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The aim of this article is to present empirical estimates about the impact of human capital on labor productivity … convergence of labor productivity was used. The basic difference between both methodological frameworks is in the bias of the … exact methodology for measuring its value. The results about the impact of human capital on labor productivity are therefore …
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The rise and decline of nations throughout history continuously puzzles economists. Experience shows that successful economic performance is a very complex process, the scope of which goes well beyond the simplified neoclassical approach to growth. Business environment is a key determinant of...
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