Empirical Studies on Human Capital and Economic Growth
Empirical Studies on Human Capital and Economic Growth
This chapter examines empirical studies on the link between human capital and economic growth. It focuses on studies that use statistical data from a cross section of countries and employ econometric estimation techniques. The empirical literature on the human capital-growth nexus is differentiated by the specification of the estimating equation, the way human capital is defined, the time frame considered, and the countries included in the sample. This chapter discusses the estimates obtained from the parametric framework that characterize the linear approach. The third section examines cross-country growth regressions and human capital. The fourth section looks at cross-country growth accounting. The fifth section explores additional considerations on human capital and economic growth. The sixth section reviews threshold effects from an empirical perspective.
Keywords: econometric estimation, linear estimation, cross-country growth regressions, threshold effects
Stanford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.
Please, subscribe or login to access full text content.
If you think you should have access to this title, please contact your librarian.
To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us.
