Availability of Higher Education and Long-Term Economic Growth

Horii, Ryo; Kitagawa, Akiomi; Futagami, Koichi

Availability of Higher Education and Long-Term Economic Growth

Horii, Ryo; Kitagawa, Akiomi; Futagami, Koichi

Discussion Papers In Economics And Business, 2005, 03-14-Rev.

アクセス数:245件（2025-03-24 09:32 集計）

固定URL: https://hdl.handle.net/11094/13839

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タイトル	Availability of Higher Education and Long-Term Economic Growth
著者	NRID 1000090324855 1000090324855 ORCID 0000-0002-2083-1237 0000-0002-2083-1237 researchmap permalink horii horii Scopus Author ID 22934018800 22934018800 著者名 Horii, Ryo
	NRID 1000060262127 1000060262127 著者名 Kitagawa, Akiomi
	NRID 1000030199400 1000030199400 著者名 Futagami, Koichi
キーワード等	Slowdown
キーワード等	Intergenerational Income Distribution
内容	* Revised: [03-14, 2003]
抄録	This paper examines the economic growth effects of limited availability ofhigher education in a simple endogenous growth model with overlapping generations.With limited availability, the scarcity of human capital keeps its price highand distributes a larger share of the aggregate output to young households. Undercertain conditions, it leads to greater aggregate savings in each period, thereby enablingthe economy to grow faster than without any limitation. In such cases, anexcessive expansion in the availability causes a temporary boom followed by a seriousdeficiency in investible funds, resulting in a substantial slowdown in economicgrowth.
出版者	Graduate School of Economics and Osaka School of International Public Policy (OSIPP), Osaka University
収録物名	Discussion Papers In Economics And Business
巻(号)	03-14-Rev.
刊行年月	2005-09
言語	英語
ハンドルURL	https://hdl.handle.net/11094/13839
NCID	AA1160366X
関連情報 (references)	URI http://www2.econ.osaka-u.ac.jp/library/global/dp/0314R.pdf
アクセス権	metadata only access
カテゴリ	ディスカッション／ワーキング・ペーパー DP/WP
カテゴリ	Discussion Papers In Economics And Business
最終更新日	2005-09

資源タイプ	テクニカルレポート
ローカル資源タイプ	ディスカッション／ワーキング・ペーパー
DCMI資源タイプ	text
DCTERMS.bibliographicCitation	Discussion Papers In Economics And Business. 2005, 03-14-Rev.
DC.title	Availability of Higher Education and Long-Term Economic Growth
DC.creator	Horii, Ryo
	Kitagawa, Akiomi
	Futagami, Koichi
DC.publisher	Graduate School of Economics and Osaka School of International Public Policy (OSIPP), Osaka University
DC.language' scheme='DCTERMS.RFC1766	英語
DC.type' scheme='DCTERMS.DCMIType	text
DCTERMS.issued' scheme='DCTERMS.W3CDTF	2005-09
DC.relation' scheme='DCTERMS.URI	http://www2.econ.osaka-u.ac.jp/library/global/dp/0314R.pdf
DC.subject	Slowdown
DC.subject	Intergenerational Income Distribution
DC.description	* Revised: [03-14, 2003]
DCTERMS.abstract	This paper examines the economic growth effects of limited availability ofhigher education in a simple endogenous growth model with overlapping generations.With limited availability, the scarcity of human capital keeps its price highand distributes a larger share of the aggregate output to young households. Undercertain conditions, it leads to greater aggregate savings in each period, thereby enablingthe economy to grow faster than without any limitation. In such cases, anexcessive expansion in the availability causes a temporary boom followed by a seriousdeficiency in investible funds, resulting in a substantial slowdown in economicgrowth.
DC.format	13839
citation_title	Availability of Higher Education and Long-Term Economic Growth
citation_author	Horii, Ryo
	Kitagawa, Akiomi
	Futagami, Koichi
citation_publisher	Graduate School of Economics and Osaka School of International Public Policy (OSIPP), Osaka University
citation_language	英語
citation_date	2005-09
citation_journal_title	Discussion Papers In Economics And Business
citation_volume	03-14-Rev.
citation_public_url	https://hdl.handle.net/11094/13839
citation_abstract_html_url	http://www2.econ.osaka-u.ac.jp/library/global/dp/0314R.pdf

Availability of Higher Education and Long-Term Economic Growth

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