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E-book
Author Mauro, Paolo

Title The Role of Human Capital in Economic Growth : the Case of Spain / Mauro, Paolo
Published Washington, D.C. : International Monetary Fund, 2000

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Description 1 online resource (27 pages)
Series IMF Working Papers, 2227-8885 ; Working Paper No. 00/8
IMF Working Papers ; Working Paper no. 00/8
Summary This study constructs an index of human capital for the Spanish labor force over the past two decades and projects it over the next decade on the basis of likely demographic developments. The methodology considers both educational attainment resulting from formal schooling and improvements in workers' productivity resulting from experience, or "learning by doing." Furthermore, it allows for the fact that people with higher education accumulate human capital through learning by doing at a faster pace than less educated workers or, in other words, that the full returns to formal schooling are realized with a lag of many years. Using this index, a growth accounting exercise is conducted to estimate the impact of human capital accumulation on economic growth over the past two decades. Finally, potential output growth is projected over the next few years, taking into account the impact of human capital accumulation
Notes Available in PDF, ePUB, and Mobi formats on the Internet
English
SUBJECT Spain. http://id.loc.gov/authorities/names/n79006971
Subject Spain.
Form Electronic book
Author Mauro, Paolo
Fernandez, Enric
International Monetary Fund.
ISBN 1451890680
9781451890686
1462370284
9781462370283
1452780587
9781452780580
1281603813
9781281603814
9786613784506
6613784508
9781451842500
1451842503