Green, Sam; Melnyk, Andrew; Powers, Dennis - In: Applied Economics Letters 9 (2002) 14, pp. 907-910
Benhabib and Spiegel (1996) argue that human capital increases technological diffusion and, as a result, has a positive effect on economic growth. When human capital is accounted for in this way they find that other institutional variables do not affect growth. Their finding are re-examined by...