Many countries in the developed world are ageing in terms of their distribution of population. Conversely, a number of countries in the south have younger population. India for example, has 60% of its population in the age group of 15-59, with the mean age close to 27 years as of present times....

The study examines the impact of human capital on economic growth in India for the period 1960 to 2004. Assuming that the mechanism for developing human capital is formal education, we examine the long-run relationship between gross enrolment ratios at different level of education and per capita...