This paper investigates the evolution of human capital in China for 31 provinces over period 1985–2016 from a club convergence perspective. Per capita stocks, estimated using Jorgenson–Fraumeni lifetime income approach, are first time examined within non-linear latent factor framework that allows to model wide range transition dynamics each province along path convergence. The study finds no ov...

The overall scope of this thesis is to document the relevance of health capital investments for development, as well as highlighting barriers for the accumulation of health capital in the context of policies and programmes aimed to this. In order to promote development, Mexico decided to focus its social policy on generating incentives for human capital investments. For this approach to work, r...

In relation to firms' innovative performance this study investigates the importance of human capital on the firms' absorptive capacity. The estimation of an ordered probit model including 1544 firms from the manufacturing and service industry in Denmark shows that the share of highly educated employees, application of human resource management practices within the firm, and development of a clo...

Entrepreneurship and Economic Organization Because entrepreneurs in many ways personify market forces, one might expect them to be the central figures in economics. Similarly, because most entrepreneurial ventures somehow involve a firm, entrepreneurship would seem to be a core element of the economics of organization (represented, for example, by Milgrom and Roberts). However, entrepreneurship...

The gender wage gap varies across countries. For example, among OECD nations women in Australia, Belgium, Italy and Sweden earn 80% as much as males, whereas in Austria, Canada and Japan women earn about 60%. Current studies examining cross-country differences focus on the impact of labor market institutions such as minimum wage laws and nationwide collective bargaining. However, these studies ...

It is estimated that by 2001 20 million people had died from AIDS, which is now the world’s fourth biggest cause of death. While the highest prevalence and death rates and number of infected persons are reported for sub-Saharan Africa, where life expectancies at birth are declining rapidly and infant mortality rates are increasing, there is evidence that the epidemic is accelerating in Asia and...

OBJECTIVE: To introduce a human capital approach to reduce health disparities in South Carolina by increasing the number and quality of trained minority professionals in public health practice and research. METHODS: The conceptual basis and elements of Project EXPORT in South Carolina are described. Project EXPORT is a community based participatory research (CBPR) translational project designe...

We decompose labor-productivity growth into components attributable to (1) technological change (shifts in the world production frontier), (2) technological catch-up (movements toward or away from the frontier), (3) human capital accumulation (changes in the efficiency of labor), and (4) physical capital accumulation (movement along the frontier). The world production frontier is constructed us...

Human capital, in the form of embodied knowledge or skills, is under threat of automation. To examine the effect of it on a macroeconomy, I develop the Uzawa-Lucas model in which the accumulation of human capital follows the stochastic process. With two equality constraints, the closed-form solution gets obtainable. It shows that increase in uncertainty about the human capital accumulation redu...