Human Capital Externalities and Growth

Publicado en

  • Revista ESPE - Ensayos sobre Política Económica


  • This paper provides evidence of positive externalities in human capital that help to explain divergences in development worldwide. We estimate the supply and demand for human capital using a five-year panel involving 60 countries, covering the period 1980-2000, and found that there exists positive externalities in human capital accumulation close to one. This translates into increasing returns to scale and increasing marginal returns in human capital.

fecha de publicación

  • 2011

Líneas de investigación

  • Economic Growth
  • Externalities
  • Human Capital

Página inicial

  • 12

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  • 47


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