Prados de la Escosura, Leandro and Roses, Joan R. 
ORCID: 0000-0003-0661-3134
(2010)
Human capital and economic growth in Spain, 1850–2000.
Explorations in Economic History, 47 (4).
pp. 520-532.
ISSN 0014-4983
Abstract
We investigate human capital accumulation in Spain using income- and education-based alternative approaches. We, then, assess human capital impact on labor productivity growth and discuss the implications of its alternative measures for TFP growth. Trends in human capital are similar with either measure but the skill-premium approach fits better Spanish historical experience. As education is a high income elastic good, human capital growth computed with the education-based approach seems upward biased for the recent past. Human capital provided a positive albeit small contribution to labor productivity growth facilitating technological innovation.
| Item Type: | Article |
|---|---|
| Official URL: | http://www.sciencedirect.com/science/journal/00144... |
| Additional Information: | © 2010 Elsevier |
| Divisions: | Economic History |
| Subjects: | H Social Sciences > HC Economic History and Conditions |
| Date Deposited: | 19 Feb 2014 15:13 |
| Last Modified: | 11 Dec 2024 23:50 |
| URI: | http://eprints.lse.ac.uk/id/eprint/55756 |
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