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Dispersion of Human Capital and Economic Growth

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  • Jungsoo Park

Abstract

Based on a theoretical consideration of human capital production technology, this study empirically investigates the growth implication of dispersion of population distribution in terms of educational attainment levels. Based on a pooled 5-year interval time-series data set of 94 developed and developing countries for 1960 to 1995, the study finds that dispersion index as well as average index of human capital positively influences productivity growth. Given limited social resources for human capital investment, the finding implies that education policy that creates more dispersion in the human capital will promote grow

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Bibliographic Info

Paper provided by Econometric Society in its series Econometric Society 2004 Far Eastern Meetings with number 526.

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Date of creation: 11 Aug 2004
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Handle: RePEc:ecm:feam04:526

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Keywords: Human capital; Dispersion; Educational attainment; Economic Growth;

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Cited by:
  1. Patrawart, Kraiyos, 2008. "Can Equality in Education Be A New Anti-Corruption Tool?: Cross-Country Evidence (1990-2005)," MPRA Paper 9665, University Library of Munich, Germany.
  2. Ziesemer, Thomas, 2011. "What Changes Gini Coefficients of Education? On the dynamic interaction between education, its distribution and growth," UNU-MERIT Working Paper Series 053, United Nations University, Maastricht Economic and social Research and training centre on Innovation and Technology.

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