Abstract
Human capital in this thesis is discussed in terms of a factor of production which may increase output and productivity as the aggregate stock of skills, training, education, knowledge and ability of its workforce increases. Different levels of human capital may contribute to different degrees towards economic growth, depending on the stage of economic development and the intertwined relationship with technological change.
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© 2015 John Joshua
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Joshua, J. (2015). Neoclassical and Endogenous Growth Models. In: The Contribution of Human Capital towards Economic Growth in China. Palgrave Macmillan, London. https://doi.org/10.1057/9781137529367_2
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DOI: https://doi.org/10.1057/9781137529367_2
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-57469-8
Online ISBN: 978-1-137-52936-7
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