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This paper investigates the impact of human capital on economic growth in Guatemala through the application of an error-correction methodology. Two channels are analyzed, by which human capital is expected to influence growth. A better-educated labor force appears to have a positive and...
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The purpose of this research paper is to provide empirical evidence regarding savings and growth relationship in … seventeen African countries using an annual data spanning 1960 to 2000. We investigate the causal links between savings and … evidence from descriptive statistics shows that the response by savings to rising or falling in real GDP are not uniform across …
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