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Human capital and productivity

Angel de La Fuente ()

No 1103, Working Papers from BBVA Bank, Economic Research Department

Abstract: This paper surveys the empirical literature on human capital and productivity and summarizes the results of my own work on the subject. On balance, the available evidence suggests that investment in education has a positive, significant and sizable effect on productivity growth.According to my estimates, moreover, the social returns to investment in human capital are higher than those on physical capital in most EU countries and in many regions of Spain.

Keywords: human capital; productivity; growth; measurement error (search for similar items in EconPapers)
JEL-codes: C19 I20 O30 O40 (search for similar items in EconPapers)
Pages: 22 pages
Date: 2011-02
New Economics Papers: this item is included in nep-dev, nep-edu, nep-eff, nep-hrm and nep-lab
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Working Paper: Human capital and productivity (2011) Downloads
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