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Human Capital and Economic Growth

Author

Listed:
  • Claude Diebolt

    (BETA, University of Strasbourg Strasbourg, France)

  • Charlotte Le Chapelain

    (CLHDPP-BETA, University of Lyon 3, Lyon, France)

Abstract

The aim of this entry is (I) to undertake a critical reading of the seminal contribution of Lucas’ work to construct a model which represents the complexity of the links between human capital and economic growth (II) to review the empirical assessments of its endogenous nature.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Claude Diebolt & Charlotte Le Chapelain, 2019. "Human Capital and Economic Growth," Working Papers 02-19, Association Française de Cliométrie (AFC).
  • Handle: RePEc:afc:wpaper:02-19
    as

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    File URL: http://www.cliometrie.org/images/wp/AFC_WP_02_2019.pdf
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    References listed on IDEAS

    as
    1. Romer, Paul M, 1986. "Increasing Returns and Long-run Growth," Journal of Political Economy, University of Chicago Press, vol. 94(5), pages 1002-1037, October.
    2. Eric Hanushek & Ludger Woessmann, 2012. "Do better schools lead to more growth? Cognitive skills, economic outcomes, and causation," Journal of Economic Growth, Springer, vol. 17(4), pages 267-321, December.
    3. Mino, Kazuo, 1996. "Analysis of a Two-Sector Model of Endogenous Growth with Capital Income Taxation," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 37(1), pages 227-251, February.
    4. Benhabib, Jess & Spiegel, Mark M., 1994. "The role of human capital in economic development evidence from aggregate cross-country data," Journal of Monetary Economics, Elsevier, vol. 34(2), pages 143-173, October.
    5. Christian Morrisson & Fabrice Murtin, 2009. "The Century of Education," Journal of Human Capital, University of Chicago Press, vol. 3(1), pages 1-42.
    6. Jacob Mincer, 1958. "Investment in Human Capital and Personal Income Distribution," Journal of Political Economy, University of Chicago Press, vol. 66(4), pages 281-281.
    7. Eric A. Hanushek & Ludger Woessmann, 2008. "The Role of Cognitive Skills in Economic Development," Journal of Economic Literature, American Economic Association, vol. 46(3), pages 607-668, September.
    8. Mikael Lindahl & Alan B. Krueger, 2001. "Education for Growth: Why and for Whom?," Journal of Economic Literature, American Economic Association, vol. 39(4), pages 1101-1136, December.
    9. Claude Diebolt, 2016. "Cliometrica after 10 years: definition and principles of cliometric research," Cliometrica, Journal of Historical Economics and Econometric History, Association Française de Cliométrie (AFC), vol. 10(1), pages 1-4, january.
    10. Angel de la Fuente & Rafael Doménech, 2006. "Human Capital in Growth Regressions: How Much Difference Does Data Quality Make?," Journal of the European Economic Association, MIT Press, vol. 4(1), pages 1-36, March.
    11. Claude Diebolt & Ralph Hippe, 2018. "Remoteness equals backwardness? Human capital and market access in the European regions: insights from the long run," Education Economics, Taylor & Francis Journals, vol. 26(3), pages 285-304, May.
    12. Chamley, Christophe, 1993. "Externalities and Dynamics in Models of "Learning or Doing."," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 34(3), pages 583-609, August.
    13. Hanushek, Eric A. & Woessmann, Ludger, 2015. "The Knowledge Capital of Nations: Education and the Economics of Growth," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262029170, April.
    14. Robert J. Barro, 1991. "Economic Growth in a Cross Section of Countries," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 106(2), pages 407-443.
    15. Antonio Ciccone & Elias Papaioannou, 2009. "Human Capital, the Structure of Production, and Growth," The Review of Economics and Statistics, MIT Press, vol. 91(1), pages 66-82, February.
    16. Daniel Cohen & Marcelo Soto, 2007. "Growth and human capital: good data, good results," Journal of Economic Growth, Springer, vol. 12(1), pages 51-76, March.
    17. Claude Diebolt & Ralph Hippe, 2019. "The long-run impact of human capital on innovation and economic development in the regions of Europe," Applied Economics, Taylor & Francis Journals, vol. 51(5), pages 542-563, January.
