Abstract
Earlier economic growth studies are extended to account for simultaneity between economic growth and human capital accumulation. The speed of income convergence and contribution of human capital to economic growth are underestimated if contemporaneous human capital growth effects are ignored.
| Original language | English (US) |
|---|---|
| Pages (from-to) | 355-362 |
| Number of pages | 8 |
| Journal | Economics Letters |
| Volume | 51 |
| Issue number | 3 |
| DOIs | |
| State | Published - Jun 1996 |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 8 Decent Work and Economic Growth
All Science Journal Classification (ASJC) codes
- Finance
- Economics and Econometrics
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