Quality of Human Capital Investments and Growth in a Solow-Type Model

Year Book of the Faculty of Economics and Business Administration, Vol. 3, pp. 95-104, 2004

12 Pages Posted: 10 Mar 2012

See all articles by Ralitsa Simeonova-Ganeva

Ralitsa Simeonova-Ganeva

FEBA, Sofia University St. Kliment Ohridski

Kaloyan Ganev

Sofia University St. Kliment Ohridski, FEBA

Date Written: July 9, 2003

Abstract

In this paper we present a modification of a Solow-type model with human capital. We introduce an assumption of non-effectiveness of education and training systems and other means of human capital investment, which leads to new results concerning steady-state economic growth and convergence.

Keywords: economic growth, human capital, efficiency, investment

Suggested Citation

Simeonova-Ganeva, Ralitsa and Ganev, Kaloyan, Quality of Human Capital Investments and Growth in a Solow-Type Model (July 9, 2003). Year Book of the Faculty of Economics and Business Administration, Vol. 3, pp. 95-104, 2004, Available at SSRN: https://ssrn.com/abstract=2019139

Ralitsa Simeonova-Ganeva (Contact Author)

FEBA, Sofia University St. Kliment Ohridski ( email )

Bulgaria

Kaloyan Ganev

Sofia University St. Kliment Ohridski, FEBA ( email )

125, Tsarigradsko Shosse
Faculty of Economics and Business Administration
Sofia, 1113
Bulgaria

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