The Impact of Human Capital on Economic Growth A Case Study in Post-
This book presents theoretical and empirical investigation of the impact of human capital on economic growth in Ukraine during the period of 1989-2009. It defines place and role of human capital in the process of transition from the exogenous to the endog
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THE IMPACT OF HUMAN CAPITAL ON ECONOMIC GROWTH
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A Case Study in Post-Soviet Ukraine, 1989–2009 Ararat L. Osipian
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10.1057/9780230100077preview - The Impact of Human Capital on Economic Growth, Ararat L. Osipian
Copyright material from www.palgraveconnect.com - licensed to npg - PalgraveConnect - 2016-05-08
THE IMPACT OF HUMAN CAPITAL ON ECONOMIC GROWTH
THE IMPACT OF HUMAN CAPITAL ON ECONOMIC GROWTH
Copyright © Ararat L. Osipian, 2009. All rights reserved.
Where this book is distributed in the UK, Europe and the rest of the world, this is by Palgrave Macmillan, a division of Macmillan Publishers Limited, registered in England, company number 785998, of Houndmills, Basingstoke, Hampshire RG21 6XS. Palgrave Macmillan is the global academic imprint of the above companies and has companies and representatives throughout the world. Palgrave® and Macmillan® are registered trademarks in the United States, the United Kingdom, Europe and other countries. ISBN: 978–0–230–61824–4 Library of Congress Cataloging-in-Publication Data Osipian, Ararat L. The impact of human capital on economic growth : a case study in post-Soviet Ukraine, 1989–2009 / Ararat L. Osipian. p. cm. Includes bibliographical references and index. ISBN 978–0–230–61824–4 1. Human capital—Ukraine. 2. Economic development—Ukraine. 3. Ukraine—Economic policy—1991– I. Title.
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HD4904.7.O85 2009 338.9477—dc22
2009002877
A catalogue record of the book is available from the British Library. Design by Newgen Imaging Systems (P) Ltd., Chennai, India. First edition: September 2009 10 9 8 7 6 5 4 3 2 1 Printed in the United States of America.
10.1057/9780230100077preview - The Impact of Human Capital on Economic Growth, Ararat L. Osipian
Copyright material from www.palgraveconnect.com - licensed to npg - PalgraveConnect - 2016-05-08
First published in 2009 by PALGRAVE MACMILLAN® in the United States—a division of St. Martin’s Press LLC, 175 Fifth Avenue, New York, NY 10010.
List of Figures
ix
List of Tables
xi
Foreword
xiii
Preface
xv
Introduction
Part I 1.1 1.2 1.3 1.4 1.5 1.6 1.7 1.8 1.9 1.10 1.11
xvii
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Genesis of the Growth Theories
1
Early Concepts of Growth Classics of Economic Growth Schumpeter’s Creative Destruction and Beyond Modern Theories of Growth Solow Model of Exogenous Growth Leontief ’s Poverty Trap Growth Reconsidered: Endogeneity of Human Capital Institutions and Growth Dependency Theory and Structuralists Economic Development-Growth-Transition Triangle Growth Theory in the
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