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Education and labour productivity in New Zealand

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Author Info
Razzak, Weshah
Timmins, Jason

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Abstract

We 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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File URL: http://mpra.ub.uni-muenchen.de/1882/
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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 1882.

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Date of creation: 08 Feb 2007
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Handle: RePEc:pra:mprapa:1882

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Related research
Keywords: Labour productivity education qualification R&D

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Find related papers by JEL classification:
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

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  1. Edward C. Prescott, 2002. "Prosperity and Depression: 2002 Richard T. Ely Lecture," Working Papers 618, Federal Reserve Bank of Minneapolis. [Downloadable!]
  2. Robin Johnson & W. A. Razzak & Steven Stillman, 2007. "Has New Zealand benefited from its investments in research & development?," Applied Economics, Taylor and Francis Journals, vol. 39(19), pages 2425-2440. [Downloadable!] (restricted)
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This page was last updated on 2008-8-28.

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