    18. Claude Diebolt & Faustine Perrin, 2013. "From Stagnation to Sustained Growth: The Role of Female Empowerment," American Economic Review, American Economic Association, vol. 103(3), pages 545-549, May.
    19. Barro, Robert J & Lee, Jong-Wha, 2001. "International Data on Educational Attainment: Updates and Implications," Oxford Economic Papers, Oxford University Press, vol. 53(3), pages 541-563, July.
    20. Romer, Paul M, 1990. "Endogenous Technological Change," Journal of Political Economy, University of Chicago Press, vol. 98(5), pages 71-102, October.
    21. Charles I. Jones, 1995. "Time Series Tests of Endogenous Growth Models," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 110(2), pages 495-525.
    22. Claude Diebolt & Faustine Perrin, 2019. "A Cliometric Model of Unified Growth: Family Organization and Economic Growth in the Long Run of History," Studies in Economic History, in: Claude Diebolt & Auke Rijpma & Sarah Carmichael & Selin Dilli & Charlotte Störmer (ed.), Cliometrics of the Family, chapter 0, pages 7-31, Springer.
    23. N. Gregory Mankiw & David Romer & David N. Weil, 1992. "A Contribution to the Empirics of Economic Growth," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 107(2), pages 407-437.
    24. Nadir Altinok & Claude Diebolt & Jean-Luc Demeulemeester, 2014. "A new international database on education quality: 1965--2010," Applied Economics, Taylor & Francis Journals, vol. 46(11), pages 1212-1247, April.
    25. Robert M. Solow, 1956. "A Contribution to the Theory of Economic Growth," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 70(1), pages 65-94.
    26. Caballe, Jordi & Santos, Manuel S, 1993. "On Endogenous Growth with Physical and Human Capital," Journal of Political Economy, University of Chicago Press, vol. 101(6), pages 1042-1067, December.
    27. Barbara Sianesi & John Van Reenen, 2003. "The Returns to Education: Macroeconomics," Journal of Economic Surveys, Wiley Blackwell, vol. 17(2), pages 157-200, April.
    28. Barro, Robert J. & Lee, Jong-Wha, 1993. "International comparisons of educational attainment," Journal of Monetary Economics, Elsevier, vol. 32(3), pages 363-394, December.
    29. Claude Diebolt & Michael Haupert (ed.), 2016. "Handbook of Cliometrics," Springer Books, Springer, edition 1, number 978-3-642-40406-1, February.
    30. Claude Diebolt & Michael Haupert, 2018. "Cliometrics," Working Papers of BETA 2018-01, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
    31. Jamison, Eliot A. & Jamison, Dean T. & Hanushek, Eric A., 2007. "The effects of education quality on income growth and mortality decline," Economics of Education Review, Elsevier, vol. 26(6), pages 771-788, December.
    32. Nadir Altinok & Claude Diebolt & Jean-Luc de Meulemeester, 2013. "A new International Database on Education Quality: 1965-2010," Post-Print halshs-00821084, HAL.
    33. Costas Azariadis & Allan Drazen, 1990. "Threshold Externalities in Economic Development," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 105(2), pages 501-526.
    34. Claude Diebolt & Auke Rijpma & Sarah Carmichael & Selin Dilli & Charlotte Störmer (ed.), 2019. "Cliometrics of the Family," Studies in Economic History, Springer, number 978-3-319-99480-2, June.
    35. Lucas, Robert Jr., 1988. "On the mechanics of economic development," Journal of Monetary Economics, Elsevier, vol. 22(1), pages 3-42, July.
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    Cited by:

    1. Mustafa Mohammad Alalawneh, 2020. "The Impact of Human Capital and Foreign Direct Investment on Economic Growth: An Empirical Study on Jordan," Business and Economic Research, Macrothink Institute, vol. 10(2), pages 182-196, June.

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    More about this item

    JEL classification:

    • E13 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Neoclassical
    • I20 - Health, Education, and Welfare - - Education - - - General
    • I25 - Health, Education, and Welfare - - Education - - - Education and Economic Development
    • N30 - Economic History - - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy - - - General, International, or Comparative

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