Both the quality and quantity of human capital are important for growth. Although the quality aspects of human capital … may have greater potential in explaining growth, given that the quantity effects of human capital have been found to be … ambiguous, they have long been ignored in empirical growth literature. This paper empirically tests the joint effects of both …

our series and a number of previously available data sets and examine their performance in several growth specifications … growth regressions. Using an extension of the classical errors in variables model, we construct a set of meta-estimates of …

sizable effect on productivity growth.According to my estimates, moreover, the social returns to investment in human capital …

sizable effect on productivity growth. According to my estimates, moreover, the social returns to investment in human capital …

framework of the analysis is given by the Aghion-Howitt model which explains the rate of MFP growth by the distance to the world … Productivity (MFP) growth and three frequently cited determinants: business R&D, labour skills and ICT use. The theoretical …

The debate over the impact of education on economic growth has recentlyled to disagreement when, at the empirical level …, the effect of average humancapital on economic growth has been found to be weak. With this paper we revisitthese results … endogeneityissues, as well as small sample biases, are tackled by using system GMM estimatorsand the correction proposed by Windmeijer …

functions that nests both the Cobb-Douglas and the CES. Embedding the resultant production function in a neoclassical growth … and labor may exceed unity and thus yield endogenous growth. …