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Panel data estimates of the growth and level effects of human capital in the selected Asian countries

Rao, B. Bhaskara and Singh, Rup (2009): Panel data estimates of the growth and level effects of human capital in the selected Asian countries.

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Abstract

This paper uses an extension to the Solow growth model to estimate the level and growth effects of human capital. Empirical results for a panel of 10 Asian countries from 1960-2003 show that both the growth and level effects of human capital are positive and significant.

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