ESTIMATION OF HUMAN CAPITAL STOCK IN THE EUROPEAN COUNTRIES

Olimpia Neagu

Revista Economica, 2012, vol. Supplement, issue 1, 541-548

Abstract: The aim of the paper is to compare different methods for estimations of human capital stock and to estimate the human capital stock in the european countries using the retrospective method, based on public expenditures per education level and number of employed population with a certain education level. An extreme polarization of human capital stock across the european countries was found and an ascending trend of the human capital growth was identified. The positive and increasing growth rates of the human capital stock per workers in all european countries are suggesting an increasing demand for education in these countries, during 1996-2008.

Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:blg:reveco:v:supplement:y:2012:i:1:p:541-548

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