Methods to Estimate Human Capital Stock: a Comparative Analysis

The paper identifies three general approaches to human capital measurement: (i)using proxies for educational variables, (ii)income-based and (iii) cost-based methods and presents a critical review of them. The measurement of human capital stock is important for assessing its impact on economic growth and for external effects generated by the production of human capital.

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Year of publication:	2012
Authors:	Olimpia, Neagu
Published in:	Ovidius University Annals, Economic Sciences Series. - Facultatea de Ştiinţe Economice, ISSN 1582-9383. - Vol. XII.2012, 1, p. 615-620
Publisher:	Facultatea de Ştiinţe Economice
Subject:	human capital \| economic growth

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Extent:	application/pdf
Type of publication:	Article
Classification:	J - Labor and Demographic Economics ; O - Economic Development, Technological Change, and Growth
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010632262