Pamplona. January 25th, 2013.
Abdulaziz Shiffa is a PhD candidate from Stockholm University. He proposed an explanation on why emerging economies experience a very rapid growth. To respond to this question, Shiffa developed a simple model of growth and economic catch-up that allows for human capital to transfer from frontier to developing economies. By analyzing the results of the model, Shiffa concluded that the possibility of human capital transfer could double the impact of a total factor productivity (TFP) increase in a typical catching-up economy.