Donadelli, Michael - Dipartimento di Economia e Finanza (DEF), Libera … - 2012
This paper investigates the \education-total factor productivity trade-o " in explaining per worker income dierences …, I am able to study separately the dynamic of the average years of schooling (i.e. education level), the per worker … capital, the per worker income, and the total factor productivity (TFP). I conrm that physical capital and education levels …