Orbeta A C
Philipp Rev Econ Bus. 1992 Dec;29(2):179-230.
"The paper presents an econometrically estimated model where economic and demographic variables are determined simultaneously. It is used to quantify the importance of human capital expenditures in socioeconomic and demographic development as well as analyze the effects of rapid population growth on human capital expenditures. The simulation results indicate that human capital expenditures are important determinants of economic development, have appreciable negative effects on both fertility and infant mortality, hence, have negligible net effects on population in human capital expenditures per capita which implies a deteriorating quality of human capital."
本文提出了一个经济计量估计模型，其中经济和人口变量是同时确定的。该模型用于量化人力资本支出在社会经济和人口发展中的重要性，以及分析人口快速增长对人力资本支出的影响。模拟结果表明，人力资本支出是经济发展的重要决定因素，对生育率和婴儿死亡率均有明显的负面影响，因此，人均人力资本支出对人口的净影响可忽略不计，这意味着人力资本质量在下降。
