Human capital and convergence: A production-frontier approach

• 成果类型: Article
• 署名作者: Henderson, DJ; Russell, RR
• 署名单位: University of California System; University of California Riverside; State University of New York (SUNY) System; Binghamton University, SUNY
• 刊物名称: INTERNATIONAL ECONOMIC REVIEW
• ISSN/ISSBN: 0020-6598
• DOI: 10.1111/j.1468-2354.2005.00364.x
• 发表日期: 2005
• 页码: 1167-1205
• 关键词: economic-growth; international comparisons; educational-attainment; schooling quality; cross-section; countries; EFFICIENCY; tests; multimodality; returns

摘要

Using nonparametric, production-frontier methods, we decompose labor productivity growth into components attributable to technological change (shifts in the world production frontier), technological catch-up (movements toward or away from the frontier), and physical and human capital accumulation (movements along the frontier). We find that (1) technological change is decidedly nonneutral, (2) productivity growth is driven primarily by physical and human capital accumulation, (3) the increased international dispersion of productivity is explained primarily by physical capital accumulation, and (4) international polarization (the shift from a unimodal to a bimodal distribution) is brought about primarily by efficiency changes (technological catch-up).