How important is human capital for development? Evidence from immigrant earnings

• 成果类型: Article
• 署名作者: Hendricks, L
• 署名单位: Arizona State University; Arizona State University-Tempe
• 刊物名称: AMERICAN ECONOMIC REVIEW
• ISSN/ISSBN: 0002-8282
• DOI: 10.1257/000282802760015676
• 发表日期: 2002
• 页码: 198-219
• 关键词: economic-growth; labor-market; PRODUCTIVITY; migration; performance; INEQUALITY; lecture; others; WORKER; FAMILY

摘要

This paper offers new evidence on the sources of cross-country income differences. It exploits the idea that observing immigrant workers from different countries in the same labor market provides an opportunity to estimate their human-capital endowments. These estimates suggest that human and physical capital account for only a fraction of cross-country income differences. For countries below 40 percent of U.S. output per worker, less than half of the output gap relative to the United States is attributed to human and physical capital.