Cazzavillan, Guido; Donadelli, Michael; Persha, Lauren - In: Research in Economics 67 (2013) 3, pp. 226-242
This paper investigates the “education-total factor productivity trade-off” in explaining income per worker differences between sub-Saharan (unlucky) and G7 (lucky) economies. First, we examine the dynamics of average years of schooling (i.e. education), capital per worker, income per...