Human Capital in Economic Growth: A Review of Theory and Empirics

Ralitsa Simeonova-Ganeva
Authors registered in the RePEc Author Service: Ралица Симеонова-Ганева

Economic Thought journal, 2010, issue 7, 131-149

Abstract: Human capital has been considered as a factor in the macroeconomic production function for the first time in the seminal work of Lucas (1988). Later on, it was also used as a regressor in the empirical analysis of Mankiw, Romer and Weil (1990). Over the past twenty years, economists have explored the relationship between economic growth and human capital in numerous theoretical and empirical studies. The current paper attempts to review and generalize the developments of the theoretical and empirical models during this period as well as to summarize

JEL-codes: E24 J24 N30 O11 O49 (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:bas:econth:y:2010:i:7:p:131-149

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