From Physical to Human Capital Accumulation: Inequality and the Process of Development
By Oded Galor, Omer Moav. 2004
1,415 citations recorded by the source corpus.
Subfields: Economics and Econometrics, Sociology and Political Science
View Paper: https://www.semanticscholar.org/paper/61a4b9497dbb05d9bff6b0d51cfe19ab0f36a915
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Citations in the corpus
- Rising Income Inequality: Technology, or Trade and Financial Globalization? (2008, neutral): “Some of the most influential theoretical contributions include Greenwood and Jovanovic (1990), Galor and Zeira (1993), Alesina and Rodrik (1994), Benabou (1996), Kremer and Chen (2002), Galor and Moav (2004), and Persson and Tabellini (1994).”
- Exploring the Nexus Between Human Capital, Corporate Governance and Performance: Evidence from Islamic Banks (2017, positive): “…(2012) found that human capital formation in the form of continuous learning, contributes significantly to nation’s economic growth within Europe; Galor and Moav (2004) investments help the firm to develop a strong pool of human capital, which has a strong positive impact on the firm’s overall…”
- Why England? Demographic factors, structural change and physical capital accumulation during the Industrial Revolution (2006, background): “As emphasized by Galor and Moav (2004) , physical capital accumulation is crucial for the first transition.”
- Does non-farm sector employment reduce rural poverty and vulnerability? Evidence from Vietnam and India (2015, background): “The poor can then invest in assets and education, which further reinforces development (Galor and Moav, 2004)).”
- Finance and Income Inequality: A Review and New Evidence (2017, neutral): “Inequality falls in models with this mechanism (Galor and Moav, 2004).”
- Inequality, Human Capital Formation and the Process of Development (2011, positive): “The robustness of the main insights of the theory in an environment where factor prices are endogenously determined and investment decisions across dynasties are interdependent is established in a large number of studies (e.g., Banerjee and Newman, 1993; Galor and Moav, 2004).”
- Agglomeration, inequality and economic growth (2014, result): “The contrasting predictions of the theory, and the diverse results of the empirical evidence, are reconciled to some extent by Galor and Moav (2004).”
- Too much finance? (2015, positive): “…of inequality, credit market imperfections can also have a negative effect on growth (and perpetuate inequality) because they prevent the poor from accumulating human capital which, unlike physical capital, needs to be spread throughout the population (Galor and Zeira 1993; Galor and Moav 2004).”
- Growth, distance to frontier and composition of human capital (2004, background): “Galor and Moav (2004, 2006) develop a theory that captures the replacement of physical capital accumulation by human capital accumulation as a prime engine of growth along the process of development.”
- Redistribution, inequality, and growth: new evidence (2018, background): “…imperfections and fixed costs of investment in education, showing that inequality can lead to under-investment in human capital and reduce growth.2 Galor and Moav (2004) propose a unified theory of inequality and growth which argues that the effect of inequality depends on the relative return to…”
- Political machinery: did robots swing the 2016 US presidential election? (2018, background): “After six decades of stagnant wage growth during the British Industrial Revolution, ordinary workers eventually became the prime beneficiaries of automation as they adapted and acquired new skills (Galor and Moav, 2004; Bessen, 2015).”