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Threshold effects of human capital: Schooling and economic growth

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  • Ahsan, Humna
  • Haque, M. Emranul

Abstract

Empirical growth studies have often found average years of schooling to be unrelated with economic growth. This note shows that the significant positive effect of schooling can only be realized after an economy crosses a threshold level of development.

Suggested Citation

  • Ahsan, Humna & Haque, M. Emranul, 2017. "Threshold effects of human capital: Schooling and economic growth," Economics Letters, Elsevier, vol. 156(C), pages 48-52.
    • Handle: RePEc:eee:ecolet:v:156:y:2017:i:c:p:48-52
    DOI: 10.1016/j.econlet.2017.04.014
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    References listed on IDEAS

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    More about this item

    Keywords

    Human capital; Schooling; Dynamic threshold model; Panel data analysis; Growth;
    All these keywords.

    JEL classification:

    • I21 - Health, Education, and Welfare - - Education - - - Analysis of Education
    • I25 - Health, Education, and Welfare - - Education - - - Education and Economic Development
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General

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