EconPapers    
Economics at your fingertips  
 

Human capital, institutional quality and industrial upgrading: global insights from industrial data

Yixiao Zhou ()
Additional contact information
Yixiao Zhou: Curtin University

Economic Change and Restructuring, 2018, vol. 51, issue 1, 1-27

Abstract: Abstract The tendency for human capital to accumulate and for institutional quality to improve as countries develop is well documented. This paper investigates the association of these changes with the evolution of industrial structure toward greater manufacturing sophistication. The empirical analysis is based on a newly constructed panel dataset for 15 industrial categories in 92 countries over the period 1970–2010. The results suggest that the extent to which increased tertiary human capital promotes industrial upgrading is contingent on the level of institutional quality, as measured by an index over size of government, legal structure, access to sound money, freedom to trade and market regulations. Institutional quality is found to be complementary to tertiary human capital in promoting the relative growth of advanced manufacturing.

Keywords: Industrial upgrading; Human capital; Institutional quality; Cross-country panel data (search for similar items in EconPapers)
JEL-codes: O14 O15 O43 (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://link.springer.com/10.1007/s10644-016-9194-x Abstract (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:kap:ecopln:v:51:y:2018:i:1:d:10.1007_s10644-016-9194-x

Ordering information: This journal article can be ordered from
http://www.springer. ... nt/journal/10644/PS2

Access Statistics for this article

Economic Change and Restructuring is currently edited by George Hondroyiannis

More articles in Economic Change and Restructuring from Springer
Bibliographic data for series maintained by Sonal Shukla ().

 
Page updated 2019-11-06
Handle: RePEc:kap:ecopln:v:51:y:2018:i:1:d:10.1007_s10644-016-9194-x