曼昆经济学原理英文课件princ-ch25.pptVIP

* * You might also add that technological knowledge can easily be shared among infinitely many producers. Human capital is generally tied to the individuals that expend the effort to acquire it. For example, if someone discovers a more cost-effective way to manufacture cars, this knowledge can be shared with all auto manufacturers, causing a general increase in productivity in the auto sector. If someone acquires some skills or experience that enable him or her to do his or her job better, then his productivity rises, but not that of all persons in his occupation. * * This and the fol