The Role of Human Capital in Economic Growth: The Case of Spain
This study constructs an index of human capital for the Spanish labor force over the past two decades and projects it over the next decade on the basis of likely demographic developments. The methodology considers both educational attainment resulting from formal schooling and improvements in worker...
Gespeichert in:
| 1. Verfasser: | |
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C
International Monetary Fund
2000
|
| Schriftenreihe: | IMF Working Papers
Working Paper No. 00/8 |
| Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 URL des Erstveröffentlichers |
| Zusammenfassung: | This study constructs an index of human capital for the Spanish labor force over the past two decades and projects it over the next decade on the basis of likely demographic developments. The methodology considers both educational attainment resulting from formal schooling and improvements in workers' productivity resulting from experience, or "learning by doing." Furthermore, it allows for the fact that people with higher education accumulate human capital through learning by doing at a faster pace than less educated workers or, in other words, that the full returns to formal schooling are realized with a lag of many years. Using this index, a growth accounting exercise is conducted to estimate the impact of human capital accumulation on economic growth over the past two decades. Finally, potential output growth is projected over the next few years, taking into account the impact of human capital accumulation |
| Beschreibung: | 1 Online-Ressource (27 p) |
| ISBN: | 1451842503 9781451842500 |
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| index_date | 2024-07-03T20:13:22Z |
| indexdate | 2024-07-10T09:35:30Z |
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| spelling | Mauro, Paolo Verfasser aut The Role of Human Capital in Economic Growth The Case of Spain Mauro, Paolo Washington, D.C International Monetary Fund 2000 1 Online-Ressource (27 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 00/8 This study constructs an index of human capital for the Spanish labor force over the past two decades and projects it over the next decade on the basis of likely demographic developments. The methodology considers both educational attainment resulting from formal schooling and improvements in workers' productivity resulting from experience, or "learning by doing." Furthermore, it allows for the fact that people with higher education accumulate human capital through learning by doing at a faster pace than less educated workers or, in other words, that the full returns to formal schooling are realized with a lag of many years. Using this index, a growth accounting exercise is conducted to estimate the impact of human capital accumulation on economic growth over the past two decades. Finally, potential output growth is projected over the next few years, taking into account the impact of human capital accumulation Online-Ausg Fernandez, Enric Sonstige oth http://elibrary.imf.org/view/IMF001/07271-9781451842500/07271-9781451842500/07271-9781451842500.xml Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Mauro, Paolo The Role of Human Capital in Economic Growth The Case of Spain |
| title | The Role of Human Capital in Economic Growth The Case of Spain |
| title_auth | The Role of Human Capital in Economic Growth The Case of Spain |
| title_exact_search | The Role of Human Capital in Economic Growth The Case of Spain |
| title_exact_search_txtP | The Role of Human Capital in Economic Growth The Case of Spain |
| title_full | The Role of Human Capital in Economic Growth The Case of Spain Mauro, Paolo |
| title_fullStr | The Role of Human Capital in Economic Growth The Case of Spain Mauro, Paolo |
| title_full_unstemmed | The Role of Human Capital in Economic Growth The Case of Spain Mauro, Paolo |
| title_short | The Role of Human Capital in Economic Growth |
| title_sort | the role of human capital in economic growth the case of spain |
| title_sub | The Case of Spain |
| url | http://elibrary.imf.org/view/IMF001/07271-9781451842500/07271-9781451842500/07271-9781451842500.xml |
| work_keys_str_mv | AT mauropaolo theroleofhumancapitalineconomicgrowththecaseofspain AT fernandezenric theroleofhumancapitalineconomicgrowththecaseofspain |