タイトル(掲載誌)Discussion Papers In Economics And Business
一般注記Employing an over lapping-generations model of R&D-based growth with endogenous education decision-making and government's education policy,we examine how government's education policy and human capital accumulation influence R&D activity. We show that an increase in government's public education expenditure has an inverted U-shaped effect on the growth rate at the steady state. We examine how increased public education expenditure affects welfare and show that an increase in the public education expenditure has an inverted U-shaped effect on the steady state level of welfare.
連携機関・データベース国立情報学研究所 : 学術機関リポジトリデータベース(IRDB)(機関リポジトリ)