Unlike previous analysis, we consider (i) possible externalities in the use of IT and (ii) IT and human capital … small or negative growth effects found in early studies of the effects of IT on productivity growth, as well as the positive … that human capital developments made the average effect of IT essentially zero in 1986 and steadily increasing thereafter …

While human capital is a strong predictor of economic development today, its importance for the Industrial Revolution … has typically been assessed as minor. To resolve this puzzling contrast, we differentiate average human capital (literacy … firm survey from the 1840s, we shed light on the mechanism: upper-tail knowledge raised productivity in innovative …

This paper explores the evolution of child labor, fertility, and human capital in the process of development. In early …

transferred from humans to physical capital. The model makes it possible to derive the economic growth implications of different …

This paper explores the evolution of child labor, fertility, and human capital in the process of development. In early …

Stylised evidence on trade, total factor productivity (TFP) and skill intensity of the labour force is presented …