Human capital and productivity

This paper surveys the empirical literature on human capital and productivity and summarizes the results of my own work on the subject. On balance, the available evidence suggests that investment in education has a positive, significant and sizable effect on productivity growth.According to my estimates, moreover, the social returns to investment in human capital are higher than those on physical capital in most EU countries and in many regions of Spain.

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Year of publication:	2011-02
Authors:	De la Fuente, Angel
Institutions:	BBVA Research, Grupo BBVA
Subject:	human capital \| productivity \| growth \| measurement error

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Extent:	application/pdf
Series:	Working Papers.
Type of publication:	Book / Working Paper
Notes:	Number 1103 22 pages
Classification:	O40 - Economic Growth and Aggregate Productivity. General ; I20 - Education. General ; O30 - Technological Change; Research and Development. General ; C19 - Econometric and Statistical Methods: General. Other
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008873226