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Theoretical and empirical studies on human capital Kuznets curve

Research Project

Project/Area Number 24530336
Research Category

Grant-in-Aid for Scientific Research (C)

Allocation TypeMulti-year Fund
Section一般
Research Field Economic policy
Research InstitutionKyushu International University

Principal Investigator

OGATA Takashi  九州国際大学, 経済学部, 教授 (50150389)

Co-Investigator(Kenkyū-buntansha) TOMODA Yasunobu  神戸市外国語大学, 外国語学部, 准教授 (30437280)
MATSUO Miki  九州国際大学, 経済学部, 准教授 (50437282)
SAITO Takashi  明治学院大学, 経済学部, 准教授 (60437283)
Project Period (FY) 2012-04-01 – 2015-03-31
Project Status Completed (Fiscal Year 2014)
Budget Amount *help
¥5,070,000 (Direct Cost: ¥3,900,000、Indirect Cost: ¥1,170,000)
Fiscal Year 2014: ¥1,560,000 (Direct Cost: ¥1,200,000、Indirect Cost: ¥360,000)
Fiscal Year 2013: ¥910,000 (Direct Cost: ¥700,000、Indirect Cost: ¥210,000)
Fiscal Year 2012: ¥2,600,000 (Direct Cost: ¥2,000,000、Indirect Cost: ¥600,000)
Keywords所得格差 / 人的資本 / 経済発展 / 論文 / 国際学会 / 教育格差
Outline of Final Research Achievements

In this study, we have presented a model that generates the human capital Kuznets curve without assuming increasing returns to education. In the theoretical literature, the human capital Kuznets curve is derived by assuming increasing returns to scale in models that set human capital accumulation as the engine of economic growth. In contrast, introducing Stone-Geary preferences, we show that the Kuznets curve can be derived, without assuming increasing returns, in a two perods OLG model. In the early stages of economic development, poor individuals must prioritize consumption for subsistence over the education of their children. Only rich individuals can adequately educate their children, as education is a luxury good. Thus, the gap in human capital expands between poor and rich households. As the economy grows, however, education expenditure rises. The marginal productivity of education expenditure diminishes, and the gap in human capital falls.

Report

(4 results)
  • 2014 Annual Research Report   Final Research Report ( PDF )
  • 2013 Research-status Report
  • 2012 Research-status Report
  • Research Products

    (7 results)

All 2014 2013 2012 Other

All Journal Article (4 results) (of which Peer Reviewed: 1 results) Presentation (3 results)

  • [Journal Article] 習慣形成をともなう最適所得課税」『九州国際大学経営経済論集2014

    • Author(s)
      緒方隆
    • Journal Title

      九州国際大学経済経営論集

      Volume: 20 Pages: 31-60

    • Related Report
      2013 Research-status Report
  • [Journal Article] Competing Process and Quality Innovation and the Duration of Product Cycles2014

    • Author(s)
      Colin Davis and Yasunobu Tomoda
    • Journal Title

      Kobe City University Working Paper Series

      Volume: 47 Pages: 1-27

    • Related Report
      2013 Research-status Report
  • [Journal Article] Cost Function and Market Equilibrium: Trade-off between Borrowing Constraint and Risk Premium2014

    • Author(s)
      Yasunobu Tomoda and Makoto Okamura
    • Journal Title

      Kobe City University Working Paper Series

      Volume: 48 Pages: 1-19

    • Related Report
      2013 Research-status Report
  • [Journal Article] Human Capital Kuznets Curve with Subsistence Consumption Level2012

    • Author(s)
      Miki Matsuo, Yasunobu Tomoda
    • Journal Title

      Economics Letters

      Volume: 116 Issue: 3 Pages: 392-395

    • DOI

      10.1016/j.econlet.2012.04.012

    • Related Report
      2012 Research-status Report
    • Peer Reviewed
  • [Presentation] Child Labor and Human Capital Formulation with Stone-Geary Preferences2013

    • Author(s)
      Miki Matsuo, Yasunobu Tomoda
    • Organizer
      13th SAET Conference on Current Trends in Economics MINES ParisTech
    • Place of Presentation
      Economics MINES ParisTech
    • Related Report
      2012 Research-status Report
  • [Presentation] Child labor and human capital formulation with Stone-Geary preferences

    • Author(s)
      Miki Matsuo, Yasunobu Tomoda and Katsuohiko Hori
    • Organizer
      日本経済学会
    • Place of Presentation
      神奈川大学
    • Related Report
      2013 Research-status Report
  • [Presentation] Child labor and human capital formulation with Stone-Geary preferences

    • Author(s)
      Miki Matsuo
    • Organizer
      Society for the Advancement of Economic Theory
    • Place of Presentation
      Economics MINES ParisTech
    • Related Report
      2013 Research-status Report

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Published: 2013-05-31   Modified: 2019-07-29  

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