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We estimate changes in the productivity of schooling for six East Asian countries. Our productivity measure is based on … should indicate declining relative schooling productivity. We find that the price of schooling increased by more than the … substantially, which suggests a constant quality of schooling output. Hence we conclude that schooling productivity has declined …
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Humankapital gilt gemeinhin als eine wesentliche Determinante von Wachstum und Entwicklung. Der empirischen Forschung fällt es derzeit allerdings nicht leicht, die quantitative Relevanz des Humankapitals für den gesamtwirtschaftlichen Entwicklungsprozess zu bestimmen. Neuere Studien bieten ein...
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A recent paper by Dollar and Kraay (2001) finds that higher primary educational attainment of the workforce does not increase the income of the poor except for its effect on average income. We test the robustness of their finding by using a broader measure of human capital that accounts for...
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