Human Capital Accumulation and Public Sector Growth

Human Capital Accumulation and Public Sector Growth
The present paper takes a fresh theoretical and empirical look into the relationship between Wagner's law and economic development. It introduces human capital into a classic two-sector model of unbalanced growth. It shows that, as an economy develops, changes in the relative returns to human capital and unskilled labor, as a result of changes... READ MORE...

Publication date: September 1995
ISBN 9781451950441
$15.00

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