Human capital,investment and growth: Some results from an endogenous growth model |
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| Authors: | Abdel-Hameed M. Bashir Ali F. Darrat |
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| Affiliation: | 1. Grambling State University, Grambling, LA
2. Louisiana Tech University, Ruston, LA
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| Abstract: | Recent theoretical literature on the sources of economic growth has emphasized the role of human capital as an internal contributing force in the growth process. Empirical results reported in this paper provide support for this theoretical proposition. Cross-country data from 32 developing countries indicate that human capital (as alternatively measured by the primary school enrollment rate or the adult literacy rate) exerts a significant positive impact upon output growth. |
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