Estimating the Permanent Growth Effects of Human Capital

Rao, Bhaskara and Shankar, Sriram (2011): Estimating the Permanent Growth Effects of Human Capital.

Abstract

This paper estimates with the least trimmed least squares (LTS) a specification suitable to estimate the permanent growth effects of human capital, using educational attainment (H) as a proxy. Our results show that H has significant permanent growth effects but these are much smaller than in Temple (1999).

• Item Type: MPRA Paper
• Language: English
• Keywords: Least Trimmed Squares, Human capital, Educational attainment, Permanent growth effects
• Subjects: O - Economic Development, Innovation, Technological Change, and Growth > O1 - Economic Development > O15 - Human Resources ; Human Development ; Income Distribution ; Migration; O - Economic Development, Innovation, Technological Change, and Growth > O4 - Economic Growth and Aggregate Productivity > O40 - General

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