The issue of the appropriate balance in emphasis between efficient choice of technology and efficient use of the chosen technology has, in recent years, received too little attention-it being granted, erroneously, that people can operate the technology efficiently. In this context, the importance of human capital need not be overemphasized here. This paper analyses a methodology to measure the contribution of human capital to agricultural production. The workability of the model is examined with the cross section data from the Philippines covering the period 1984-85. The results show that there are wide variations in the contribution of human capital to production. The study also makes an attempt to identify the factors causing such variations.
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Article provided by Department of Economics, Delhi School of Economics in its journal Indian Economic Review.
Volume (Year): 24 (1989) Issue (Month): 2 (July) Pages: 247-261 Download reference. The following formats are available: HTML
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