Measurement of human capital input across countries: a method based on the laborer's income

• 成果类型: Article
• 署名作者: Jeong, B
• 署名单位: Czech Academy of Sciences; Economics Institute of the Czech Academy of Sciences; Charles University Prague; Czech Academy of Sciences
• 刊物名称: JOURNAL OF DEVELOPMENT ECONOMICS
• ISSN/ISSBN: 0304-3878
• DOI: 10.1016/S0304-3878(01)00194-8
• 发表日期: 2002
• 页码: 333-349
• 关键词: Human capital; measurement; international comparison

摘要

I propose the aggregate output divided by the wage rate of an industrial laborer in a country as a measure of the aggregate human capital input for that country. I use this method to compare the human capital inputs for 45 countries of diverse output levels. I find that human capital input differs between the lowest-income and the highest-income countries by a factor of 2.2 or 2.8, depending on the inclusion of outlier countries. This is significant but small relative to the results from the method based on years of schooling. (C) 2002 Elsevier Science B.V. All rights reserved.