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In recent years, there has been an increasing interest in studying the relation between human capital and economic growth. In this research we attempted to analyze the effect of human capital, oil reserves and health expenditure on economic growth during the period of 1980 to 2010 for five groups of oil-rich countries through the so-called Resource Curse hypothesis .The results indicate that human capital has a positive effect on economic growth of Middle East, European Eurasia, North America and Central America countries; however, it does not have any effect on that of African countries
ALIREZA DAGHIGHIASLI , TEYMOUR MOHAMMADI , MARYAM SHAHBAZI . (2014) The Survey of Human Capital Effect on Economic Growth in Oil Rich Countries, International Review of Management and Business Research, Volume 3, Issue 1.
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