Soto, Marcelo (contributor) - 2002 - [Elektronische Ressource]
the
investment rate in physical and human capital. These two equations represent,
respectively, the steady state and … convergence path of income. Then, in their empirical
analysis, MRW show that human capital investment is significant in both … equations. For
human capital investment, MRW use the secondary enrolment rate multiplied by the
fraction of population aged 15 …