What is the relationship between human capital and technology-driven sustainable growth? In particular, how does the rate at which firms adopt new technologies affect the level of education and training of a country's workforce? The effect of faster technological change is to increase the importance of general skill accumulation through education and to (re-) train more people for shorter periods of time.
Education and training in a model of endogenous growth with creative wear and tear
ANTONIETTI, ROBERTO;
2008
Abstract
What is the relationship between human capital and technology-driven sustainable growth? In particular, how does the rate at which firms adopt new technologies affect the level of education and training of a country's workforce? The effect of faster technological change is to increase the importance of general skill accumulation through education and to (re-) train more people for shorter periods of time.
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