New Evidence on the effect of human capital on economic growth

Abstract

We improve results of the Mankiw, Romer and Weil (1992) augmented neoclassical growth model by considering broader measures of human capital. Compared with the MRW results, our approach increases the explanatory power of the model and the speed of conditional income convergence.

^*Formely Abbas Pourgerami. Author to whom all correspondence should be addressed.

^*Formely Abbas Pourgerami. Author to whom all correspondence should be addressed.

Notes

^*Formely Abbas Pourgerami. Author to whom all correspondence should be addressed.