Economic growth and human capital accumulation: Simultaneity and expanded convergence tests

被引:30
作者
Goetz, SJ
Hu, DY
机构
[1] Department of Agricultural Economics, University of Kentucky, Lexington
关键词
economic growth; human capital; convergence;
D O I
10.1016/0165-1765(96)00827-0
中图分类号
F [经济];
学科分类号
02 ;
摘要
Earlier economic growth studies are extended to account for simultaneity between economic growth and human capital accumulation. The speed of income convergence and contribution of human capital to economic growth are underestimated if contemporaneous human capital growth effects are ignored.
引用
收藏
页码:355 / 362
页数:8
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