Productivity Distribution and Economic Growth

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dc.contributor.authorCho, Jang Okko
dc.contributor.authorChu, Hyo-Younko
dc.contributor.authorKim, Hyung Seok E.ko
dc.contributor.authorLee, Jaywonko
dc.date.accessioned2016-09-06T08:57:16Z-
dc.date.available2016-09-06T08:57:16Z-
dc.date.created2016-08-02-
dc.date.created2016-08-02-
dc.date.created2016-08-02-
dc.date.issued2016-
dc.identifier.citationKOREAN ECONOMIC REVIEW, v.32, no.1, pp.23 - 40-
dc.identifier.issn0254-3737-
dc.identifier.urihttp://hdl.handle.net/10203/212417-
dc.description.abstractThis paper develops a tractable model of economic growth in which heterogeneous households produce capital a la Romer (1986). The paper demonstrates that depending on its varying degrees of persistence, productivity heterogeneity dictates economic growth. A regression analysis based upon a reduced-form version of the model shows that the persistence of human capital is the driving force behind the positive effects of productivity dispersion on economic growth-
dc.languageEnglish-
dc.publisherKOREAN ECONOMIC ASSOCIATION-
dc.titleProductivity Distribution and Economic Growth-
dc.typeArticle-
dc.identifier.wosid000378972600002-
dc.identifier.scopusid2-s2.0-84978832795-
dc.type.rimsART-
dc.citation.volume32-
dc.citation.issue1-
dc.citation.beginningpage23-
dc.citation.endingpage40-
dc.citation.publicationnameKOREAN ECONOMIC REVIEW-
dc.identifier.kciidART002118812-
dc.contributor.localauthorKim, Hyung Seok E.-
dc.contributor.localauthorLee, Jaywon-
dc.contributor.nonIdAuthorCho, Jang Ok-
dc.contributor.nonIdAuthorChu, Hyo-Youn-
dc.description.isOpenAccessN-
dc.type.journalArticleArticle-
dc.subject.keywordAuthorEconomic Growth-
dc.subject.keywordAuthorProductivity Distribution-
dc.subject.keywordAuthorHuman Capital-
dc.subject.keywordAuthorIncomplete Markets-
dc.subject.keywordPlusLONG-RUN GROWTH-
dc.subject.keywordPlusINCOME-DISTRIBUTION-
dc.subject.keywordPlusENDOGENOUS GROWTH-
dc.subject.keywordPlusINCREASING RISK-
dc.subject.keywordPlusMODEL-
dc.subject.keywordPlusWEALTH-
dc.subject.keywordPlusINSTABILITY-
dc.subject.keywordPlusEQUILIBRIA-
dc.subject.keywordPlusINEQUALITY-
dc.subject.keywordPlusRETURNS-
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