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GENDER-DIFFERENTIATED HUMAN CAPITAL AND TIME DISTRIBUTIONS IN A GENERALIZED HECKSCHER-OHLIN MODEL WITH ENDOGENOUS PHYSICAL CAPITAL.

Authors :
Wei-Bin ZHANG
Source :
Knowledge Horizons / Orizonturi ale Cunoasterii. 4/1/2016, Vol. 8 Issue 2, p112-132. 21p.
Publication Year :
2016

Abstract

This paper deals with the role of preferences and technological differences between any number of national economies in determining the dynamics of capital stocks, gender-differentiated human capital, pattern of trade and gender-differentiated time distribution in a reformed H-O model. The trade model studies endogenous wealth and human capital accumulation and labor and capital distribution between sectors and between countries under perfectly competitive markets and free trade. It is an integration of the H-O model, the Solow-Uzawa neoclassical growth model, the Uzawa-Lucas twosector model, and the Oniki-Uzawa trade model. It synthesizes these well-known economic models with Zhang's utility function for describing household behavior. The paper simulates the model, demonstrating the motion of the dynamic system and the existence of equilibrium point. We also examine the effects of changes in the total factor productivity of a country's industrial sector, the productivity of country's education sector, one country's propensity to consume another country's global commodity, man's propensity to stay at home, woman's propensity to receive education, and a country 1's population. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
20690932
Volume :
8
Issue :
2
Database :
Academic Search Index
Journal :
Knowledge Horizons / Orizonturi ale Cunoasterii
Publication Type :
Academic Journal
Accession number :
118552753