Education and labour productivity in New Zealand
AbstractWe estimate the effect of four types of education qualifications, as a proxy for human capital and skill levels, on GDP per capita, and compute the average percentage returns. We also test the effect of the product of each proxy of human capital with R&D on GDP per capita. We find that only university qualification and its product with R&D to have a positive effect on the average economy-wide productivity.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 1882.
Date of creation: 08 Feb 2007
Date of revision:
Labour productivity; education qualification; R&D;
Other versions of this item:
- W. A. Razzak & J. Timmins, 2010. "Education and labour productivity in New Zealand," Applied Economics Letters, Taylor & Francis Journals, Taylor & Francis Journals, vol. 17(2), pages 169-173.
- D20 - Microeconomics - - Production and Organizations - - - General
- J08 - Labor and Demographic Economics - - General - - - Labor Economics Policies
- C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
This paper has been announced in the following NEP Reports:
- NEP-ALL-2007-03-03 (All new papers)
- NEP-EDU-2007-03-03 (Education)
- NEP-EFF-2007-03-03 (Efficiency & Productivity)
- NEP-HRM-2007-03-03 (Human Capital & Human Resource Management)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Robin Johnson & W. A. Razzak & Steven Stillman, 2007.
"Has New Zealand benefited from its investments in research & development?,"
Applied Economics, Taylor & Francis Journals,
Taylor & Francis Journals, vol. 39(19), pages 2425-2440.
- Robin Johnson & W A Razzak & Steve Stillman, 2005. "Has New Zealand benefited from its investments in research & development?," Development and Comp Systems 0510022, EconWPA.
- Razzak, Weshah & Stillman, Steve & Johnson, Robin, 2005. "Has New Zealand benefited from its investments in research & development?," MPRA Paper 1887, University Library of Munich, Germany.
- Daron Acemoglu, 2001.
"Directed Technical Change,"
NBER Working Papers
8287, National Bureau of Economic Research, Inc.
- Edward C. Prescott, 2002. "Prosperity and Depression: 2002 Richard T. Ely Lecture," Working Papers, Federal Reserve Bank of Minneapolis 618, Federal Reserve Bank of Minneapolis.
- Neagu Olimpia, 2012. "Labour Productivity And Human Capital In The Eu Countries:An Empirical Analys," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(1), pages 324-331, July.
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