Cookies Policy
X

This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies.

I accept this policy

Find out more here

Does Human Capital Strongly Affect Economic Growth Rates? Yes, But Only If Assessed Properly

No metrics data to plot.
The attempt to load metrics for this article has failed.
The attempt to plot a graph for these metrics has failed.
The full text of this article is not currently available.

Brill’s MyBook program is exclusively available on BrillOnline Books and Journals. Students and scholars affiliated with an institution that has purchased a Brill E-Book on the BrillOnline platform automatically have access to the MyBook option for the title(s) acquired by the Library. Brill MyBook is a print-on-demand paperback copy which is sold at a favorably uniform low price.

Access this article

+ Tax (if applicable)
Add to Favorites

image of Comparative Sociology
For content published from 1960-2001, see International Journal of Comparative Sociology.

Although modern growth theories regard human capital endowment as a determinant of economic growth rates, econometric research does not consistently support this view by empirical evidence. In principle, this discrepancy might arise either from misleading theories or from poor measurement of human capital endowment. Here, it is argued that poor measurement is the culprit, and that one should substitute results from psychological testing, i.e.IQ, for widely accepted measures based on schooling. In order to demonstrate both the superiority of IQ over schooling derived measures as well as the robustness of IQ effects on growth, the new measure is entered in the Mankiw, Romer and Weil and the De Long and Summers frameworks which differ in the specification of growth equations and, in particular, in their treatment of investment. It is demonstrated that IQ effects are at least about equally strong and robust determinants of growth as catch-up opportunities, whether investment is included or excluded, narrowly or broadly defined. If investment is included, its effects are in the same order of magnitude as those of catch-up opportunities or IQ. Since IQ is correlated with state antiquity, since state antiquity might offer

Loading

Full text loading...

/content/journals/10.1163/1569133041738045
Loading

Data & Media loading...

http://brill.metastore.ingenta.com/content/journals/10.1163/1569133041738045
Loading

Article metrics loading...

/content/journals/10.1163/1569133041738045
2004-06-01
2016-08-26

Sign-in

Can't access your account?
  • Key

  • Full access
  • Open Access
  • Partial/No accessInformation