Economic Growth with Learning by Producing, Learning by Education and Learning by Consuming

This paper proposes a dynamic economic model with wealth accumulation and human capital accumulation. The economic system consists of one production sector and one education sector. We take account of three ways of improving human capital: learning by producing, learning by education, and learning b...

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Bibliographic Details
Main Author: Wei-Bin Zhang
Format: Article
Language:English
Published: Croatian Interdisciplinary Society 2007-07-01
Series:Interdisciplinary Description of Complex Systems
Subjects:
Online Access:http://indecs.eu/2007/indecs2007-pp21-38.pdf