Can Educational Attainment Explain Total Factor Productivity? Growth Accounting Evidence from Seven Transition Countries for the Period 1991-2000
AbstractIn this paper we use growth accounting methodology to study whether human capital explains a part of total factor productivity in transition. The results that are obtained are not in support of the theoretical findings of growth theory that human capital is a major determinant of growth and productivity. However, eventually we continue to believe that the reasons for this misfit to theory lie in the very nature of data and not in the specifics of the methodology used.
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Bibliographic InfoPaper provided by EconWPA in its series GE, Growth, Math methods with number 0512004.
Length: 23 pages
Date of creation: 13 Dec 2005
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educational attainment; productivity; growth; transition; human capital;
Find related papers by JEL classification:
- C6 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling
- D5 - Microeconomics - - General Equilibrium and Disequilibrium
- D9 - Microeconomics - - Intertemporal Choice
This paper has been announced in the following NEP Reports:
- NEP-ALL-2005-12-20 (All new papers)
- NEP-EFF-2005-12-20 (Efficiency & Productivity)
- NEP-HRM-2005-12-20 (Human Capital & Human Resource Management)
- NEP-TRA-2005-12-20 (Transition Economics)
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