The average years of education, an indicator of the average educational attainment in a population, is a widely used proxy of human capital stock in the empirical literature. Its application is somewhat limited by data availability, even though annual series have already been created for a few countries. This paper offers an annual series of the average years of education in Hungary between 1920 and 2006, estimated by a version of the Barro-Lee (2001) methodology modified to correct the systematic bias arising from the assumption that mortality and educational attainment are uncorrelated. Using the new series, we also carry out a simple growth-accounting exercise and find that human capital accumulation was a major determinant of economic growth in Hungary, though only in the 1990s.
Download Info
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
page. Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.