Fleisher, Belton M.; Li, Haizheng; Zhao, Min Qiang - Institute for the Study of Labor (IZA) - 2008
capital, and infrastructure capital; the infusion of new technology and its regional spread; and market reforms, with a major … accelerated. We find that human capital positively affects output per worker and productivity growth. In particular, in terms of … robust to model specifications and estimation methods. The spillover effect appears to be much stronger before 1994. We …