Human capital around the globe: How to measure the human input in GDP

Human capital around the globe: How to measure the human input in GDP

What does it take to produce stuff? On a basic level, you need means of production: raw materials, land, some machinery, some structure, and humans. Gross domestic product (GDP) is the measure of all the stuff produced in a country (in each quarter or each year) and depends heavily on the means of…

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