资本积累
4.The result suggests that the benefit of capital accumulation in China is rather limited, and improving the benefit of human capital is crucial to the future economic growth in the country.
5.While most of the analysis of this chapter focuses on the effects of physical capital accumulation, output depends on the level of both physical and human capital.
6.Capital accumulation depends in turn on the level of output, which determines saving and output imply that starting from any level of capital (and ignoring technological progress, the topic of Chapter 24), an economy converges in the long run to a steady-state level of capital.
7.Based on the relation between the benefit of capital accumulation and economic growth, this article puts forward a model and estimates the efficiency in various periods.
9.This paper presents an over-lapping generation model to investigate the interaction among human capital accumulation, physical capital accumulation and income distribution.
10.This study sets out to investigate how educational system would affect economic growth by developing an over-lapping generation model with physical and human capital accumulation.
