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Human Capital and Economic Growth in Spain, 1850-2000

Leandro Prados de la Escosura () and Joan Rosés

IFCS - Working Papers in Economic History.WH from Universidad Carlos III de Madrid. Instituto Figuerola

Abstract: We investigate human capital accumulation in Spain using alternative approaches based on the concept of ‘labor quality’ and on the idea of education. We, then, assess the effect of human capital accumulation on labor productivity growth and discuss the implications of the different measures for TFP growth. While long-run trends in human capital are similar with either measure, the skill premium approach fits better Spanish historical experience. Human capital provided a positive albeit small contribution to labor productivity growth facilitating technological innovation. Broad capital accumulation and efficiency gains appear complementary in Spain’s long-term growth

Keywords: Human; Capital; Growth; Labor; Productivity; Total; Factor (search for similar items in EconPapers)
JEL-codes: E24 J24 N33 N34 O47 (search for similar items in EconPapers)
Date: 2009-08
New Economics Papers: this item is included in nep-eff, nep-fdg, nep-his, nep-hrm, nep-lab and nep-mac
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

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Journal Article: Human capital and economic growth in Spain, 1850-2000 (2010) Downloads
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