Human capital and development accounting: New evidence from wage gains at migration

Lutz Hendricks and Todd Schoellman

No 557, CFS Working Paper Series from Center for Financial Studies (CFS)

Abstract: We reconsider the role for human capital in accounting for cross-country income differences. Our contribution is to bring to bear new data on the pre- and post- migration labor market experiences of immigrants to the U.S. Immigrants from poor countries experience wage gains that are only 40 percent of the GDP per worker gap, which implies that "country" accounts for 40 percent of income differences, while human capital accounts for 60 percent. Our approach handles selection by comparing the wage of the same individual in two different countries. We also provide evidence on and a correction for skill transfer.

JEL-codes: J31 O11 (search for similar items in EconPapers)
Date: 2016
New Economics Papers: this item is included in nep-hrm and nep-mig
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

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https://www.econstor.eu/bitstream/10419/147988/1/872455505.pdf (application/pdf)

Related works:
Journal Article: Human Capital and Development Accounting: New Evidence from Wage Gains at Migration (2018)
Working Paper: Human Capital and Development Accounting: New Evidence from Wage Gains at Migration (2017)
Working Paper: Human Capital and Development Accounting: New Evidence from Wage Gains at Migration (2016)
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:cfswop:557

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