Essays on variable elasticity of substitution, economic growth, and human capital outcomes

Gamlath, Sharmila (2016) Essays on variable elasticity of substitution, economic growth, and human capital outcomes. PhD thesis, Queensland University of Technology.


This thesis uses alternative approaches to the modelling of technology and preferences to examine several macroeconomic issues. The diverse explorations carried out in the thesis make a novel contribution to the macroeconomics literature by providing interesting insights into the underlying factors that determine the manner in which growth, inequality, and political economy outcomes evolve in an economy over time. The results show that the degree of substitutability between resources in an economy is a major determinant of long-run economic outcomes, and hence carry some important implications for government policies relating to economic growth and human capital accumulation.

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58 since deposited on 22 Aug 2016
58 in the past twelve months

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ID Code: 97976
Item Type: QUT Thesis (PhD)
Supervisor: Lahiri, Radhika & Pavlov, Oscar
Keywords: Variable elasticity of substitution, Economic growth, Human capital, Inequality, Education expenditure, Health expenditure, Biased technical change, Optimal policy, Stability analysis, • Political economy
Divisions: Current > QUT Faculties and Divisions > QUT Business School
Current > Schools > School of Economics & Finance
Institution: Queensland University of Technology
Deposited On: 22 Aug 2016 23:25
Last Modified: 22 Aug 2016 23:25

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