nep-edu New Economics Papers
on Education
Issue of 2005‒08‒03
one paper chosen by
Joao Carlos Correia Leitao
Universidade da Beira Interior

  1. Capital humano: uma nova proxy para incluir aspectos qualitativos By Luciano Nakabashi; Lízia de Figueiredo

  1. By: Luciano Nakabashi (Cedeplar-UFMG); Lízia de Figueiredo (Cedeplar-UFMG)
    Abstract: The role of human capital on the development process has been recognized as a crucial element by many researchers. Nevertheless, many empirical results have showed no correlation between human capital and income per capita level or between human capital and growth rates. It is argued that the interaction between the two variables is more complicated than predicted by endogenous model of growth as the one developed by Lucas-Uzawa. Other problem that is usually mentioned is the proxy´s lack of quality because it does not take into account the disparities in the educational system when different nations are compared. The main goal of this paper is to employ a proxy for human capital that tries to take into account this characteristic and compare with Mankiw, Romer and Weil 1992’s results.
    Keywords: Human capital, empirical results, new proxy
    JEL: C21 E10 I20 O11 O41 O50
    Date: 2005–06

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