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Villamil, Anne P. Psarianos, Iacovos 2015-09-25T22:47:09Z 2015-09-25T22:47:09Z 10000-01-01 2001 2001 The second chapter takes explicitly into account the link between human capital accumulation and technological progress. Human capital accumulation in the spirit of Lucas (1988) is introduced into the R&D-based model of Romer (1990). The steady-state solution for the decentralized economy follows a growth-accounting exercise which provides quantitative information regarding the sources of growth. The model is calibrated to data and parameter estimates from various studies. It turns out that human capital accumulation explains a significant part of the growth influence of the Solow residual. The chapter concludes with an analysis of the long-run effects of changes in selected model parameters. Made available in DSpace on 2015-09-25T22:47:09Z (GMT). No. of bitstreams: 2 license.txt: 4848 bytes, checksum: 96035ab3f5e1c23cc7138a224ce498bd (MD5) 3017186.pdf: 3328093 bytes, checksum: 6f0fe52e67133e45a726d8170deff21e (MD5) Previous issue date: 2001 Embargo set by: Seth Robbins for item 86786 Lift date: Forever Reason: Restricted to the U of I community idenfinitely during batch ingest of legacy ETDs Restricted to the U of I community idenfinitely during batch ingest of legacy ETDs U of I Only 80 p. Thesis (Ph.D.)--University of Illinois at Urbana-Champaign, 2001. http://hdl.handle.net/2142/85505 (MiAaPQ)AAI3017186 eng Economics, Theory Essays on Economic *Growth text Economics Economics University of Illinois at Urbana-Champaign Dissertation Ph.D.