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Many Types of Human Capital and Many Roles in U.S. Growth: Evidence from County-Level Educational Attainment Data
Young, Andrew; Levy, Daniel; Higgins, Matthew - EconWPA - 2004
We utilize county-level data to explore the roles of different types of human capital accumulation in U.S. growth determination. The data includes over 3,000 cross-sectional observations and 39 demographic control variables. The large number of observations provides enough degrees of freedom to...
Persistent link: https://www.econbiz.de/10005126012
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Intelligence, Human Capital, and Economic Growth: A Bayesian Averaging of Classical Estimates (BACE) Approach
Jones, Garett; Schneider, W. Joel - EconWPA - 2005
Human capital plays an important role in the theory of economic growth, but it has been difficult to measure this abstract concept. We survey the psychological literature on cross-cultural IQ tests, and conclude that modern intelligence tests are well-suited for measuring an important form of a...
Persistent link: https://www.econbiz.de/10005407739
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IQ in the Ramsey Model: A Naive Calibration
Jones, Garett - EconWPA - 2005
I show that in a conventional Ramsey model, between one-fourth and one- half of income differences across countries can be explained by a single factor: The steady-state effect of large, persistent differences in national average IQ on worker productivity. These differences in cognitive...
Persistent link: https://www.econbiz.de/10005118848
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How Well Do Patent Citations Measure Flows of Technology? Evidence from French Innovation Surveys
Emmanuel, DUGUET; Megan, MacGARVIE - EconWPA - 2004
in this area uses “backward” citations to measure technological knowledge acquired by the patenting entities studied …. “Forward” citations (citations to the firm’s patents made by other patents) have been interpreted as a measure of the knowledge … good measure of knowledge flows. Our paper assesses the legitimacy of using European patent citations as a measure of …
Persistent link: https://www.econbiz.de/10005118706