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Recent studies conclude that human capital should be a high priority because it is a key growth input, particularly in … focusing on cross-country growth performance have produced opposing results. Several researchers argue that these conflicting … poor proxies of the stock of human capital is that in most empirical growth studies, the choice of the human capital proxy …
Persistent link: https://www.econbiz.de/10005059495
Despite the importance of human capital stock to the economic growth of countries, its analysis has been restricted to … in less developed countries, it has not been possible to assess the importance of this determinant for their growth and … human capital on the country’s economic growth. …
Persistent link: https://www.econbiz.de/10011071607
innovation, this paper empirically investigates whether the contribution of human capital to productivity growth depends on the …The role of human capital composition has been given importance in the most recent endogenous growth models. Assuming … importance of composition effects of human capital on growth in developing countries relative to their developed counterparts …
Persistent link: https://www.econbiz.de/10008492267
innovation and imitation. We develop a theoretical model showing that skilled labor has a higher growth-enhancing effect closer … level and subsequent growth in rich countries. In particular, we show that in OECD economies it is crucial to isolate the …
Persistent link: https://www.econbiz.de/10010292939
experience. -- Human capital indicators ; regional growth …
Persistent link: https://www.econbiz.de/10003793935
experience. -- Human capital indicators ; SOEP ; regional growth …
Persistent link: https://www.econbiz.de/10009729665
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/10012765316
The accumulation of the human capital stock plays a key role to explain the economic performance across regions. However, empirical evidence for this claim has been not very convincing, probably due to low quality of the data. This paper provides a robustness analysis of alternative human...
Persistent link: https://www.econbiz.de/10012608051
much better than the Barro and Lee (1996) or Nehru et al. (1995) series in a number of growth specifications. We interpret … the (lack of) relationship between educational investment and growth. Using our preferred empirical specification, we also … show that the contribution of TFP to cross-country productivity differentials is substantial and that its importance …
Persistent link: https://www.econbiz.de/10012445997
We provide robust and compelling evidence of the marked impact of tertiary education on the economic growth of less … developed countries and of its the relatively smaller impact on the growth of developed ones. Our results argue in favor of the …
Persistent link: https://www.econbiz.de/10009319367