Investment in Education and U.S. Economic Growth

作者: Dale W. Jorgenson , Barbara M. Fraumeni

DOI: 10.2307/3440246

关键词: Foreign direct investmentEconomicsEducation economicsGross private domestic investmentCapital employedInvestment (macroeconomics)Return on investmentCapital accumulationOpen-ended investment companyLabour economicsEconomics and Econometrics

摘要: The purpose of this paper is to measure the impact investment in education on U.S. economic growth. Education treated as an human capital, since benefits accrue educated individual over a lifetime activities. One most important higher income from labor market participation. This key understanding link between and Our finding that nonhuman capital accounts for overwhelming proportion growth economy during postwar period. Educational will continue predominate requirements more rapid

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