CAPITAL HUMANO E CRESCIMENTO: IMPACTOS DIRETOS E INDIRETOS

Luciano Nakabashi and Lízia Figueirêdo ()

Anais do XXXIII Encontro Nacional de Economia [Proceedings of the 33rd Brazilian Economics Meeting] from ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics]

Abstract: The objective of this study is to evaluate the different channels in which human capital affects income level and growth and to use a proxy of human capital variable that incorporates quantitative and qualitative aspects of this factor. The human capital proxy that will be used is years of schooling (h) times HDI (Human Development Index) and h times HDI squared. HDI utilization is to measure countries degree of development. The assumption is that the more developed a country is, the better is its system of human capital formation. The empirical analysis is based in a model that incorporates several channels in which human capital affects the rate of income per worker growth: 1) improving the marginal productivity of labor; 2) through creation of technology; and 3) diffusion of technology. The consideration of several channels in which human capital affects income is due to the complexity of the relationship between these two variables. Therefore, if we consider only some channels we can incur in model specification errors.

JEL-codes: C82 O11 O33 (search for similar items in EconPapers)
Date: 2005
New Economics Papers: this item is included in nep-hrm
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http://www.anpec.org.br/encontro2005/artigos/A05A059.pdf

Related works:
Working Paper: Capital humano e crescimento: impactos diretos e indiretos (2005)
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