Human Capital Externalities Growth And Welfare Measurement
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Human Capital Externalities Growth And Welfare Measurement
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Author : Thomas Aronsson
language : en
Publisher:
Release Date : 1993
Human Capital Externalities Growth And Welfare Measurement written by Thomas Aronsson and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993 with categories.
Brain Gain
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Author : Maurice Schiff
language : en
Publisher: World Bank Publications
Release Date : 2005
Brain Gain written by Maurice Schiff and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005 with Brain drain categories.
"Based on static partial equilibrium analysis, the "new brain drain" literature argues that, by raising the return to education, a brain drain generates a brain gain that is, under certain conditions, larger than the brain drain itself, and that such a net brain gain results in an increase in welfare and growth due to education's positive externalities. This paper argues that these claims are exaggerated. In the static case, and based on both partial and general equilibrium considerations, the paper shows that (1) the size of the brain gain is smaller than suggested in that literature; (2) the impact on welfare and growth is smaller as well (for any brain gain size); (3) a positive brain gain is likely to result in a smaller, possibly negative human capital gain; (4) an increase in the stock of human capital may have a negative impact on welfare and growth; and (5) in a dynamic framework, the paper shows that the steady-state brain gain is equal to the brain drain so that a "beneficial brain drain" cannot take place, and a net brain loss is likely during the transition.
Welfare Measurement Sustainability And Green National Accounting
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Author : Thomas Aronsson
language : en
Publisher: Edward Elgar Publishing
Release Date : 1997
Welfare Measurement Sustainability And Green National Accounting written by Thomas Aronsson and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997 with Business & Economics categories.
One of the basic issues of accounting is to augment or extend the conventional net national product measure to obtain a better indicator of welfare. This book takes into account technological change, externalities and uncertainty.
Social Accounting And Welfare Measurement In A Growth Model With Human Capital
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Author : Thomas Aronsson
language : en
Publisher:
Release Date : 1996
Social Accounting And Welfare Measurement In A Growth Model With Human Capital written by Thomas Aronsson and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996 with categories.
Education And Development
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Author : Walter W. McMahon
language : en
Publisher: Clarendon Press
Release Date : 2000-01-27
Education And Development written by Walter W. McMahon and has been published by Clarendon Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000-01-27 with Business & Economics categories.
This book develops a new approach to measuring the total returns to human resource development through investment in education. Drawing on microanalytic foundations, it uses regional and worldwide data to estimate the net marginal contributions of education and new knowledge both to economic growth and to wider effects on democratization, human rights, political stability, health, net population growth rates, reduction of poverty, inequality in income distribution, crime, drug use, and the environment. The total impact of education policy changes on endogenous development is then estimated using an interactive model. This new approach is important to industrialized and developing countries alike. The diffusion of knowledge and the adaptation of new techniques has been identified as crucial to the growth process in the new endogenmous growth models, and is of increasing strategic importance in current knowledge-based globalizing economies. Similarly, the non-monetary returns from education are important in improving human welfare. Measurement of these non-market returns is a crucial but much neglected subject. It has proved frustrating, and existing microanalytic measures have proved piecemeal. The new approach developed here offers some comprehensive estimates and simulation techniques for finding more cost-effective policies, and also suggests new hypotheses for further microanalytic testing.
Identifying Human Capital Externalities
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Author : Antonio Ciccone
language : en
Publisher:
Release Date : 2002
Identifying Human Capital Externalities written by Antonio Ciccone and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002 with Economics categories.
Guide On Measuring Human Capital
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Author : United Nations. Economic Commission for Europe. Task Force on Measuring Human Capital
language : en
Publisher:
Release Date : 2016
Guide On Measuring Human Capital written by United Nations. Economic Commission for Europe. Task Force on Measuring Human Capital and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016 with Business & Economics categories.
This Guide on Measuring Human Capital discusses conceptual, methodological and implementation issues and challenges.
Measuring Human Capital
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Author : Barbara Fraumeni
language : en
Publisher: Academic Press
Release Date : 2021-07-12
Measuring Human Capital written by Barbara Fraumeni and has been published by Academic Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-07-12 with Business & Economics categories.
Measuring Human Capital addresses a country’s most important resource: its own people. Bettering human capital benefits individuals and their country and leads to improved sustainability for the future. For many years economists only used Gross Domestic Product (GDP), now acknowledged to be inadequate without supplemental measures, to gauge a country’s overall value. There is now a recognition that many variables contribute to a country’s worth, which make accurate measurement difficult. Looking beyond GDP by focusing on human capital, researchers, policymakers, government officials, and students can understand what elements impact human capital and how they might improve it in order to increase economic growth and well-being. Addresses six major measures of human capital, covering at least 130 countries Describes both monetary and index estimates Includes two monetary measures by the World Bank and the Inclusive Wealth Report by UNEP and the Urban Institute of Kyushu University Includes four index measures by the Institute for Health Metrics and Evaluation of the University of Washington, United Nations Development Programme, World Economic Forum, and World Bank Includes two country chapters, one on China and the other on the United States
Human Capital Externalities Trade And Economic Growth
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Author : David Michael Gould
language : en
Publisher:
Release Date : 1995
Human Capital Externalities Trade And Economic Growth written by David Michael Gould and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995 with categories.
Estimated Human Capital Externalities In An Endogenous Growth Framework
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Author : James R. Malley
language : en
Publisher:
Release Date : 2019
Estimated Human Capital Externalities In An Endogenous Growth Framework written by James R. Malley and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019 with categories.
To better understand the quantitative implications of human capital externalities at the aggregate level, we estimate a two-sector endogenous growth model with knowledge spill-overs. To achieve this, we account for trend growth in a model consistent fashion and employ a Markov-chain Monte-Carlo (MCMC) algorithm to estimate the model's posterior parameter distributions. Using U.S. quarterly data from 1964-2017, we find significant positive externalities to aggregate human capital. Our analysis further shows that eliminating this market failure leads to sizeable increases in education-time, endogenous growth and aggregate welfare.
