Nutritional Level Physical and Human Capital Complemantarity within Labor Augmenting Solow Type Model

2009-01-01
One of important issue in economic growth is whether the convergence occurs. Besides occurrence of convergence, another important problem in the theory of economic growth is whether the growth of output per capita depends on the ratio of physical to human capital (K/H). This paper provides evidence for imbalance effects of (K/H) on growth rate besides convergence issue in a sample of 36 countries. This dependence tends to change in size of convergence rate where with the conditions on (K/H) ratio, convergence rate increases.
Aksaray Üniversitesi İİBF Dergisi

Suggestions

Physical and Human Capital Complementarity and Worker Effort Level by Nutritional Level within Labor Augmenting Solow Type Model
Erdil, Erkan (2010-01-01)
Whether the convergence occurs is one of the important issues in economic growth. Besides occurrence of convergence, another important issue in the theory of economic growth is whether the growth of per-capita income depends on the ratio of physical to human capital (K/H) where human capital is defined by the education and the worker effort level calculated by per capita dietary energy supply (DES). This study provides evidence for imbalance effects of (K/H) on growth rate besides convergence issue in a sam...
The Role of Knowledge on Economic Growth: The Case of Turkey, 1963-2010
Utku İsmihan, Fatma M. (Science And Technology Policies Research Center, Middle East Technical University (Ankara, Turkey), 2012)
The importance of knowledge for long-run economic growth has long been an important research area for economists and policy makers. This paper attempts to analyze the impact of knowledge on economic growth in Turkey over the 1963-2010 period, by using a production function approach. In contrast to early studies, which have analyzed the impact of a single dimension of knowledge on economic growth, a knowledge index is constructed to see the impact of various dimensions of knowledge with a single and comprehe...
ECONOMIC GROWTH AND PHYSICAL/HUMAN CAPITAL COMPLEMENTARITY WITH NUTRITIONAL LEVEL
Erdil, Erkan (2010-01-01)
We have focused on the effect of nutrition oil per capita income as well as for the contribution of nutrition in income differences among countries. In particular, whether accounting for nutritional differences will reduce the size of the unexplained residual variance currently attributed to differences in productivity among countries with different income levels. Me have presented a variance decomposition methodology for the direct effect of nutrition on per-capita income besides introducing physical capit...
Regional income growth disparities and convergence in Turkey : analyzing the role of human capital differences
Saral, Güldem; Eraydın, Ayda; Department of City and Regional Planning (2003)
The aim of this thesis is to analyze the growth performances of regions in Turkey and the role of human capital in this process within the framework of new growth theory. For this aim, it firstly attempts to investigate the evolution of regional income growth differences in Turkey in the period 1980-2000 and the tendency of provinces in Turkey towards income growth convergence. Secondly, by taking a detailed account of human capital, it aims to explore the contribution of human capital differences towards e...
Financial development, financial openness and growth: an empirical investigation
Ünaldı Akgün, Burçin; Özmen, Erdal; Department of Economics (2011)
The economic literature posits that a well-functioning economy requires a well-regulated financial system, and a sound financial system is essential to the fundamentals of an economy, however, even the most influential economists disagree sharply about the role of the finance-growth relationship in economic development. One of the most important questions concerning financial openness is whether it spurs long-run economic growth, and if yes, do these benefits outweigh the risks for developing countries. In ...
Citation Formats
E. Erdil, “Nutritional Level Physical and Human Capital Complemantarity within Labor Augmenting Solow Type Model,” Aksaray Üniversitesi İİBF Dergisi, pp. 127–132, 2009, Accessed: 00, 2021. [Online]. Available: https://hdl.handle.net/11511/77271.