Educational attainment as a proxy for human capital in models of growth and development: a critical survey
Gespeichert in:
1. Verfasser: | |
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Format: | Buch |
Sprache: | English |
Veröffentlicht: |
2000
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Schlagworte: | |
Online-Zugang: | Inhaltsverzeichnis |
Beschreibung: | Zugl.: St. Gallen, Univ., Diss., 2000 |
Beschreibung: | VI, 176 S. graph. Darst. |
Internformat
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adam_text | Table of Contents
Chapter 1: Learning from Educational Attainment 1
1.1 The Objective 3
1.2 Central Concepts 3
1.3 Methodology and Outline 4
1.4 Findings 5
Chapter 2: Human Capital In Theories of Growth
and Development 7
2.1 The Evolution of Modern Growth Theory and Human
Capital Theory 7
2.1.1 The Origins of Modern Growth Theory 8
2.1.2 The Theory of Human Capital 12
2.1.3 Crystallizing Human Capital s Role in Models
of Growth and Development 15
2.2 A Macro Mincer Model 17
2.3 Human Capital in Neoclassical Models of Growth 21
2.3.1 The Human Capital Augmented Solow Model 22
2.3.2 The Human Capital Augmented Neoclassical Model
With Endogenous Saving 26
2.3.3 Convergence, Capital Mobility and Human Capital
in the Neoclassical Model 30
2.4 Human Capital in Models of Endogenous Growth 33
2.4.1 Endogenous Growth With External Non Decreasing Returns 33
2.4.1.1 The AK Model 33
2.4.1.2 Individual Human Capital Accumulation:
The Lucas (1988) model 37
2.4.1.3 Firms Learning By Doing: Knowledge Spillovers
From Investment 40
2.4.2 Deliberate Technological Progress 43
2.4.2.1 R D and the Evolution of the Global Frontier of Knowledge 44
2.4.2.2 The Adoption of Technology 48
ii
2.5 Human Capital in Models of Economic Development 52
2.5.1 The Big Push 52
2.5.2 Threshold Externalities 55
2.6 Conclusions About the Concept of Human Capital
in Models of Growth and Development 58
Chapter 3: Empirics of Aggregate Income,
Growth and Education 61
3.1 Benchmarks on Education and Growth 61
3.1.1 MRW s (1992) and Barro s (1997) Estimation Equations 62
3.1.2 Data Sources and Estimation Procedures for MRW
and Barro( 1997) 65
3.1.3 Results from MRW and Barro (1997) 66
3.1.4 Uncovering Education Income Relationships 69
3.2 Education in Development and Growth Accounting 71
3.2.1 Education in Development Accounting 71
3.2.2 Education Variables: Stocks or Flows of Human Capital? 73
3.2.3 Education in Growth Accounting 77
3.2.3.1 The Growth Accounting Methodology 78
3.2.3.2 Growth Accounting Regressions and the Education Puzzle 80
3.3 Education in Growth Regressions I: Improving MRW 82
3.3.1 Transition: From Initial Points toEndpoints 82
3.3.2 MRW s Universal, Unobservable Technology 83
3.3.3 A Further Augmentation of the Solow Model... 84
3.3.4 Panel Data Estimation 86
3.3.5 Multiple Regimes 91
3.4 Education in Growth Regressions II: Beyond MRW 95
3.4.1 Education as Determinant of Technology Growth: Innovation
and Catching Up 96
3.4.2 Technology Catch Up in a Mincer Based Production Function 99
3.4.3 Ad Hoc Regressions and the Female Education Puzzle 102
3.4.3.1 Indirect Education Effects in Barro s Growth Regression 103
3.4.3.2 The Female Education Puzzle 106
3.4.3.3 The Limits of Open Ended Alternative Models 108
3.5 Conclusions About Education in Growth and
Development Empirics 109
iii
Chapter 4: Educational Attainment as a Proxy for
Human Capital 113
4.1 The Change in Educational Attainment from 1960 to 1990 114
4.1.1 Average Attainments in 1960 and in 1990 114
4.1.2 Convergence, Non Linearity and Upper Bounds in Education 117
4.2 The Quality of Education Data 122
4.2.1 The Barro and Lee Education Data: Sources and Construction 122
4.2.2 Data Problems 126
