Education and Productivity: Some New Evidence and Implications for Chile
Francisco Gallego and
Harald Beyer
No 16, Working Papers ClioLab from EH Clio Lab. Instituto de Economía. Pontificia Universidad Católica de Chile
Abstract:
We present new empirical evidence that the effects of human capital quality become more important as countries get closer to the World technology frontier. This finding has obvious implications for a country that is getting closer to the frontier, as Chile in the last 20 years. We also suggest several areas of policy reforms that can increase human capital quality, such as institutional reforms to simplify regulations and align different policy instruments; the development of institutions and policies to increase the quantity and quality of the provision of early childhood development and improve the coordination with primary education; reforms affecting the workings of markets that are key for educational production; and reforms aiming at linking in a better way the education sector with labor markets.
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:ioe:clabwp:16
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