Good health conditions and high quality education are crucial for children development and for their future contribution to the society. Human capital has been recognized as one of the crucial engines of economic growth. Nonetheless, it is often hard to establish a metric that allows to monitor...

Good health conditions and high quality education are crucial for children development and for their future contribution to the society. Human capital has been recognized as one of the crucial engines of economic growth. Nonetheless, it is often hard to establish a metric that allows to monitor...

This paper proposes a new index of sectoral labor distortion using employment and valueaddedshares. We show that this index is highly correlated with growth both crosssectionallyand over time. We also use it to compare the degree of distortion amongcountries and identify sectors where the...

Besides to the usual Productivity indexes derived from the Labour (value-added) productivity ratio, public statistical bodies pay also some attention, to a lesser extent, to ‘multi-factor productivity’ (mfp) indexes at sector and country level, which are based in the TFP approach. The label...

In empirical economic analysis efficiency measurement traditionally at the macro and micro level is based on a production model using profit maximization or cost minimization for a single representative entrepreneur as its foundation. Common indicators are ratios of an output-indicator and...

It has been shown that country-level IQ and aggregated performance by school-age children on international assessment tests in math and science are by-in-large capturing analogous indicators of the cognitive human capital. We expand that analysis by comparing country-level IQ to the World...