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A new database on human capital stock : sources, methodology and results

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  • Nehru, Vikram
  • Swanson, Eric
  • Dubey, Ashutosh
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    Abstract

    The authors describe the techniques and data adopted for the construction of a new series of estimates of the stock of education in 85 countries over 28 years (1960-87). It covers all the important developing regions except the republics of the former Soviet Union. The International Economics Department (IEC) continues a well-established trend in growth research of using educational stock (measured as mean school years of education of the labor force) as a proxy for human capital. The series are built from enrollment data using the perpetual inventory method, adjusted for mortality. Estimates are corrected for grade repetition among school-goers and country-specific drop-out rates for primary and secondary students. Enrollment data series used start as far back as 1930 for most countries, and even earlier for others. This reduces the need for backward extrapolation of enrollments to provide the initial estimates of the investment inventory.

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    Bibliographic Info

    Paper provided by The World Bank in its series Policy Research Working Paper Series with number 1124.

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    Date of creation: 30 Apr 1993
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    Handle: RePEc:wbk:wbrwps:1124

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    Related research

    Keywords: Health Monitoring&Evaluation; Curriculum&Instruction; Teaching and Learning; Economic Theory&Research; Gender and Education;

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    Cited by:
    1. Jalil, Abdul & Mahmood, Tahir & Idrees, Muhammad, 2013. "Tourism–growth nexus in Pakistan: Evidence from ARDL bounds tests," Economic Modelling, Elsevier, Elsevier, vol. 35(C), pages 185-191.
    2. Dan Ben-David & Ayal Kimhi, 2001. "Trade and the rate of income convergence," The Journal of International Trade & Economic Development, Taylor & Francis Journals, Taylor & Francis Journals, vol. 13(4), pages 419-441.
    3. Butzer, Rita & Mundlak, Yair & Larson, Donald F., 2003. "Intersectoral migration in Southeast Asia - evidence from Indonesia, Thailan, and the Philippines," Policy Research Working Paper Series 2949, The World Bank.
    4. Harrison, Ann, 1996. "Openness and growth: A time-series, cross-country analysis for developing countries," Journal of Development Economics, Elsevier, Elsevier, vol. 48(2), pages 419-447, March.
    5. Mahmood, Arshad & Marpaung, Charles O.P., 2014. "Carbon pricing and energy efficiency improvement -- why to miss the interaction for developing economies? An illustrative CGE based application to the Pakistan case," Energy Policy, Elsevier, Elsevier, vol. 67(C), pages 87-103.
    6. repec:eee:deveco:v:99:y:2012:i:2:p:358-369 is not listed on IDEAS
    7. Jahangir Aziz, 2006. "Rebalancing China's Economy," IMF Working Papers 06/291, International Monetary Fund.
    8. Jahangir Aziz, 2008. "Real and Financial Sector Linkages in China and India," IMF Working Papers 08/95, International Monetary Fund.
    9. Mundlack, Yair & Larson, Donald F. & Butzer, Rita, 2002. "Determinants of agricultural growth in Indonesia, the Philippines, and Thailand," Policy Research Working Paper Series 2803, The World Bank.
    10. Mundlak, Yair & Larson, Don & Butzer, Ritz, 1997. "The determinants of agricultural production : a cross-country analysis," Policy Research Working Paper Series 1827, The World Bank.
    11. Ruth Judson, 1996. "Do low human capital coefficients make sense? A puzzle and some answers," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) 96-13, Board of Governors of the Federal Reserve System (U.S.).
    12. Polterovich, Victor & Tonis, Alexander, 2014. "Absorptive Capacity and Innovative Capability: An Approach to Estimation," MPRA Paper 56855, University Library of Munich, Germany.
    13. Jalil, Abdul & Idrees, Muhammad, 2013. "Modeling the impact of education on the economic growth: Evidence from aggregated and disaggregated time series data of Pakistan," Economic Modelling, Elsevier, Elsevier, vol. 31(C), pages 383-388.
    14. C Niranjan Rao, 2008. "The Role of Intellectual Property Rights in Information and Communication Technologies," Working Papers id:1742, eSocialSciences.
    15. Jean-Claude Berthélemy & Ludvig Söderling, 2002. "Will there Be New Emerging-Market Economies in Africa b+L2280y the Year 2020?," IMF Working Papers 02/131, International Monetary Fund.
    16. Jahangir Aziz, 2008. "Deconstructing China’s and India’s Growth: The Role of Financial Policies," Working Papers id:1714, eSocialSciences.

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