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The effects of human capital composition on technological convergence

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  • Ang, James B.
  • Madsen, Jakob B.
  • Rabiul Islam, Md.

Abstract

This paper empirically investigates whether the contribution of human capital to productivity growth depends on the composition of human capital and proximity to the technology frontier in a panel of 87 sample countries over the period 1970-2004. It tests the hypothesis that primary and secondary education is more suitable for imitation whereas tertiary education is more appropriate for innovation. The results show that the growth enhancing effects of higher education increase with proximity to the technology frontier only for high and medium income countries.

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Bibliographic Info

Article provided by Elsevier in its journal Journal of Macroeconomics.

Volume (Year): 33 (2011)
Issue (Month): 3 (September)
Pages: 465-476

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Handle: RePEc:eee:jmacro:v:33:y:2011:i:3:p:465-476

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Web page: http://www.elsevier.com/locate/inca/622617

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Keywords: Human capital composition Innovation Convergence;

References

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Citations

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Cited by:
  1. James B. Ang & Jakob B. Madsen, 2012. "Imitation Versus Innovation In An Aging Society: International Evidence Since 1870," Development Research Unit Working Paper Series 45-12, Monash University, Department of Economics.
  2. Okada, Keisuke, 2013. "The interaction effects of financial openness and institutions on international capital flows," Journal of Macroeconomics, Elsevier, vol. 35(C), pages 131-143.
  3. F. Cerina & F. Manca, 2012. "Catch me if you learn: development-specific education and economic growth," Working Paper CRENoS 201225, Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia.
  4. Banerjee, Rajabrata & Roy, Saikat Sinha, 2014. "Human capital, technological progress and trade: What explains India's long run growth?," Journal of Asian Economics, Elsevier, vol. 30(C), pages 15-31.
  5. Alvaro Escribano & Szabolcs Blazsek, 2012. "Patents, secret innovations and firm's rate of return : differential effects of the innovation leader," Economics Working Papers we1202, Universidad Carlos III, Departamento de Economía.

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