Threshold Effects of Human Capital: Schooling and Economic Growth
Humna Ahsana and
M. Emranul Haque
Centre for Growth and Business Cycle Research Discussion Paper Series from Economics, The University of Manchester
Many recent studies have found average years of schooling to be unrelated with economic growth. In this note, we show that the significant positive effect of schooling can only be realised after an economy crosses a threshold level of development.
Pages: 11 pages
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Persistent link: https://EconPapers.repec.org/RePEc:man:cgbcrp:217
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