Human Capital, Rent Seeking, and a Transition from Stagnation to Growth

Arbeitspapier

We present a growth model where agents divide time between rent seeking in the form of resource competition; and working in a human capital sector, interpreted as trade or manufacturing. Rent seeking exerts negative externalities on the productivity of human capital, generating multiple steady states. Adding shocks to the model

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• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: IUI Working Paper ; No. 656

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Conflict; Conflict Resolution; Alliances; Revolutions ; Economic History: Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations: General, International, or Comparative ; Economic Development: Human Resources; Human Development; Income Distribution; Migration
• Thema: Conflict ; Long-Run Growth ; Rent Seeking ; in the form of violence in the rent seeking process, and changes in the size of the contested resource base ; Humankapital ; Rent-Seeking ; Wirtschaftswachstum ; Overlapping Generations

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Lagerlöf, Nils-Petter ; Tangerås, Thomas
• Ereignis: Veröffentlichung
• (wer): The Research Institute of Industrial Economics (IUI)
• (wo): Stockholm
• (wann): 2005

Weitere Informationen

• Handle: http://hdl.handle.net/10419/81189