| A Model of Optimal Allocations of Physical Capital and Human Capital in Three Sectors |
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| 作者姓名： | ZHOU Shaobo XUE Minggao |
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| 作者单位： | [1]Department of Mathematics, Huazhong University of Science and Technology, Wuhan 430074, Hubei, China [2]School of Management, Huazhong University of Science and Technology, Wuhan 430074, Hubei, China |
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| 基金项目： | Foundation item： Supported by the National Natural Science Foundation of China（70671047） |
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| 摘 要： | The paper develops an endogenous economic growth model about allcation of physical and human capital in three sectors. Optimal allocation of physical capital and human capital in three sectors is derived, the fraction of physical and human capital in each sector is positively related. The balanced values and the growth rates at steady state are given under certain conditions. Finally relations between the fractions of human capital and parameters are analyzed elaborately.
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| 关 键 词： | 经济增长 人力资本 实物资本 平衡价值 |
| 文章编号： | 1007-1202（2007）06-0997-06 |
| 收稿时间： | 8 February 2007 |
| 修稿时间： | 2007-02-08 |
A model of optimal allocations of physical capital and human capital in three sectors |
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| ZHOU Shaobo XUE Minggao.A Model of Optimal Allocations of Physical Capital and Human Capital in Three Sectors[J].Wuhan University Journal of Natural Sciences,2007,12(6):997-1002. |
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| Authors: | Zhou Shaobo Xue Minggao |
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| Institution: | (1) Department of Mathematics, Huazhong University of Science and Technology, Wuhan, 430074, Hubei, China;(2) School of Management, Huazhong University of Science and Technology, Wuhan, 430074, Hubei, China |
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| Abstract: | The paper develops an endogenous economic growth model about allcation of physical and human capital in three sectors. Optimal allocation of physical capital and human capital in three sectors is derived, the fraction of physical and human capital in each sector is positively related. The balanced values and the growth rates at steady state are given under certain conditions. Finally relations between the fractions of human capital and parameters are analyzed elaborately. |
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| Keywords: | economic growth human capital physical capital balanced values |
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