Are these differences between educated and uneducated countries reflected in the growth
rates as well? Table 8 presents the data on average growth rates of different groups of countries.
During 1960-2000, countries with high human capital in 1960 have grown 2 times faster, on
average, than low human capital ones. Stable democracies have grown slightly faster than
imperfect democracies, and much faster than dictatorships, on average, but this may of course be
just the human capital effect. In addition, Table 8 shows the dispersion of growth rates among
different groups of countries. It shows the higher dispersion of growth rates across autocracies than
democracies, and across poorly educated countries relative to the well educated ones.