Are average years of education losing predictive power for economic growth? An alternative measure through structural equations modeling.

The accumulation of knowledge required to produce economic value is a process that often relates to nations economic growth. Some decades ago many authors, in the absence of other available indicators, used to rely on certain measures of human capital such as years of schooling, enrollment rates, or...

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Bibliographic Details
Main Authors: Henry Laverde-Rojas, Juan C Correa, Klaus Jaffe, Mario I Caicedo
Format: Article
Language:English
Published: Public Library of Science (PLoS) 2019-01-01
Series:PLoS ONE
Online Access:https://doi.org/10.1371/journal.pone.0213651