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Peer reviewedRitzen, J. M. M. – Economics of Education Review, 1987
Models the interaction between human capital supply and demand with a production block and a labor supply block explored empirically for the Netherlands on a time-series basis. Simulates economic development, assuming a 20-year international business cycle. Shows government stabilization policy as effective in maximizing long-range growth.…
Descriptors: Business Cycles, Economic Development, Human Capital, Labor Supply
Peer reviewedMcMahon, Walter W. – Economics of Education Review, 1987
Discusses the overall efficiency of investment in primary and secondary education and technology transfer via investment both in physical capital and higher education in 30 of the poorest African countries. A high (21.2 percent) rate of return to investment in primary and secondary education was found. Includes six tables and 20 references. (MLH)
Descriptors: Cost Effectiveness, Elementary Secondary Education, Foreign Countries, Higher Education
