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- W298988173 abstract "An extensive literature indicates that a substantial proportion of the rate of growth of the economy can be attributed to increases in the educational level of the labor force. Recent theoretical advancements in the economic growth literature once again place human resource issues at the forefront of the debate on country economic growth. The new growth theories reaffirm the importance of education for promoting economic growth. The externalities associated with education are given prime importance in the new growth theories, which accommodate endogenous technical change and increasing returns to scale. This paper presents a review of the new growth theory literature, focusing on the importance of human capital." @default.
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- W298988173 date "1994-09-30" @default.
- W298988173 modified "2023-09-27" @default.
- W298988173 title "Notes on education and economic growth : theory and evidence" @default.
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