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One Imagine that you want to estimate the effect of human capital on economic growth for a sample of 27 countries (both developed and developing
One Imagine that you want to estimate the effect of human capital on economic growth for a sample of 27 countries (both developed and developing countries). For the human capital measure, you consider using high school completion rates. Clearly explain the limitation of using completion rates and give an alternative (better measure) measure of human capital. Explain why the alternative measure is better than completion rates
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