Measuring human capital

Noam Angrist, Simeon Djankov, Pinelopi Goldberg and Harry Patrinos

LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library

Abstract: Students around the world are going to school but are not learning - an emerging gap in human capital formation. To understand this gap, we introduce a new dataset measuring learning in 164 countries and territories. The data covers 98 percent of the world's population from 2000 to 2017. The dataset will be publicly available and updated annually by the World Bank. We present several stylized facts in a first application of the data: (a) while enrollment has increased worldwide, learning has stagnated (b) girls outperform boys on learning - a positive gender gap - in contrast to a negative gender gap observed for schooling (c) learning is associated with growth on a global scale (d) associations with growth are heterogenous (e) human capital accounts for up to a third of cross-country income differences - a middle ground in the recent development accounting literature. These stylized facts demonstrate the potential of our data to reveal new insight into the relationship between human capital and economic development.

JEL-codes: H40 H52 I20 J24 O15 O40 P50 (search for similar items in EconPapers)
Pages: 44 pages
Date: 2019-02-01
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

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http://eprints.lse.ac.uk/118907/ Open access version. (application/pdf)

Related works:
Working Paper: Measuring Human Capital (2019)
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Persistent link: https://EconPapers.repec.org/RePEc:ehl:lserod:118907

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