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Educational human capital and levels of income: evidence from states in India, 1965-92

Abstract:

This paper examines the long-run (steady-state) relationship between levels of educational human capital and levels of income for the 15 major states of India between 1965 and 1992. The relationship is estimated using the Pooled Mean Groups (PMG) technique; which produces common long-run coefficients but allows heterogeneity of the short-run adjustment parameters, and is well-suited to approximately square panels. The results suggest that levels of educational human capital, proxied by second...

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Publication status:
Published

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Publisher:
University of Oxford Publisher's website
Series:
Department of Economics Discussion Paper Series
Publication date:
2002-03-01
Paper number:
97
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Pubs id:
1144326
Local pid:
pubs:1144326
Deposit date:
2020-12-15

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