Education and economic growth Some cross-sectional evidence from Brazil☆

@inproceedings{Lau1993EducationAE,
  title={Education and economic growth Some cross-sectional evidence from Brazil☆},
  author={Lawrence J. Lau and Dean T. Jamison and S. C. Liu and Steven G. Rivkin},
  year={1993}
}
Abstract Capital, labor, human capital and technical progress are the four principal sources of growth of aggregate real output. Based on data from individual Brazilian states in 1970 and 1980, an aggregate meta-production function relating aggregate real output of each state to capital, labor, average education and time is estimated. It is found that one additional year of average education per person of the labor force increases real output by approximately 20 percent. However, there is also… CONTINUE READING

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