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Human capital and the economic convergence mechanism : evidence from China

Zhang, Xiaboei; Li, Haizheng; Wang, Xiaojun; Fleisher, … - 2019

We examine the mechanism by which human capital affects economic growth and convergence, using provincial level panel data from China. We specify alternative measures of human capital and apply them to an enhanced growth model which we estimate parametrically, nonparametrically, and with a...

Persistent link: https://www.econbiz.de/10011993244

Money counts, but so does timing : public investment and adult competencies

Cathles, Alison; Ritzen, Jozef M. M. - 2017

Numeracy skills of adults within and across 12 different countries in 2011 are strongly associated with the accumulated public investments in education received by these adults during their schooling. This paper confirms existing evidence that the timing of educational investments is important,...

Persistent link: https://www.econbiz.de/10011613140

Immigration and economic growth in the OECD countries, 1986 - 2006

Boubtane, Ekrame; Dumont, Jean-Christophe; Rault, Christophe - 2014

This paper offers a reappraisal of the impact of migration on economic growth for 22 OECD countries between 1986-2006 and relies on a unique data set we compiled that allows us to distinguish net migration of the native-born and foreign-born by skill level. Specifically, after introducing...

Persistent link: https://www.econbiz.de/10010442327

The accumulation of human and market capital in the United States: the long view, 1948-2013

Fraumeni, Barbara M.; Christian, Michael S.; Samuels, Jon D. - 2020

Over the 1948-2013 period, many factors significantly impacted on human capital, which in turn affected economic growth in the United States. This chapter analyzes these factors within a complete national income accounting system which integrates Jorgenson-Fraumeni human capital into the...

Persistent link: https://www.econbiz.de/10012213777

Was higher education a major channel through which the US became an economic superpower in the 20th century?

Cook, Adam; Ehrlich, Isaac - 2018

This paper offers a thesis for why the US overtook the UK and other European countries in the 20th century in both aggregate and per capita GDP as a case study of recent models of endogenous growth, where "human capital" is the engine of growth. By human capital we mean an intangible asset, best...

Persistent link: https://www.econbiz.de/10011881092

The role of entrepreneurial human capital as a driver of endogenous economic growth

Ehrlich, Isaac; Li, Dunli; Liu, Zhiqiang - 2017

We model investment in entrepreneurial human capital (EHC) - the representative enterprise's share of production capacity allocated to investment in innovative industrial and commercial knowledge - as a distinct channel through which firm-specific human capital drives endogenous growth. Our...

Persistent link: https://www.econbiz.de/10011734505

Fertility changes in Latin America in the context of economic uncertainty

Adserà, Alícia; Menendez, Alicia - 2009

We explore the relation between fertility and the business cycle in Latin American countries taking advantage of the … existing cross-country and within-country differences in both fertility and macroeconomic conditions. First, we use a panel of … 18 nations for over 45 years to study how different labor market and economic shocks may have affected fertility. Second …

Persistent link: https://www.econbiz.de/10003811055

The long-run effects of mortality decline in developing countries

Lehmijoki, Ulla; Palokangas, Tapio K. - 2011

decline on demographic and economic growth by a family-optimization model, in which fertility is endogenous and wealth yields … population growth, but the desire of status hampers fertility and prevents capital-diluting demographic expansion. If status …

Persistent link: https://www.econbiz.de/10009124149

Human capital, mortality and fertility : a unified theory of the economic and demographic transition

Cervellati, Matteo (contributor); Sunde, Uwe (contributor) - 2007

composition of the population, and the associated fertility differential is crucial for understanding the economic and the … demographic transition. In the model, heterogeneous individuals make optimal decisions about fertility, education of their …, and education and fertility decisions delivers a phase transition that replicates stylized facts that previously have been …

Persistent link: https://www.econbiz.de/10003591495

Population aging and economic growth : from demographic dividend to demographic drag?

Kotschy, Rainer; Bloom, David E. - 2023

This paper examines the extent to which changes in working-age shares associated with population aging might slow economic growth in upcoming years. We first analyze the economic effects of changing working-age shares in a standard empirical growth model using country panel data from...

Persistent link: https://www.econbiz.de/10014326800