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|c 5.00 USD
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|z 9781451950441
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|a 1018-5941
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|a BD-DhAAL
|c BD-DhAAL
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|a Tanzi, Vito.
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|a Human Capital Accumulation and Public Sector Growth /
|c Vito Tanzi, Howell Zee.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 1995.
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|a 1 online resource (14 pages)
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|a IMF Working Papers
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a The present paper takes a fresh theoretical and empirical look into the relationship between Wagner's law and economic development. It introduces human capital into a classic two-sector model of unbalanced growth. It shows that, as an economy develops, changes in the relative returns to human capital and unskilled labor, as a result of changes to their relative scarcities, could have a significant impact on the size of the government sector, depending in part also on the difference in relative factor intensities between outputs of the private and government sectors. This conjecture is broadly supported by empirical evidence based on a cross-section analysis of a large sample of developed and developing countries.
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|a Mode of access: Internet
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|a Zee, Howell.
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|a IMF Working Papers; Working Paper ;
|v No. 1995/095
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/1995/095/001.1995.issue-095-en.xml
|z IMF e-Library
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