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EN
The article analyzes the nature of human capital. The basic properties inherent in human capital were determined. Was investigated the underlying model of economic growth, taking into account human capital as a significant factor in economic growth in post-industrial society.
Ekonomista
|
2008
|
issue 2
169-200
EN
The article surveys empirical research into the influence of human capital upon economic growth. The literature of this topic is very rich, so the survey - can hardly be exhaustive. The main criterion of selection of the reported contributions was their rank in the state of arts. The survey can prove useful while investigating the role of human capital in the economic growth of Poland as it explicitly reports possible mechanisms linking human capital with economic development as well as it quantifies their magnitudes. Specifications of the equations presented in the survey can constitute a benchmark while elaborating appropriate specifications for the case of Poland.
EN
András Bródy presents in his study three methods of finding an equilibrium solution to the closed dynamic input-output model. The one of the three that this study analyses is the classical solution recommended by Leontief. The route to a solution is through the determination of own values, which leads to the problem of a generalized eigen-value/ eigen-vector, due to the singularity of the capital matrix. Following Bródy's numerical example also shows that the equilibrium solution is only non-negative in the long term if the path of the economy follows the Neumann ray.
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