Economic growth in the long run
成果类型：
Article
署名作者：
Tamura, Robert; Dwyer, Jerry; Devereux, John; Baier, Scott
署名单位：
Clemson University; City University of New York (CUNY) System
刊物名称：
JOURNAL OF DEVELOPMENT ECONOMICS
ISSN/ISSBN：
0304-3878
DOI：
10.1016/j.jdeveco.2018.10.010
发表日期：
2019
页码：
1-35
关键词：
摘要：
We present new data on real output per worker, schooling per worker, human capital per worker, real physical capital per worker for 168 countries. The output data represent all available data from Maddison. The physical capital data represent all available data from Mitchell. One major contribution is a new data set of human capital per worker, the foundation of which comes mostly from Mitchell. We provide original estimates of schooling per worker & per young worker. Using standard Mincer human capital construction, we find that variation in inputs can explain about 46% of the variation in long run living standards using standard covariance accounting. With capital intensity covariance accounting, variation in inputs explains about 25% of the variation in long run living standards. With intergenerational human capital accumulation with or without spillovers, we find that variation in inputs can explain at least half of the long run variation in living standards.
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