A Model of Optimal Allocations of Physical Capital and Human Capital in Three Sectors  

A Model of Optimal Allocations of Physical Capital and Human Capital in Three Sectors

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作  者:ZHOU Shaobo XUE Minggao 

机构地区:[1]Department of Mathematics, Huazhong University of Science and Technology, Wuhan 430074, Hubei, China [2]School of Management, Huazhong University of Science and Technology, Wuhan 430074, Hubei, China

出  处:《Wuhan University Journal of Natural Sciences》2007年第6期997-1002,共6页武汉大学学报(自然科学英文版)

基  金:Supported by the National Natural Science Foundation of China(70671047)

摘  要:The paper develops an endogenous economic growth model about allcation of physical and human capital in three sectors. Optimal allocation of physical capital and human capital in three sectors is derived, the fraction of physical and human capital in each sector is positively related. The balanced values and the growth rates at steady state are given under certain conditions. Finally relations between the fractions of human capital and parameters are analyzed elaborately.The paper develops an endogenous economic growth model about allcation of physical and human capital in three sectors. Optimal allocation of physical capital and human capital in three sectors is derived, the fraction of physical and human capital in each sector is positively related. The balanced values and the growth rates at steady state are given under certain conditions. Finally relations between the fractions of human capital and parameters are analyzed elaborately.

关 键 词:economic growth human capital physical capital balanced values 

分 类 号:O178[理学—数学]

 

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