Does human capital matter for growth in OECD countries? A pooled mean-group approach

被引:101
作者
Bassanini, A [1 ]
Scarpetta, S [1 ]
机构
[1] Dept Econ, OECD, F-75775 Paris 16, France
关键词
growth; human capital; panel data; PMG estimators;
D O I
10.1016/S0165-1765(01)00569-9
中图分类号
F [经济];
学科分类号
02 ;
摘要
Unlike previous panel-data studies, using an improved dataset and PMG estimators, we find a significant impact of human capital on growth. The estimated long-run elasticity of output to human capital is consistent with the microeconomic evidence on returns to schooling. (C) 2002 Elsevier Science BY All rights reserved.
引用
收藏
页码:399 / 405
页数:7
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