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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
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
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
POWERED BY THE DEVELOPMENTS IN NEW TECHNOLOGY APPLICATIONS, THE WORLD IS MOVING RAPIDLY TOWARDS KNOWLEDGE … ELECTRONICALLY AND IN INTERDEPENDENT RELATIONSHIPS. KNOWLEDGE, EDUCATION AND TECHNOLOGICAL INNOVATIONS PRESENT OPPORTUNITIES FOR … IS EMPOWERING IN THE 21ST CENTURY, IT IS THE ACQUISITION OF KNOWLEDGE AND THE CREATION OF TECHNOLOGICAL CAPACITY FOR THE …
Persistent link: https://www.econbiz.de/10005556113