Models of Optimal Capital Accumulation and Portfolio Selection and the Capital Growth Criterion

Author(s):  
William T. Ziemba ◽  
Raymond G. Vickson
1989 ◽  
Vol 47 (1) ◽  
pp. 76-100 ◽  
Author(s):  
Robert A Becker ◽  
John H Boyd ◽  
Bom Yong Sung

2018 ◽  
Vol 9 (1) ◽  
pp. 39
Author(s):  
Pei-xiao Qi ◽  
Nian Zheng

The cultural capital can be as a kind of asset that embodies, stores and produces the cultural values except for producing the economic values. With the further progress of modern civilization, scientific culture, on an economics perspective, as a combination of intangible and tangible capital, more and more becomes the one of important engine to make economic sustainable growth in the long run for a country. Based on the framework by Barro and Turnvosky, this paper constructed an economic growth model including the factor of scientific culture and mainly found that the impact of scientific culture capital growth rate on human capital accumulation is positive, and then affects economic growth rate. And the greater scientific culture capital growth rate influences the human capital accumulation, the higher economic growth rate is.


1968 ◽  
Vol 76 (6) ◽  
pp. 1123-1151 ◽  
Author(s):  
Dale W. Jorgenson ◽  
Calvin D. Siebert

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