An Analysis of the Endogenous Factors for the Growth of Developing Countries

发展中国家增长的内生因素分析

• 批准号: 05832002
• 负责人: KUBO Yuji
• 金额: $ 1.15万
• 依托单位: University of Tsukuba
• 依托单位国家: 日本
• 项目类别: Grant-in-Aid for General Scientific Research (C)
• 财政年份: 1993
• 资助国家: 日本
• 起止时间: 1993 至 1994
• 项目状态: 已结题
• 来源: https://kaken.nii.ac.jp/en/grant/KAKENHI-PROJECT-05832002/
• 关键词: Developing countries; factors of growth; human capital; physical capital; empirical analysis; educational investment; endogenous growth; 物的資本; 内生的成長モデル

In this research, we carried out a theoretical and empirical analysis of the endogenous factors of growth for the developing countries. We have first revised the neoclassical growth models allow an explanation of economic growth by endogenous factors such as domestic saving rate and human capital investment. In addition, in view of the fact that the total funds for physical and human investments are often limited, we extended the framework to allow for the tradeoff between physical and human capital investments. Based on the hypotheses derived from this model, we have carried out empirical analyzes. In 1994, we have gathered date for 68 countries for the period 1965-88, and examined the endogenous factors of growth. In 1995, we have elaborated upon our data set and collected data for 78 countries for the period 1980-90. Based on this data, we have examined the homogeneity of the data set and used statistical procedure to subdivide the sample countries into several groups. The major fin … More dings include : (1)developing countries are diverse in their economic structure, so that we should not bundle them in one when carrying out empirical analysis ; (2) physical capital investment affects growth positively in every group of countries, but human capital inverstment does not affect growth positively in the less advanced countries. The positive effect is limited to middle-income and high-income countries ; (3)in middle-income countries, the effect of human capital investment on growth exceeds that of the physical capital investment, so that shifting investment funds toward human investment will enhance a faster economic growth ; etc. The paper summarizing these results are conditionally accepted in the Asian Economic Journal and is forthcoming. In addition, an analysis of the causal relationship between economic growth, imports and exports has been undertaken by a research collaborator and the results are summarized in a paper titled "Causality between Exports and Growth in Asian NICs : Further Empirical Evidences." Less

本研究对发展中国家经济增长的内生因素进行了理论和实证分析。本文首先对新古典增长模型进行了修正，允许用国内储蓄率和人力资本投资等内生因素来解释经济增长。此外，鉴于实物和人力投资的总资金往往有限，我们扩大了框架，以考虑到实物和人力资本投资之间的权衡。基于该模型提出的假设，我们进行了实证分析。1994年，我们收集了68个国家1965- 1988年期间的数据，并审查了增长的内在因素。1995年，我们详细阐述了我们的数据集，并收集了78个国家1980- 1990年期间的数据。根据这些数据，我们审查了数据集的同质性，并使用统计程序将抽样国家细分为几组。主要鳍 ...更多信息 包括：（1）发展中国家的经济结构具有多样性，在进行实证分析时，不应将它们捆绑在一起;（2）物质资本投资对所有国家的经济增长都有积极影响，但人力资本投资对欠发达国家的经济增长没有积极影响。（3）在中等收入国家，人力资本投资对经济增长的影响超过了物质资本投资，因此，将投资资金转向人力资本投资将促进更快的经济增长等。总结这些结果的论文已被《亚洲经济杂志》有条件地接受，即将发表。此外，与研究合作者对经济增长、进口和出口之间的因果关系进行了分析，并将结果总结在题为“亚洲出口与增长之间的因果关系：进一步的经验证据”的论文中。“减

项目成果

Kubo,Yuji and Yong-sim Lee: "A Model of Endogenous Growth with a Tradeoff between Investments in Physical and Human Capital" Asian Economic Journal. (刊行予定).

Kubo、Yuji 和 Yong-sim Lee：“物质资本和人力资本投资之间的内生增长模型”《亚洲经济杂志》（待出版）。

Kubo, Yuji, and Yongsun Lee: ""A Model of Endogenous Growth with a Tradeoff between Investments in Physical and Human Capital"" Asian Economic Journal. (forthcoming, 1995).

Kubo、Yuji 和 Yongsun Lee：“在实物资本和人力资本投资之间进行权衡的内生增长模型”，《亚洲经济杂志》。

Kubo, Yuji and Yong-sun Lee: "A Model of Endogenons Growth with a Tradeoff between Investments in Physical and Human Capital" Asian Economic Journal. (刊行予定).

Kubo、Yuji 和 Yong-sun Lee：“物质资本和人力资本投资之间的内生增长模型”，《亚洲经济杂志》（即将出版）。