Human capital and economic growth

@inproceedings{Barro1992HumanCA,
  title={Human capital and economic growth},
  author={R. Barro},
  year={1992}
}
s from the Inferences that have been drawn for desirable governmental policies. The policy implications derive from positive or negative gaps between social and private rates of return. Pos~tive gaps can reflect uncompensated spillover benefits In research and production, the consequences of monopoly pricing of the existing goods, and the disincentive effects from taxation. Negativegaps can come from the seeklng of exlstlng monopoly rentals by new entrants or from congestion effects (negative… Expand
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