4.6 Article

Network effects in a human capital based economic growth model

期刊

出版社

ELSEVIER
DOI: 10.1016/j.physa.2009.02.006

关键词

Econophysics; Agent based models; Human capital; Complex networks

资金

  1. FCT (Portugal) [PDCT/EGE/60193/2004, SFRH/BD/23709/2005]
  2. UECE
  3. Centro de Fisica do Porto
  4. FCT (Fundacao para a Ciencia e a Tecnologia, Portugal)
  5. ERDF
  6. Portuguese funds
  7. Fundação para a Ciência e a Tecnologia [SFRH/BD/23709/2005, PDCT/EGE/60193/2004] Funding Source: FCT

向作者/读者索取更多资源

We revisit a recently introduced agent model [ACS, 11. 99 (2008)], where economic growth is a consequence of education (human capital formation) and innovation, and investigate the influence of the agents' social network, both oil an agent's decision to pursue education and oil the output of new ideas. Regular and random networks are considered. The results are compared with the predictions of a mean field (representative agent) model. (C) 2009 Elsevier B.V. All rights reserved.

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