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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
La protection juridique des méthodes commerciales liées à Internet est très controversée. Est-il opportun de protéger des biens immatériels ou des idées ? N'est-ce pas menacer durablement le développement de la "nouvelle économie" ? N'est-ce pas brider l'activité inventive et...
Persistent link: https://www.econbiz.de/10005407748
issue, we build a model in which the value of an innovation depends both on the type of innovation implemented (product …
Persistent link: https://www.econbiz.de/10005118819