An Econometric Approach of Computing Competitiveness Index in Human Capital
The aim of this paper is to provide methodology of estimating one of the components (pillar) of the Global Competitiveness Index (GCI), health and primary education (HPE) pillar for not included in the Global Competitiveness Report countries using conventional econometric techniques. Specifically, using the weighted least square and bootstrapping methods, we enable to compute the HPE for two countries of the former Soviet Union, Uzbekistan and Belarus and then compare the computed indices to the indices of other countries. This allows us to understand the current situation in human capital development in these two countries
|Date of creation:||2013|
|Date of revision:|
|Publication status:||Published in Journal of Applied Economics and Business Research 1.3(2013): pp. 51-64|
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Web page: http://mpra.ub.uni-muenchen.de
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"Human Capital, Fertility, and Economic Growth,"
University of Chicago - Population Research Center
90-5a, Chicago - Population Research Center.
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"Death and Development,"
NBER Working Papers
11620, National Bureau of Economic Research, Inc.
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