7. The data on human capital we used throughout this chapter measured the number of years of schooling attained by members of each coun- try's working-age population. However, coun- tries differ in the number of days of school that make up a school year. Rich countries tend to have more days in their school years than do poor countries. Suppose that instead of data on school years, we used data on school days. How would these new data change our assessment of the role of productivity in explaining variations in output per worker among countries?
7. The data on human capital we used throughout this chapter measured the number of years of schooling attained by members of each coun- try's working-age population. However, coun- tries differ in the number of days of school that make up a school year. Rich countries tend to have more days in their school years than do poor countries. Suppose that instead of data on school years, we used data on school days. How would these new data change our assessment of the role of productivity in explaining variations in output per worker among countries?
Chapter1: Making Economics Decisions
Section: Chapter Questions
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