Teixeira, Aurora; Fortuna, Natércia - Faculdade de Economia, Universidade do Porto - 2003
In this paper, we study human capital effects on economic growth of Portugal from 1960 to 2001. By using VAR and … cointegration analyses, we obtain 0.42 long-run estimate for human capital elasticity, 0.30 long-run estimate for internal knowledge … between human capital and innovation capability. These estimates seem to confirm that human capital and indigenous innovation …
