This paper analizes the effect of education on job productivity, via improvements in workers humaii capital. Together with conventional measures of human capital such as the average years of school attainment, some alternative measures which take into account the distribution by levels of studies of the employed population are also considered. All these measures are subject to the corresponding empirical test using a novel database on territorial distribution of the Spanish population clasified by completed studies. While the use of average years does not result favorable, less restrictive alternative indicators show the positive contribution of each successive education level on job productivity. En este trabajo se analiza el efecto de la educación, vía mejoras en la dotación de capital humano de los trabajadores, sobre la productividad del trabajo. Para ello, junto a medidas convencionales como el número medio de años de escolarización, se postulan medidas alternativas a partir de la distribución por estudios de la población ocupada. Todas esas medidas son sometidas al correspondiente contraste empírico mediante la utilización de una novedosa base de datos sobre la distribución territorial por estudios terminados de la población española. Mientras la utilización de los años medios no resulta favorable, los indicadores alternativos menos restrictivos evidencian la contribución positiva de cada sucesivo nivel educativo sobre la productividad del trabajo.
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Paper provided by Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie) in its series Working Papers. Serie EC with number
1995-16.
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