The Dynamics of the Uzawa-Lucas Model with Unskilled Labor  

The Dynamics of the Uzawa-Lucas Model with Unskilled Labor

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作  者:MaSu-yan CaiDong-han 

机构地区:[1]SchoolofMathematicsandStatistics,WuhanUniversity,Wuhan430072,Hubei,China

出  处:《Wuhan University Journal of Natural Sciences》2004年第3期278-282,共5页武汉大学学报(自然科学英文版)

基  金:SupportedbytheNationalNaturalScienceFoundationofChina (79970 1 0 4 )

摘  要:The existence and uniqueness of the modified Uzawa-Lucas growth model which incorporates unskilled labor as a distinct factor from human capital are given and the dynamics of the model is presented. Furthermore, the varieties of the time allocation to the physical and human capital production along the optimal path and the affections of fertility and the natural growth rate of human capital on economic growth are discussed. Key words U-L model - dynamical system - optimal solution - human capital - unskilled workers CLC number O 29 Foundation item: Supported by the National Natural Science Foundation of China (79970104)Biography: Ma Su-yan(1978-), famale, Master candidate, research direction: mathematical economy.The existence and uniqueness of the modified Uzawa-Lucas growth model which incorporates unskilled labor as a distinct factor from human capital are given and the dynamics of the model is presented. Furthermore, the varieties of the time allocation to the physical and human capital production along the optimal path and the affections of fertility and the natural growth rate of human capital on economic growth are discussed. Key words U-L model - dynamical system - optimal solution - human capital - unskilled workers CLC number O 29 Foundation item: Supported by the National Natural Science Foundation of China (79970104)Biography: Ma Su-yan(1978-), famale, Master candidate, research direction: mathematical economy.

关 键 词:U-L model dynamical system optimal solution human capital unskilled workers 

分 类 号:F240[经济管理—劳动经济] F224[经济管理—国民经济]

 

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