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An innovation index based on knowledge capital investment: definition and results for the UK market sector

Clayton, Tony; Dal Borgo, Mariela; Haskel, Jonathan - 2009

We (a) propose an implementable innovation index, (b) relate it to existing innovation definitions and (c) show whole …-economy and industry-specific results for the UK market sector, 2000-2005. Our innovation measure starts by observing that we … could get more GDP without innovation by simply duplicating existing physical capital and labour (e.g. adding a second …

Persistent link: https://www.econbiz.de/10010271890

Regional measures of human capital in the European Union

Dreger, Christian; Erber, Georg; Glocker, Daniela - 2009

The accumulation of the human capital stock plays a key role to explain the macroeconomic performance across regions. However, despite the strong theoretical support for this claim, empirical evidence has been not very convincing, probably because of the low quality of the data. This paper...

Persistent link: https://www.econbiz.de/10010291780

Measuring Investment in Human Capital Formation: An Experimental Analysis of Early Life Outcomes

Doyle, Orla; Harmon, Colm P.; Heckman, James J.; Logue, … - 2013

The literature on skill formation and human capital development clearly demonstrates that early investment in children is an equitable and efficient policy with large returns in adulthood. Yet little is known about the mechanisms involved in producing these long-term effects. This paper presents...

Persistent link: https://www.econbiz.de/10010328970

Fostering and Measuring Skills: Interventions That Improve Character and Cognition

Heckman, James J.; Kautz, Tim - 2013

This paper reviews the recent literature on measuring and boosting cognitive and noncognitive skills. The literature establishes that achievement tests do not adequately capture character skills - personality traits, goals, motivations, and preferences that are valued in the labor market, in...

Persistent link: https://www.econbiz.de/10010329163

Downward Nominal Wage Flexibility : Real or Measurement Error?

Gottschalk, Peter - 2004

This paper presents a new method to correct for measurement error in wage data and applies this method to address an … a cut in nominal wages is substantially overstated in data that is not corrected for measurement error. …

Persistent link: https://www.econbiz.de/10010262069

Defining Unemployment in Developing Countries: Evidence from Trinidad and Tobago

Strobl, Eric; Byrne, David - 2003

The International Labour Organisation (ILO) argues for relaxing the standard definition of unemployment in developing countries by eliminating the requirement that a person be actively searching for a job. We examine whether such an extension of the standard definition is appropriate in the case...

Persistent link: https://www.econbiz.de/10010262238

Measuring Organizational Capital in the New Economy

Black, Sandra E.; Lynch, Lisa M. - 2005

detail how organizational capital has been measured and the measurement issues that face those trying to understand the …

Persistent link: https://www.econbiz.de/10010262635

Using efficiency analysis to measure individual well-being with an illustration for Catalonia

Ramos, Xavi - 2005

This paper shows how distance functions, a tool typically employed in production economics to measure the distance between a set of inputs and a set of outputs, can be employed to approximate a composite measure encompassing the many dimensions of well-being. It also illustrates how to implement...

Persistent link: https://www.econbiz.de/10010267478

Measurement of globalization and its variations among countries, regions and over time

Bhandari, Amit K.; Heshmati, Almas - 2005

technological innovation also provides impetus to the progressive integration of the nations. The elements of globalization include …

Persistent link: https://www.econbiz.de/10010267513

Principles and practicalities for measuring child poverty in the rich countries

Corak, Miles - 2005

This paper has three objectives. The first is to discuss the major issues involved in defining and measuring child poverty. The choices that must be made are clarified, and a set of six principles to serve as a guide for public policy are stated. The second objective is to take stock of child...

Persistent link: https://www.econbiz.de/10010267535

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