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Education and Productivity: Some New Evidence and Implications for Chile

Author

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  • Francisco Gallego

    (Instituto de Economía. Pontificia Universidad Católica de Chile.)

  • Harald Beyer

Abstract

We present new empirical evidence that the effects of human capital quality become more important as countries get closer to the World technology frontier. This finding has obvious implications for a country that is getting closer to the frontier, as Chile in the last 20 years. We also suggest several areas of policy reforms that can increase human capital quality, such as institutional reforms to simplify regulations and align different policy instruments; the development of institutions and policies to increase the quantity and quality of the provision of early childhood development and improve the coordination with primary education; reforms affecting the workings of markets that are key for educational production; and reforms aiming at linking in a better way the education sector with labor markets.

Suggested Citation

  • Francisco Gallego & Harald Beyer, 2013. "Education and Productivity: Some New Evidence and Implications for Chile," Working Papers ClioLab 16, EH Clio Lab. Instituto de Economía. Pontificia Universidad Católica de Chile.
    • Handle: RePEc:ioe:clabwp:16
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    File URL: http://cliolab.economia.uc.cl/docs/wp/wp_16.pdf
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    References listed on IDEAS

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    Cited by:

    1. Daron Acemoglu & Camilo García-Jimeno & James A. Robinson, 2015. "State Capacity and Economic Development: A Network Approach," American Economic Review, American Economic Association, vol. 105(8), pages 2364-2409, August.

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