Growth and Human Capital: Good Data, Good Results
This paper presents a new data set on human capital. It is based upon data released at the OECD for a subgroup of 38 member and non-member countries, and an effort performed at the Development Centre to expand this data set to other developing countries. The key to our methodology is to minimise the...
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2001
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| Schriftenreihe: | OECD Development Centre Working Papers
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| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | This paper presents a new data set on human capital. It is based upon data released at the OECD for a subgroup of 38 member and non-member countries, and an effort performed at the Development Centre to expand this data set to other developing countries. The key to our methodology is to minimise the extrapolations and keep the data as close as possible to those directly available from national censuses (in the spirit of the work of De la Fuente and Doménech for OECD countries). We then use this new data set to test a neo-classical model in which human capital follows the Log-Linear formulation which is favoured by Mincerian approaches. We find both in levels and in first difference that the model performs extremely well. No externalities seem to manifest themselves, either on physical or on human capital accumulation. Total factor productivity (output net of the contribution of human and physical capital), however, do appear to be smaller, by about 45 per cent in average, in the ... |
| Beschreibung: | 1 Online-Ressource (41 Seiten) 21 x 29.7cm |
| DOI: | 10.1787/725160520154 |
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| 520 | |a This paper presents a new data set on human capital. It is based upon data released at the OECD for a subgroup of 38 member and non-member countries, and an effort performed at the Development Centre to expand this data set to other developing countries. The key to our methodology is to minimise the extrapolations and keep the data as close as possible to those directly available from national censuses (in the spirit of the work of De la Fuente and Doménech for OECD countries). We then use this new data set to test a neo-classical model in which human capital follows the Log-Linear formulation which is favoured by Mincerian approaches. We find both in levels and in first difference that the model performs extremely well. No externalities seem to manifest themselves, either on physical or on human capital accumulation. Total factor productivity (output net of the contribution of human and physical capital), however, do appear to be smaller, by about 45 per cent in average, in the ... | ||
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| spelling | Cohen, Daniel Verfasser aut Growth and Human Capital Good Data, Good Results Daniel Cohen and Marcelo Soto Paris OECD Publishing 2001 1 Online-Ressource (41 Seiten) 21 x 29.7cm txt rdacontent c rdamedia cr rdacarrier OECD Development Centre Working Papers This paper presents a new data set on human capital. It is based upon data released at the OECD for a subgroup of 38 member and non-member countries, and an effort performed at the Development Centre to expand this data set to other developing countries. The key to our methodology is to minimise the extrapolations and keep the data as close as possible to those directly available from national censuses (in the spirit of the work of De la Fuente and Doménech for OECD countries). We then use this new data set to test a neo-classical model in which human capital follows the Log-Linear formulation which is favoured by Mincerian approaches. We find both in levels and in first difference that the model performs extremely well. No externalities seem to manifest themselves, either on physical or on human capital accumulation. Total factor productivity (output net of the contribution of human and physical capital), however, do appear to be smaller, by about 45 per cent in average, in the ... Development Soto, Marcelo ctb https://doi.org/10.1787/725160520154 Verlag kostenfrei Volltext |
| spellingShingle | Cohen, Daniel Growth and Human Capital Good Data, Good Results Development |
| title | Growth and Human Capital Good Data, Good Results |
| title_auth | Growth and Human Capital Good Data, Good Results |
| title_exact_search | Growth and Human Capital Good Data, Good Results |
| title_exact_search_txtP | Growth and Human Capital Good Data, Good Results |
| title_full | Growth and Human Capital Good Data, Good Results Daniel Cohen and Marcelo Soto |
| title_fullStr | Growth and Human Capital Good Data, Good Results Daniel Cohen and Marcelo Soto |
| title_full_unstemmed | Growth and Human Capital Good Data, Good Results Daniel Cohen and Marcelo Soto |
| title_short | Growth and Human Capital |
| title_sort | growth and human capital good data good results |
| title_sub | Good Data, Good Results |
| topic | Development |
| topic_facet | Development |
| url | https://doi.org/10.1787/725160520154 |
| work_keys_str_mv | AT cohendaniel growthandhumancapitalgooddatagoodresults AT sotomarcelo growthandhumancapitalgooddatagoodresults |