Mortality Rate and Property Rights in a Model with Human Capital and R&D
The paper analyzes the effect of different types of incentives in a standard model with physical capital, human capital and R&D. In particular, the economy evolves from a neoclassical physical capital model to a Lucas human capital model and finally to an R&D model.
Link
http://econwpa.wustl.edu:80/eps/dev/papers/0408/0408010.pdf