ARAUJO, Claudio; BONJEAN, Catherine ARAUJO; ARCAND, … - Centre d'Études et de Recherches sur le Développement … - 1999
It is frequent, especially in the African context, to find a negative and statistically significant coefficient associated with human capital when it is introduced into the estimation of a plot-level production function. We provide an explanation for this paradox in the context of a...