New Evidence on the effect of human capital on economic growth
We improve results of the Mankiw, Romer and Weil (1992) augmented neoclassical growth model by considering broader measures of human capital. Compared with the MRW results, our approach increases the explanatory power of the model and the speed of conditional income convergence.
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Volume (Year): 4 (1997)
Issue (Month): 2 ()
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