This paper assesses the effects of knowledge on economic growth. By using an array of indicators, each of which represents an aspect of knowledge, as independent variables in cross-section regressions that span 92 countries for the period 1960 to 2000, they show that knowledge is a significant determinant of long-term economic growth. In particular, the authors find that the stock of human capital, the level of domestic innovation and technological...
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2004/08/01
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Рабочий документ в рамках исследования вопросов политики
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WPS3366
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1
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1
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2010/07/01
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Knowledge and development : a cross-section approach
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rates of return to education
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