Revisiting Linkages between Openness, Education and Economic Growth: System GMM Approach

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Openness appears to have a strong impact on economic growth especially in DCs, which typically exhibit a high share of physical capital in factor income and a low share of labor. In the neoclassical growth model with partial capital mobility, physical capital's share in factor income determines the difference in the predicted convergence rates for open and closed economies. With a 60 percent sh...

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The most important goal of each society, is to reach economic development. As the goal and agent of development, man has got an important responsibility, which responsibility is realized by way of education, specially higher education, because the universities are the main factors for progress, production of knowledge and education of specialized human forces and they play a significant role in...

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ژورنال

عنوان ژورنال: Journal of Economic Integration

سال: 2010

ISSN: 1225-651X,1976-5525

DOI: 10.11130/jei.2010.25.1.194