On the Persistence of Human Capital Income and Patent Effects around 1900 on Per capita levels in the 1960’s

Joerg Baten and Kirsten Jaeger

Brussels Economic Review, 2009, vol. 52, issue 3/4, 289-304

Abstract: We assess the impact of schooling and important patents in 1900 and 1910 on national income in the 1960s. Even controlling for GDP per capita in 1910, we find that both the effects of schooling and important patents were always statistically and economically significant. Growth successes of the 20th century such as Japan or the Scandinavian countries were based on early human capital formation and their propensity to innovativeness.

Keywords: Patents; Inventions; Growth (search for similar items in EconPapers)
JEL-codes: N10 O15 O31 (search for similar items in EconPapers)
Date: 2009
Note: Numéro Spécial « Vers une nouvelle histoire économique des brevets ?» Editeurs :Claude Diebolt et Karine Pellier
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