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mortality below age forty generates productivity gains, which in turn may explain why the positive correlation between health …This paper revisits the relationship between health and growth in light of modern endogenous growth theory. We propose … a unified framework that encompasses the growth effects of both the rate of improvement of health and the level of …
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This paper explores the applicability of the Nelson-Phelps approach to the modeling of human capital in economic growth for the sample of OECD countries. A case is made for confining the approach to the technology diffusion component and for combining it with the Lucas approach. For such a...
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