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.

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.

• Item Type: MPRA Paper
• Language: English
• Keywords: Level and growth effects of human capital, extension to the Solow growth model.
• Subjects: O - Economic Development, Innovation, Technological Change, and Growth > O4 - Economic Growth and Aggregate Productivity > O47 - Empirical Studies of Economic Growth ; Aggregate Productivity ; Cross-Country Output Convergence

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