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About the article
Published Online: 2013-06-20
Published in Print: 2013-01-01
While we do not provide a further statistical analysis, it is also possible that subsidies to education (and other forms of human capital production such as on-the-job training and in-home training) can multiply the effects of R&D and TA, accelerating productivity growth. See Choi (2011) and James and Choi (2013) for a related discussion.