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impact of human capital investments in the efficiency of the 21 economic activity subsectors for micro and large … all the economic activity subsectors with scale efficiency equal to one optimally invest, and the average amount of … efficiency in both micro and large-sized enterprises when the human capital training variable is present. This paper demonstrates …
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In an evaluation of a job-training program, the influence of the program on the individual earnings capacity is important, because it reflects the program effect on human capital. Estimating these effects is complicated because earnings are observed for employed individuals only, and employment...
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