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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

Abstract: 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
Date: 2015
New Economics Papers: this item is included in nep-edu, nep-fdg, nep-gro and nep-hrm
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