Human capital and economic growth
Author(s)
Bibliographic Information
Human capital and economic growth
Stanford Economics and Finance, Stanford University Press, c2009
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Note
Includes bibliographical references (p. [221]-228) and index
Description and Table of Contents
Description
This book provides an in-depth investigation of the link between human capital and economic growth. The authors take an innovative approach, examining the determinants of economic growth through a historical overview of the concept of human capital.
The text fosters a deep understanding of the connection between human capital and economic growth through the exploration of different theoretical approaches, a review of the literature, and the application of nonlinear estimation techniques to a comprehensive data set. The authors discuss nonparametric econometric techniques and their application to estimating nonlinearities-which has emerged as one of the most salient features of empirical work in modeling the human capital-growth relationship, and the process of economic growth in general.
By delving into the topic from theoretical and empirical standpoints, this book offers an insightful new view that will be extremely useful for scholars, students, and policy makers.
Table of Contents
PART I Introduction 1 Introduction to Human Capital and Economic 3 Growth 2 The Concept of Human Capital: A Brief 10 Historical Review PARTII Theoretical Research on Human Capital and Economic Growth 3 Theoretical Models of Human Capital and 27 Economic Growth 4 Human Capital and Endogenous Models of 53 Economic Growth 5 Threshold Effects, Multiple Equilibria, and 84 Nonlinearities in Human Capital and Economic Growth PARTIII The Empirics of Human Capital and Economic Growth 6 Empirical Studies on Human Capital and 107 Economic Growth 7 Human Capital and Economic Growth: Linear 156 Specifications 8 A Primer on Nonparametric Methods and Their 172 Application to Research in Human Capital and Economic Growth 9 Human Capital and Economic Growth: 193 Nonlinear Specifications Appendix: Nonparametric Methods 211 Glossary 217 Bibliography 221
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