GTAP Resources: Resource Display
GTAP Resource #3820 |
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"Public Policy and Growth in Canada: An applied Endogenous Growth Model with Human and Knowledge Capital Accumulation" by Voyvoda, Ebru and A. Erinc Yeldan Abstract The main purpose of this study is to analytically investigate and assess the interactions between knowledge driven growth, acquisition of human capital, and the role of strategic public policy for the Canadian economy within the context of a general equilibrium model. We investigate alternative public policies aimed at fostering the development of human capital (such as investments in education and learning) and those at enhancing total factor productivity through investments in innovation (such as subsidies to R&D); and study the impact of various public policies on patterns of growth, along with their likely consequences from the points of view of per capita income growth, social welfare, burden to government budget and economic efficiency. |
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- Economic growth - Technological change - Dynamic modeling - North America |
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Last Modified: 9/15/2023 1:05:45 PM