East Asia vs . Latin America : TFP and Human Capital Policies ( Very Preliminary and Incomplete - Please do not quote
نویسندگان
چکیده
In any empirical analysis of cross country economic performance it is easy to find a few episodes of fast growth, as well as many instances of economic stagnation. A major challenge for economic theory is to identify what are the driving forces behind the successes and failures. Ultimately, the objective of the theory is to come up with a recipe that a country can use to produce ∗We thank NSF for financial support. We are grateful to Victor Elias for sharing the data on educational expenditures used in Elias (1975).
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تاریخ انتشار 2007