Beraldo, Sergio; Estivill, Daniel Montolio; Turati, Gilberto - Facultat d'Economia i Empresa, Universitat de Barcelona - 2005
In this paper, we study how public and private expenditures in health and education affect economic growth by their influence on peoples health, abilities, skills and knowledge. We consider a growth accounting framework in order to test whether welfare expenditures more than offset the...