The Human Capital Stock: a Generalized Approach
By Benjamin F. Jones. 2014
209 citations recorded by the source corpus.
This paper presents a new framework for human capital measurement. The generalized framework can (i) substantially amplify the role of human capital in accounting for cross-country income differences and (ii) reconcile the existing conflict between regression and accounting evidence in assessing the wealth and poverty of nations. One natural interpretation emphasizes differences across economies in the acquisition of advanced knowledge by skilled workers.
Subfields: Economics and Econometrics
View Paper: https://www.semanticscholar.org/paper/7b4796e6b412fea8ee42955b05cb208feab263cc
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In Economics and Econometrics
- Charles I. Jones
- J. Lin
- Joel Mokyr
- N. Lagerloef
- Holger Strulik
- Daron Acemoglu
- Klaus Prettner
- Nico Voigtländer
Citations in the corpus
- The Facts of Economic Growth (2015, background): “…a large rise in private research and development and a large rise in software and entertainment investment, especially dur- 6Various perspectives on the idea production function are presented by Mokyr (1990), Griliches (1994), Weitzman (1998), and Fernald and Jones (2014). ing the last 25 years.”