Knowledge Capital and Economic Growth

Author/s
Eric A. Hanushek
Ludger Woessmann
Editor/s
Rolf Becker (ed.)
Published Date
2019
Publication
Research Handbook on the Sociology of Education
Details
Cheltenham, UK: Edward Elgar Publishing
Pages
pp. 476-497
Economists view human capital investment as a primary tool for producing inclusive growth, bu the research support for this has not been entirely clear. When skills are properly measured, however, many of the issues of growth, development, and distribution become much clearer. This chapter exploits the measured skill difference across countries to estimate robust models of economic growth.