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New Evidence on the effect of human capital on economic growth

Author

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  • Abbas Grammy
  • Djeto Assane

Abstract

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.

Suggested Citation

  • Abbas Grammy & Djeto Assane, 1997. "New Evidence on the effect of human capital on economic growth," Applied Economics Letters, Taylor & Francis Journals, vol. 4(2), pages 121-124.
    • Handle: RePEc:taf:apeclt:v:4:y:1997:i:2:p:121-124
    DOI: 10.1080/758526709
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    References listed on IDEAS

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    1. Robert M. Solow, 1956. "A Contribution to the Theory of Economic Growth," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 70(1), pages 65-94.
    2. N. Gregory Mankiw & David Romer & David N. Weil, 1992. "A Contribution to the Empirics of Economic Growth," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 107(2), pages 407-437.
    3. Scully, Gerald W & Slottje, Daniel J, 1991. "Ranking Economic Liberty across Countries," Public Choice, Springer, vol. 69(2), pages 121-152, February.
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    Cited by:

    1. Djeto Assane & Abbas Grammy, 2003. "Institutional framework and economic development: international evidence," Applied Economics, Taylor & Francis Journals, vol. 35(17), pages 1811-1817.

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