Mora, Elita; Vicente, Irene; Villegas, Patricia; … - In: Atlantic review of economics : AROE 1 (2017)
The objective of this research is to examine the relationship between human capital and output in Ecuador through … with the approach of the endogenous growth model developed by Lucas (1988). We find that human capital measured by literacy … rate, and physical capital measured by gross fixed capital formation, have a stable long-term and short-term relationship …