Growth and Human Capital: Good Data, Good Results

Daniel Cohen and Marcelo Soto

No 3025, CEPR Discussion Papers from Centre for Economic Policy Research

Abstract: This Paper presents a new set of data on human capital. It is constructed so as to stay as close as possible to the censuses compiled by national, OECD or UNESCO sources. We then use these data to test a model that embeds the Mincerian approach to human capital into the Mankiw, Romer and Weil version of the neo-classical model. We find that the model performs extremely well. Physical and human capital appears to carry social returns that are essentially identical to the private ones.

Keywords: Growth; Education; Human capital (search for similar items in EconPapers)
JEL-codes: O40 (search for similar items in EconPapers)
Date: 2001-10
References: Add references at CitEc
Citations: View citations in EconPapers (169)

Downloads: (external link)
https://cepr.org/publications/DP3025 (application/pdf)

Related works:
Journal Article: Growth and human capital: good data, good results (2007)
Working Paper: Growth and Human Capital: Good Data, Good Results (2001)
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:cpr:ceprdp:3025

Ordering information: This working paper can be ordered from
https://cepr.org/publications/DP3025

Access Statistics for this paper

More papers in CEPR Discussion Papers from Centre for Economic Policy Research 33 Great Sutton Street, London EC1V 0DX, UK.
Bibliographic data for series maintained by CEPR ().