Chakraborty, Arpan; Chattopadhyay, Siddhartha; Sahu, Sohini - 2023
Mankiw, Romer and Weil (1992) empirically established the importance of human capital accumulation in explaining the cross-country income differences. However, their results have been critiqued by Acemoglu (2009) due to endogeneity concerns stemming from potential omitted variable bias. This...