The level and growth effects of human capital in India

B. Bhaskara Rao; Krishna Chaitanya Vadlamannati

doi:10.1080/13504850903427146

The level and growth effects of human capital in India

B. Bhaskara Rao, Krishna Chaitanya Vadlamannati

Research output: Contribution to journal › Article › peer-review

8 Citations (Scopus)

Abstract

In the extended Solow growth model of Mankiw et al. (1992), human capital has only permanent level and no growth effects. In the endogenous growth models human capital is a growth-improving variable. Human capital may have both a permanent level and a permanent growth effect, we show how both can be estimated with an extension to the Solow model.

Original language	English
Pages (from-to)	59-62
Number of pages	4
Journal	Applied Economics Letters
Volume	18
Issue number	1
DOIs	https://doi.org/10.1080/13504850903427146
Publication status	Published - 2011

Keywords

India
Solow growth model
economic development
human capital
labor
mathematical models

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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10.1080/13504850903427146

Cite this

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title = "The level and growth effects of human capital in India",

abstract = "In the extended Solow growth model of Mankiw et al. (1992), human capital has only permanent level and no growth effects. In the endogenous growth models human capital is a growth-improving variable. Human capital may have both a permanent level and a permanent growth effect, we show how both can be estimated with an extension to the Solow model.",

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AU - Vadlamannati, Krishna Chaitanya

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AB - In the extended Solow growth model of Mankiw et al. (1992), human capital has only permanent level and no growth effects. In the endogenous growth models human capital is a growth-improving variable. Human capital may have both a permanent level and a permanent growth effect, we show how both can be estimated with an extension to the Solow model.

KW - India

KW - Solow growth model

KW - economic development

KW - human capital

KW - labor

KW - mathematical models

UR - http://handle.uws.edu.au:8081/1959.7/525468

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DO - 10.1080/13504850903427146

M3 - Article

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VL - 18

SP - 59

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ER -

The level and growth effects of human capital in India

Abstract

Keywords

UN SDGs

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