A Three Sector, Integrated Approach To Economic Growth Modeling: Production, Human Capital, and Health Education

A Three Sector, Integrated Approach To Economic Growth Modeling: Production, Human Capital, and Health Education

Bibliographic Details
Main Author: Tucker, Joseph James
Language:English
Published: University of Akron / OhioLINK 2008
Subjects:
Economics
Mathematics
Economic growth
health education
developing country
Online Access:http://rave.ohiolink.edu/etdc/view?acc_num=akron1216491725
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spelling ndltd-OhioLink-oai-etd.ohiolink.edu-akron12164917252021-08-03T05:25:36Z A Three Sector, Integrated Approach To Economic Growth Modeling: Production, Human Capital, and Health Education Tucker, Joseph James Economics Mathematics Economic growth health education developing country The intent of this thesis is to model the interactions and interpret the ramifications of time invested in health education on the economy of a developing country. By constructing a three-sector economy, consisting of production, production education, and health education and by employing a Hamiltonian maximization technique, the aim of this thesis is to determine daily, non-leisure time allotments that encourage economic growth as well as delineate the time allotments that permit economic stagnation. This thesis presents an integrated approach to economic growth modeling by utilizing non-linear output modeling, incorporating logistic equation based technological, life-span, and productivity growth equations, and by combining inputs such as capital and life expectancy in order to yield one output. The interpretations that this model yields give insight pertaining to questions concerning foreign aid and international investment. The resulting conclusions indicate the validity of time spent in health education for increasing economic growth, given sufficient initial conditions, namely that productivity and human skill level are adequately high enough to maintain capital output despite less time being spent in production. 2008-09-02 English text University of Akron / OhioLINK http://rave.ohiolink.edu/etdc/view?acc_num=akron1216491725 http://rave.ohiolink.edu/etdc/view?acc_num=akron1216491725 unrestricted This thesis or dissertation is protected by copyright: all rights reserved. It may not be copied or redistributed beyond the terms of applicable copyright laws.
collection NDLTD
language English
sources NDLTD
topic Economics
Mathematics
Economic growth
health education
developing country
spellingShingle Economics
Mathematics
Economic growth
health education
developing country
Tucker, Joseph James
A Three Sector, Integrated Approach To Economic Growth Modeling: Production, Human Capital, and Health Education
author Tucker, Joseph James
author_facet Tucker, Joseph James
author_sort Tucker, Joseph James
title A Three Sector, Integrated Approach To Economic Growth Modeling: Production, Human Capital, and Health Education
title_short A Three Sector, Integrated Approach To Economic Growth Modeling: Production, Human Capital, and Health Education
title_full A Three Sector, Integrated Approach To Economic Growth Modeling: Production, Human Capital, and Health Education
title_fullStr A Three Sector, Integrated Approach To Economic Growth Modeling: Production, Human Capital, and Health Education
title_full_unstemmed A Three Sector, Integrated Approach To Economic Growth Modeling: Production, Human Capital, and Health Education
title_sort three sector, integrated approach to economic growth modeling: production, human capital, and health education
publisher University of Akron / OhioLINK
publishDate 2008
url http://rave.ohiolink.edu/etdc/view?acc_num=akron1216491725
work_keys_str_mv AT tuckerjosephjames athreesectorintegratedapproachtoeconomicgrowthmodelingproductionhumancapitalandhealtheducation
AT tuckerjosephjames threesectorintegratedapproachtoeconomicgrowthmodelingproductionhumancapitalandhealtheducation
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