As the text states, investment in human capital is an important ingredient for a nations economic growth.

Question:

As the text states, investment in human capital is an important ingredient for a nation€™s economic growth. The data in the following table shows the net enrollment rates in primary school as a percentage of the relevant group for 10 developing countries in 1999 and 2013. Go to http://data.worldbank.org and look up per capita GDP for these 10 countries for 1999 and 2013. (Search for GDP per capita [current $US] data.) Calculate the percent changes in per capita GDP from 1999 to 2013 for these 10 countries. Do the changes in per capita GDP seem to correlate with the changes in enrollment rates? What besides increased enrollment may be responsible for the changes in per capita GDP?

Net enrollment rate, primary school, percent of relevant group Percent change Country 1999 2013 Angola Burkina Faso 54 8

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Principles of Macroeconomics

ISBN: 978-0134078809

12th edition

Authors: Karl E. Case, Ray C. Fair, Sharon E. Oster

Question Posted: