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Measures of Human Capital and Nonlinearities in Economic Growth |
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| Authors: | Pantelis Kalaitzidakis Theofanis P Mamuneas Andreas Savvides Thanasis Stengos |
| Institution: | (1) University of Crete, Rethimno, Greece, 74100;(2) University of Cyprus, P.O. Box 20537, CY-1678 Nicosia, Cyprus;(3) University of Leicester, University Road, Leicester, LE1 7RH, UK;(4) Oklahoma State University, Stillwater, OK 74078, USA;(5) University of Guelph, Guelph, Ontario, Canada, N1G 2W1 |
| Abstract: | In this paper we study the relationship between human capital accumulation and economic growth using various measures of human capital frequently employed by researchers. We use semiparametric estimation techniques to uncover any nonlinearities that may exist. Using mean years of schooling measures of human capital we find a nonlinear effect on economic growth. There seem to be important differences in the growth effect of educational attainment by gender and level of education. Enrollment rates do not yield a nonlinear effect. |
| Keywords: | cross country growth regressions human capital semi-parametric additive linear model |
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