Compositional Change in Secondary Educational Stock and Productivity
Yergali Dosmagambet
Broschiertes Buch

Compositional Change in Secondary Educational Stock and Productivity

Technological Absorptive Capacity and Productivity Dynamics with a Special Reference to Kazakhstan

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When the role of human capital in gowth is properly specified in technology adoption, evidence shows that there is a causal link between human capital and a country's productivity growth. The notion of technological gap and catch-up proposed by Nelson-Phelps is expanded by including barriers and absorptive capacity. A logistic model is used where the ratio of technology gap is relative to frontier technology and the human capital interaction is non-linear. This modeling strategy yields a richer set of dynamics than the monotonic convergence to a steady state that results in the original specif...