Stevens, Philip (contributor); Weale, Martin (contributor) - 2003 - [Elektronische Ressource]
capital, as the
counterparttoinvestinginfixed capital. The process of education can be analysed as
an investment decision.
2 … impossible to avoid the urge to make a comparison between the
coefficients quoted by Mankiw et al and those found in equation (1 … not
automatically catch up to some uniform value. Instead the value which is reached
depends on the investment ratio and …