Arbeitspapier

Human capital and economic development: A macroeconomic assessment

Despite abundant microeconomic level evidence, the role of human capital in economic development has not been well documented at the macroeconomic level. Up to now, many empirical macro studies lack a consistent theoretical foundation. In addition, the wide range of published results seems to result from measurement problems due to a very narrow concept of human capital focusing on formal education. Future empirical research should take into account other important determinants of human capital such as the quality of education, the experience of the workforce, and the health status and the nutritional status of the population.

Language
Englisch

Bibliographic citation
Series: Kiel Working Paper ; No. 778

Classification
Wirtschaft
One, Two, and Multisector Growth Models

Event
Geistige Schöpfung
(who)
Gundlach, Erich
Event
Veröffentlichung
(who)
Kiel Institute of World Economics (IfW)
(where)
Kiel
(when)
1996

Handle
Last update
10.03.2025, 11:45 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Gundlach, Erich
  • Kiel Institute of World Economics (IfW)

Time of origin

  • 1996

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