The Impact of the War on Human Capital and Productivity in Ukraine

Balázs Égert, Christine de la Maisonneuve and Balazs Egert
Authors registered in the RePEc Author Service: Balázs Égert

No 10513, CESifo Working Paper Series from CESifo

Abstract: In addition to the humanitarian suffering and huge immediate economic costs, the war in Ukraine will have long-term consequences, among which are losses in human capital that will impact aggregate productivity for many years. Exploiting a new stock measure of human capital combining the quality and quantity of education and adult skills, this paper suggests that losses in long-run aggregate productivity operating through the human capital channel could be at about 7% if the war lasts two years. These adverse effects come from school closure and the resulting decline in student learning outcomes and losses in workers’ skills, which, without remedial policy action, could persist for decades.

Keywords: human capital; productivity; educational achievement; student test score; adult test score; Ukraine (search for similar items in EconPapers)
JEL-codes: E24 I19 I20 I25 I26 I28 (search for similar items in EconPapers)
Date: 2023
New Economics Papers: this item is included in nep-cis and nep-edu
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Related works:
Journal Article: The impact of the war on human capital and productivity in Ukraine (2024)
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Persistent link: https://EconPapers.repec.org/RePEc:ces:ceswps:_10513

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