Human capital, the structure of production and growth

Antonio Ciccone and Elias Papaioannou

Economics Working Papers from Department of Economics and Business, Universitat Pompeu Fabra

Abstract: Do high levels of human capital foster economic growth by facilitating technology adoption? If so, countries with more human capital should have adopted more rapidly the skilled-labor augmenting technologies becoming available since the 1970’s. High human capital levels should therefore have translated into fast growth in more compared to less human-capital-intensive industries in the 1980’s. Theories of international specialization point to human capital accumulation as another important determinant of growth in human-capital-intensive industries. Using data for a large sample of countries, we find significant positive effects of human capital levels and human capital accumulation on output and employment growth in human-capital-intensive industries.

Keywords: Human Capital; Growth; Structure of Production (search for similar items in EconPapers)
JEL-codes: E13 F11 O11 (search for similar items in EconPapers)
Date: 2005-11
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (15)

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Related works:
Journal Article: Human Capital, the Structure of Production, and Growth (2009)
Working Paper: Human capital, the structure of production, and growth (2006)
Working Paper: Human Capital, the Structure of Production, and Growth (2005)
Working Paper: Human Capital, the Structure of Production, and Growth (2005)
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Persistent link: https://EconPapers.repec.org/RePEc:upf:upfgen:902

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