scholarly journals Health Capital Provision and Human Capital Accumulation

2020 ◽  
Author(s):  
Leonid V. Azarnert
Keyword(s):  
Human Capital ◽  
Capital Accumulation ◽  
Human Capital Accumulation ◽  
Health Capital

scholarly journals Health capital provision and human capital accumulation

2020 ◽  
Vol 72 (3) ◽  
pp. 633-650
Author(s):  
Leonid V Azarnert
Keyword(s):  
Public Policy ◽  
Human Capital ◽  
Capital Accumulation ◽  
Private Investment ◽  
Human Capital Accumulation ◽  
Policy Intervention ◽  
Endogenous Fertility ◽  
Public Provision ◽  
Health Capital

Abstract This article analyses the effect of public policy intervention in the production of health capital on fertility, private investment in children’s health and education, and human capital accumulation. I have used a growth model with endogenous fertility, in which the usual parental trade-off between the quantity and quality of their children is augmented with an additional factor that affects children’s human capital, which is health. I analyse the overall society-wide effect of public policy intervention and derive a condition that determines precisely whether public provision of free health services increases or decreases the average level of human capital in the society.

Human Capital Accumulation and Resource Abundance

2011 ◽  
pp. 66-77
Author(s):  
O. Vasilieva
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
Capital Accumulation ◽  
Relevant Literature ◽  
Harmful Effect ◽  
Human Capital Accumulation ◽  
Resource Abundance ◽  
Empirical Results ◽  
Theoretical Predictions ◽  
Crowd Out

Does resource abundance positively affect human capital accumulation? Or, alternatively, does it «crowd out» the human capital leading to the deterioration of economic growth? The paper gives an overview of the relevant literature and discusses both theoretical and empirical results obtained regarding the connection between human capital accumulation and resource abundance. It shows that despite some theoretical predictions about the harmful effect of resource abundance on human capital accumulation, unambiguous evidence of such impact that would be robust with respect to the change of resource abundance parameter has not been obtained yet.

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