search query: @author Gundlach, E. / total: 9
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| Author: | Gundlach, E. |
| Title: | Accounting for the stock of human capital: selected evidence and potential implications |
| Journal: | Weltwirtschaftliches Archiv
1994 : VOL. 130:2, p. 350-374 |
| Index terms: | ACCOUNTING HUMAN CAPITAL ECONOMICS |
| Language: | eng |
| Abstract: | International capital movements and trade flows mainly occur between the relatively rich nations of the world economy. This empirical pattern is just the opposite of what could be expected from a simple neoclassical model of trade and growth. With labor and capital as the basic factors of production, and an internationally available technology with constant returns to scale, such a model implies that internationally different per capita incomes or per worker production levels must be due to internationally different levels of capital per worker. |
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