Por favor, use este identificador para citar o enlazar este ítem:
http://hdl.handle.net/11531/76709
Título : | Human Capital in Economic Development: From Labour Productivity to Macroeconomic Impact |
Autor : | Lecca, Patrizio Hermannsson, Kristinn |
Fecha de publicación : | 1-mar-2016 |
Resumen : | . Microeconometric evidence reveals high private returns to education, mostprominently in low-income countries. However, it is disputed to what extentthis translates into a macroeconomic impact. This paper projects the increasein human capital from higher education in Malawi and uses a dynamicapplied general equilibrium model to estimate the resulting macroeconomicimpact. This is contingent upon endogenous adjustments, in particular howlabour productivity affects competitiveness and if this in-turn stimulatesexports. Choice among labour market assumptions and trade elasticitiesresults in widely different outcomes. Appraisal of such policies should con-sider not only the impact on human capital stocks, but also adjustments out-side the labour market. |
Descripción : | Artículos en revistas |
URI : | https://doi.org/10.1111/1759-3441.12126 http://hdl.handle.net/11531/76709 |
ISSN : | 1759-3441 |
Aparece en las colecciones: | Artículos |
Ficheros en este ítem:
Fichero | Tamaño | Formato | |
---|---|---|---|
J of App Econs and Policy - 2016 - Hermannsson - Human Capital in Economic Development From Labour Productivity to.pdf | 159,05 kB | Adobe PDF | Visualizar/Abrir |
Los ítems de DSpace están protegidos por copyright, con todos los derechos reservados, a menos que se indique lo contrario.