This paper examines theory and evidence from recent studies into the contributions to economic growth of expenditure on education and on research and development. Investment in human capital has fundamentally different economic attributes to physical investment - exhibiting complementarity,...

This paper examines theory and evidence from recent studies into the contributions to economic growth of expenditure on education and on research and development. Investment in human capital has fundamentally different economic attributes to physical investment - exhibiting complementarity,...

This book brings together a number of contributions in growth theory and macroeconomic dynamics that reflect recent developments and the ongoing debate over the relative merits of neo-classical and endogenous growth models. It focuses on three important aspects that have been receiving...