Cross-Country Analysis of Composition of Human Capital and Total Factor Productivity Growth depending on its Distance to Frontier

Published By: Centre for International Trade and Development - J | Published Date: July, 01 , 2015

This paper empirically examines human capital’s contribution to economy-wide technological progress and also on technical efficiency gain depending on its distance to frontier in a panel of 75 countries over the period 1970 - 2010. This study illustrates that only advanced economies rely on technological change while dependence on technical efficiency gain is high for middle and poor income countries. This study also analyzes the impact of skilled-unskilled human capital on total factor productivity growth for both aggregate and multiple outputs.

Author(s): Sujata Basu | Posted on: Mar 15, 2016 | Views() | Download (170)

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