Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/92685 
Year of Publication: 
2008
Series/Report no.: 
ISER Discussion Paper No. 722
Publisher: 
Osaka University, Institute of Social and Economic Research (ISER), Osaka
Abstract: 
We address the local home environment externality conceptualized by Galor and Tsiddon (1997a; 1997b) in the two sector growth model of Lucas (1988). We show that this version of externality related to human capital accumulation process can be a source of indeterminacy.
Subjects: 
local home environmental externality
human capital
indeterminacy
JEL: 
O41
E32
Document Type: 
Working Paper

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