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The Role of Human Capital in the Process of Economic Development: The Case of England, 1307-1900

  • Alexandra M. de Pleijt

Macroeconomic growth models underline the importance of human capital in the process of economic development. This analysis introduces a new proxy for human capital, which is educational attainment, and examines cohesion between education levels and growth for England between 1307 and 1900. The empirical evidence suggests no significant result between basic skills, such as reading and writing abilities, and growth of per capita GDP. More progressive human capital levels, as measured by average years of higher education, seem to have contributed to the process of development until the mid-eighteenth century.

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File URL: http://www.cgeh.nl/sites/default/files/WorkingPapers/CGEH.WP_.No21.Sandra.de_.Pleijt.pdf
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Paper provided by Utrecht University, Centre for Global Economic History in its series Working Papers with number 0021.

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Length: 32 pages
Date of creation: Dec 2011
Date of revision:
Handle: RePEc:ucg:wpaper:0021
Contact details of provider: Postal: University of Utrecht, Drift 10, The Netherlands
Web page: http://www.cgeh.nl

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  1. repec:cup:cbooks:9780521868273 is not listed on IDEAS
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  9. Broadberry, Stephen; Campbell, Bruce; Klein, Alexander; Overton, Mark; Van Leeuwen, Bas., 2010. "English Economic Growth: 1270 - 1870," CAGE Online Working Paper Series 35, Competitive Advantage in the Global Economy (CAGE).
  10. Jan Luiten Van Zanden & Eltjo Buringh & Maarten Bosker, 2012. "The rise and decline of European parliaments, 1188–1789," Economic History Review, Economic History Society, vol. 65(3), pages 835-861, 08.
  11. Broadberry, Stephen; Van Leeuwen, Bas, 2010. "British Economic Growth and the Business Cycle, 1700-1870: Annual Estimates," CAGE Online Working Paper Series 20, Competitive Advantage in the Global Economy (CAGE).
  12. Robert C. Allen, 2003. "Progress and poverty in early modern Europe," Economic History Review, Economic History Society, vol. 56(3), pages 403-443, 08.
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  15. repec:cup:cbooks:9780521687850 is not listed on IDEAS
  16. Broadberry, Stephen; Campbell, Bruce; Klein, Alexander; Overton, Mark, Van Leeuwen, Bas., 2010. "English Economic Growth, 1270-1700," CAGE Online Working Paper Series 21, Competitive Advantage in the Global Economy (CAGE).
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