: 2006) in which, starting with the framework in (Lucas: 1988) we add a parameter of distortion on the formal educational sector. The mathematical model is built upon a logistic equation. Since it is not analytically solvable, we run simulations for different scenarios, using data from Argentina. The main conclusion we reach is that the stability of the growth process depends critically on afine tuned combination of the main variables. This suggests very specific policies of development that albeit being intuitively sound, can be inefficient.Fil: London, Silvia. Consejo Nacional de Investigaciones Científicas y Técnicas. Centro Científico Tecnológico Conicet - Bahía Blanca. Instituto de Investigaciones Económicas y Sociales del Sur. Universidad Nacional del Sur. Departamento de Economía. Instituto de Investigaciones Económicas y Sociales del Sur; ArgentinaUniversidade Católica de Brasília. Mestrado e Doutorado em Economia2009-12info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionhttp://purl.org/coar/resource_type/c_6501info:ar-repo/semantics/articuloapplication/pdfapplication/pdfapplication/pdfhttp://hdl.handle.net/11336/135147London, Silvia; Economic Growth, humand capital and negative externalities: stability and chaos; Universidade Católica de Brasília. Mestrado e Doutorado em Economia; Revista Brasileira de Economia de Empresas; 9; 1; 12-2009; 7-151676-8000CONICET DigitalCONICETenginfo:eu-repo/semantics/altIdentifier/url/https://portalrevistas.ucb.br/index.php/rbee/article/view/4213info:eu-repo/semantics/openAccesshttps://creativecommons.org/licenses/by/2.5/ar/reponame:CONICET Digital (CONICET)instname:Consejo Nacional de Investigaciones Científicas y Técnicas2025-10-22T11:52:36Zoai:ri.conicet.gov.ar:11336/135147instacron:CONICETInstitucionalhttp://ri.conicet.gov.ar/Organismo científico-tecnológicoNo correspondehttp://ri.conicet.gov.ar/oai/requestdasensio@conicet.gov.ar; lcarlino@conicet.gov.arArgentinaNo correspondeNo correspondeNo correspondeopendoar:34982025-10-22 11:52:36.958CONICET Digital (CONICET) - Consejo Nacional de Investigaciones Científicas y Técnicasfalse
dc.title.none.fl_str_mv Economic Growth, humand capital and negative externalities: stability and chaos
title Economic Growth, humand capital and negative externalities: stability and chaos
spellingShingle Economic Growth, humand capital and negative externalities: stability and chaos
London, Silvia
GROWTH
EDUCATION
CHAOTIC SYSTEMS
title_short Economic Growth, humand capital and negative externalities: stability and chaos
title_full Economic Growth, humand capital and negative externalities: stability and chaos
title_fullStr Economic Growth, humand capital and negative externalities: stability and chaos
title_full_unstemmed Economic Growth, humand capital and negative externalities: stability and chaos
title_sort Economic Growth, humand capital and negative externalities: stability and chaos
dc.creator.none.fl_str_mv London, Silvia
author London, Silvia
author_facet London, Silvia
author_role author
dc.subject.none.fl_str_mv GROWTH
EDUCATION
CHAOTIC SYSTEMS
topic GROWTH
EDUCATION
CHAOTIC SYSTEMS
purl_subject.fl_str_mv https://purl.org/becyt/ford/5.2
https://purl.org/becyt/ford/5
dc.description.none.fl_txt_mv In this work we analyze the importance of the accumulation of human capital through the formal educational system for economic growth. We base our analysis on two previous models (London: 2005, London: 2006) in which, starting with the framework in (Lucas: 1988) we add a parameter of distortion on the formal educational sector. The mathematical model is built upon a logistic equation. Since it is not analytically solvable, we run simulations for different scenarios, using data from Argentina. The main conclusion we reach is that the stability of the growth process depends critically on afine tuned combination of the main variables. This suggests very specific policies of development that albeit being intuitively sound, can be inefficient.
Fil: London, Silvia. Consejo Nacional de Investigaciones Científicas y Técnicas. Centro Científico Tecnológico Conicet - Bahía Blanca. Instituto de Investigaciones Económicas y Sociales del Sur. Universidad Nacional del Sur. Departamento de Economía. Instituto de Investigaciones Económicas y Sociales del Sur; Argentina
description In this work we analyze the importance of the accumulation of human capital through the formal educational system for economic growth. We base our analysis on two previous models (London: 2005, London: 2006) in which, starting with the framework in (Lucas: 1988) we add a parameter of distortion on the formal educational sector. The mathematical model is built upon a logistic equation. Since it is not analytically solvable, we run simulations for different scenarios, using data from Argentina. The main conclusion we reach is that the stability of the growth process depends critically on afine tuned combination of the main variables. This suggests very specific policies of development that albeit being intuitively sound, can be inefficient.
publishDate 2009
dc.date.none.fl_str_mv 2009-12
dc.type.none.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
http://purl.org/coar/resource_type/c_6501
info:ar-repo/semantics/articulo
format article
status_str publishedVersion
dc.identifier.none.fl_str_mv http://hdl.handle.net/11336/135147
London, Silvia; Economic Growth, humand capital and negative externalities: stability and chaos; Universidade Católica de Brasília. Mestrado e Doutorado em Economia; Revista Brasileira de Economia de Empresas; 9; 1; 12-2009; 7-15
1676-8000
CONICET Digital
CONICET
url http://hdl.handle.net/11336/135147
identifier_str_mv London, Silvia; Economic Growth, humand capital and negative externalities: stability and chaos; Universidade Católica de Brasília. Mestrado e Doutorado em Economia; Revista Brasileira de Economia de Empresas; 9; 1; 12-2009; 7-15
1676-8000
CONICET Digital
CONICET
dc.language.none.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv info:eu-repo/semantics/altIdentifier/url/https://portalrevistas.ucb.br/index.php/rbee/article/view/4213
dc.rights.none.fl_str_mv info:eu-repo/semantics/openAccess
https://creativecommons.org/licenses/by/2.5/ar/
eu_rights_str_mv openAccess
rights_invalid_str_mv https://creativecommons.org/licenses/by/2.5/ar/
dc.format.none.fl_str_mv application/pdf
application/pdf
application/pdf
dc.publisher.none.fl_str_mv Universidade Católica de Brasília. Mestrado e Doutorado em Economia
publisher.none.fl_str_mv Universidade Católica de Brasília. Mestrado e Doutorado em Economia
dc.source.none.fl_str_mv reponame:CONICET Digital (CONICET)
instname:Consejo Nacional de Investigaciones Científicas y Técnicas
reponame_str CONICET Digital (CONICET)
collection CONICET Digital (CONICET)
instname_str Consejo Nacional de Investigaciones Científicas y Técnicas
repository.name.fl_str_mv CONICET Digital (CONICET) - Consejo Nacional de Investigaciones Científicas y Técnicas
repository.mail.fl_str_mv dasensio@conicet.gov.ar; lcarlino@conicet.gov.ar
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score 12.982451

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