Human Capital and Economic Growth: Operationalising Growth Theory, with Special Reference to the Netherlands in the 19th Century"
AbstractThis paper presents new estimates of the stock of human capital in the Netherlands between 1800 and 1913. The estimates of human capital are derived from data on primary, secondary and tertiary schooling. It is argued that the measure of human capital presented here is conceptually better than alternative measures, such as enrollment rates or literacy rates. The estimates were used in a growth accounting exercise employing an approximation of a translog production function with human capital as an additional factor of production. The results suggest that economic growth in the Netherlands during the 19th century was to a large extent based on the accumulation of fixed tangible capital, with human capital playing a less important role.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. 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.
Bibliographic InfoPaper provided by Groningen Growth and Development Centre, University of Groningen in its series GGDC Research Memorandum with number 199734.
Date of creation: 1997
Date of revision:
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Joke Bulthuis).
If references are entirely missing, you can add them using this form.