4.2.2.1 Step One: Problems in Raw Data 126
4.2.2.2 Step Two: Problems From Filling Cells Based on
Completion Rates 129
4.2.2.3 Step Three: Problems From Accounting For
Differences in Duration 131
4.3 The Quality of Schooling and the Valuation of
Human Capital Stocks 134
4.3.1 Broad Access to Schooling Versus a High Quality of Education 135
4.3.2 The Effect of School Quality on Educational Attainment 136
4.3.3 Valuing Human Capital Stocks 139
4.3.3.1 Human Capital Stocks Based on the Cost of Education 140
4.3.3.2 Human Capital Stocks Based on Returns to Education 141
4.4 The Interdependence of Education and Technology 143
4.4.1 Learning in Stationary Production Processes 144
4.4.2 Education and Learning in a Stationary World 147
4.4.3 Education and Learning in Light of Technological Change 149
4.4.4 Technology and Education 151
4.5 Conclusions About Educational Attainment s Ability
to Proxy Human Capital 154
Chapter 5: Summary and Conclusions for Future Research 157
Bibliography 161
|
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spelling | Pohlenz, Friederike Louise Verfasser aut Educational attainment as a proxy for human capital in models of growth and development a critical survey Friederike Louise Pohlenz 2000 VI, 176 S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier Zugl.: St. Gallen, Univ., Diss., 2000 Schulbildung (DE-588)4180099-0 gnd rswk-swf Ausbildung (DE-588)4112628-2 gnd rswk-swf Wirtschaftswachstum (DE-588)4066527-6 gnd rswk-swf Humankapital (DE-588)4160783-1 gnd rswk-swf (DE-588)4113937-9 Hochschulschrift gnd-content Schulbildung (DE-588)4180099-0 s Ausbildung (DE-588)4112628-2 s Humankapital (DE-588)4160783-1 s Wirtschaftswachstum (DE-588)4066527-6 s DE-604 HBZ Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=009160170&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
spellingShingle | Pohlenz, Friederike Louise Educational attainment as a proxy for human capital in models of growth and development a critical survey Schulbildung (DE-588)4180099-0 gnd Ausbildung (DE-588)4112628-2 gnd Wirtschaftswachstum (DE-588)4066527-6 gnd Humankapital (DE-588)4160783-1 gnd |
subject_GND | (DE-588)4180099-0 (DE-588)4112628-2 (DE-588)4066527-6 (DE-588)4160783-1 (DE-588)4113937-9 |
title | Educational attainment as a proxy for human capital in models of growth and development a critical survey |
title_auth | Educational attainment as a proxy for human capital in models of growth and development a critical survey |
title_exact_search | Educational attainment as a proxy for human capital in models of growth and development a critical survey |
title_full | Educational attainment as a proxy for human capital in models of growth and development a critical survey Friederike Louise Pohlenz |
title_fullStr | Educational attainment as a proxy for human capital in models of growth and development a critical survey Friederike Louise Pohlenz |
title_full_unstemmed | Educational attainment as a proxy for human capital in models of growth and development a critical survey Friederike Louise Pohlenz |
title_short | Educational attainment as a proxy for human capital in models of growth and development |
title_sort | educational attainment as a proxy for human capital in models of growth and development a critical survey |
title_sub | a critical survey |
topic | Schulbildung (DE-588)4180099-0 gnd Ausbildung (DE-588)4112628-2 gnd Wirtschaftswachstum (DE-588)4066527-6 gnd Humankapital (DE-588)4160783-1 gnd |
topic_facet | Schulbildung Ausbildung Wirtschaftswachstum Humankapital Hochschulschrift |
url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=009160170&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
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