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A Direct Measure of the Relationship between Human Capital and Productivity

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  • Stanley A. Horowitz
  • Allan Sherman

Abstract

The problem of hidden action in organizations makes direct measurement of managerial performance problematic. But in English association football hidden action is unlikely to be as serious a problem because the owner observes the manager's performance ...

Suggested Citation

  • Stanley A. Horowitz & Allan Sherman, 1980. "A Direct Measure of the Relationship between Human Capital and Productivity," Journal of Human Resources, University of Wisconsin Press, vol. 15(1), pages 67-76.
  • Handle: RePEc:uwp:jhriss:v:15:y:1980:i:1:p:67-76
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    References listed on IDEAS

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    1. Murphy, Kevin M & Topel, Robert H, 2002. "Estimation and Inference in Two-Step Econometric Models," Journal of Business & Economic Statistics, American Statistical Association, vol. 20(1), pages 88-97, January.
    2. Mroz, Thomas A, 1987. "The Sensitivity of an Empirical Model of Married Women's Hours of Work to Economic and Statistical Assumptions," Econometrica, Econometric Society, vol. 55(4), pages 765-799, July.
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    Cited by:

    1. Kinvi D.A. Logossah, 1994. "Capital humain et croissance économique : une revue de la littérature," Économie et Prévision, Programme National Persée, pages 17-34.
    2. James D Adams & Leo Sveikauskas, 1993. "Academic Science, Industrial R&D, and the Growth of Inputs," Working Papers 93-1, Center for Economic Studies, U.S. Census Bureau.
    3. Weale, Martin, 1992. "Education, externalities, fertility, and economic growth," Policy Research Working Paper Series 1039, The World Bank.
    4. Peter Dawson & Stephen Dobson, 2002. "Managerial efficiency and human capital: an application to English association football," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 23(8), pages 471-486.
    5. Alla Kirova, 2011. "Evolution of the Human Capital Doctrine," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 4, pages 94-131.

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