Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/92685
Authors: 
Kuwahara, Shiro
Yamada, Katsunori
Year of Publication: 
2008
Series/Report no.: 
ISER Discussion Paper, Institute of Social and Economic Research, Osaka University 722
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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