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Measuring Educational Heterogeneity And Labor Quality: A Note

Author

Listed:
  • Mogens Fosgerau
  • Svend E. Hougaard Jensen
  • Anders Sørensen

Abstract

This paper investigates the magnitude of the mismeasurement that occurs when only a few education categories are used in the construction of a constant quality index for labor input. By employing a very comprehensive data set it is found that the error resulting from the omission of information on education is relatively small. The empirical results are thus supportive of the current state of practice of constructing indices of constant quality labor input.

Suggested Citation

  • Mogens Fosgerau & Svend E. Hougaard Jensen & Anders Sørensen, 2002. "Measuring Educational Heterogeneity And Labor Quality: A Note," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 48(2), pages 261-269, June.
    • Handle: RePEc:bla:revinw:v:48:y:2002:i:2:p:261-269
    DOI: 10.1111/1475-4991.00052
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    Cited by:

    1. K L Krishna & Suresh Chand Aggarwal & Bishwanath Goldar & Deb Kusum Das & Abdul A Erumban & Pilu Chandra Das, 2018. "Trends and Patterns in Labour Quality in India at Sectoral Level," Working papers 285, Centre for Development Economics, Delhi School of Economics.
    2. Øivind A. Nilsen & Arvid Raknerud & Marina Rybalka & Terje Skjerpen, 2011. "The Importance Of Skill Measurement For Growth Accounting," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 57(2), pages 293-305, June.
    3. Shandre Thangavelu & Yong Aik Wei, 2006. "Aging and Economic Growth: Issues Relevant to Singapore," SCAPE Policy Research Working Paper Series 0613, National University of Singapore, Department of Economics, SCAPE.
    4. Guido Schwerdt & Jarkko Turunen, 2007. "Growth In Euro Area Labor Quality," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 53(4), pages 716-734, December.
    5. Maliranta, Mika, . "Micro Level Dynamics of Productivity Growth. An Empirical Analysis of the Great Leap in Finnish Manufacturing Productivity in 1975-2000," ETLA A, The Research Institute of the Finnish Economy, number 38.
    6. K L Krishna & Suresh Aggarwal & Abdul A Erumban & Deb Kusum Das, 2016. "Structural Changes in Employment in India, 1980-2011," Working papers 262, Centre for Development Economics, Delhi School of Economics.
    7. Ravindra H. Dholakia, 2018. "Estimating Labour Quality Index for India," The Indian Journal of Labour Economics, Springer;The Indian Society of Labour Economics (ISLE), vol. 61(1), pages 67-85, March.
    8. Suresh Chand Aggarwal, 2004. "Labour quality in Indian manufacturing: A State level analysis," Indian Council for Research on International Economic Relations, New Delhi Working Papers 126, Indian Council for Research on International Economic Relations, New Delhi, India.
    9. Guido Schwerdt & Jarkko Turunen, 2007. "Changes in Human Capital: Implications for Productivity Growth in the Euro Area," ifo Working Paper Series 53, ifo Institute - Leibniz Institute for Economic Research at the University of Munich.
    10. Suresh Chand Aggarwal, 2007. "Labour Quality in Indian Manufacturing A State Level Analysis," Working Papers id:998, eSocialSciences.
    11. Solarin, Sakiru Adebola, 2020. "The effects of shale oil production, capital and labour on economic growth in the United States: A maximum likelihood analysis of the resource curse hypothesis," Resources Policy, Elsevier, vol. 68(C).
    12. Shandre M. Thangavelu & Yong Yik Wei, 2006. "Aging and economic growth : issues relevant to Singapore," Labor Economics Working Papers 21821, East Asian Bureau of Economic Research.

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