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  • Tran Nhat Thien Dalat University, Viet Nam
  • Thai Ha Huy University of Evry (University of Paris-Saclay), France



Dynamic programming, Endogenous growth, Human capital.


This paper revisits the theoretical framework of endogenous economic growth by considering models where human capital accumulation is at the center of the growth process. Our work is in line with Lucas (2015), who calls for not giving “too large a role to exogenous technological change” (p. 86) while advocating that “the contribution of human capital accumulation to economic growth deserves a production function of its own” (p. 87). The main finding of our research provides the long-term behavior of economies, where our main results locate and extend these discussions to infinite-horizon models in several ways.


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Volume and Issues


Economics and Management

How to Cite

Tran, N. T., & Thai, H. H. (2023). HUMAN CAPITAL AS THE SOURCE OF ECONOMIC GROWTH. Dalat University Journal of Science, 13(4S), 30-41.