THE ROLE OF HUMAN-CAPITAL IN ECONOMIC-DEVELOPMENT EVIDENCE FROM AGGREGAT CROSS-COUNTRY DATA

被引：1375

作者：

BENHABIB, J ^{[1
]}

SPIEGEL, MM ^{[1
]}

机构：

[1] NYU, DEPT ECON, NEW YORK, NY 10003 USA

来源：

JOURNAL OF MONETARY ECONOMICS | 1994年 / 34卷 / 02期

关键词：

GROWTH; HUMAN CAPITAL;

D O I：

10.1016/0304-3932(94)90047-7

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

Using cross-country estimates of physical and human capital stocks, we run the growth accounting regressions implied by a Cobb-Douglas aggregate production function. Our results indicate that human capital enters insignificantly in explaining per capita growth rates. We next specify an alternative model in which the growth rate of total factor productivity depends on a nation's human capital stock level. Tests of this specification do indicate a positive role for human capital.

引用

页码：143 / 173

页数：31