Certified and uncertified skills and productivity growth performance: Cross-country evidence at industry level
Geoff Mason,
Brigid O'Leary and
Michela Vecchi
Labour Economics, 2012, vol. 19, issue 3, 351-360
Abstract:
We analyse the relationship between human capital and productivity growth using a five-country multi-industry dataset together with a measure of human capital which accounts for both certified skills (educational qualifications) and uncertified skills acquired through on-the-job training and experience. We find evidence of positive human capital effects on growth in average labour productivity, particularly when using our composite human capital measure. We also find some tentative evidence that multi-factor productivity (MFP) growth is positively related to the use of high-skilled labour. However, externalities of this kind are largely confined to industries which make intensive use of university graduates.
Keywords: Human capital; Productivity; Catching-up; Spillovers (search for similar items in EconPapers)
JEL-codes: C23 J24 O47 (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (15)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:labeco:v:19:y:2012:i:3:p:351-360
DOI: 10.1016/j.labeco.2012.03.003
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