The effects of human capital composition on technological convergence

Ang, James B.; Madsen, Jakob B.; Islam, Md. Rabiul

doi:10.1016/j.jmacro.2011.03.001

Cited by 66 publications

(59 citation statements)

References 25 publications

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“…The positive impact of higher education increases as countries come closer to the technology frontier (Vandenbussche et al (2006), as shown empirically by Aghion et al (2009a,b) for developed countries, and Ang et al (2011) for developing countries). Technological change increases the demand for expert thinking and complex communication ("non-routine work"), acquired through higher education (Levy and Murnane 2005).…”

Section: Literature Reviewmentioning

confidence: 57%

Higher education and economic innovation, a comparison of European countries

2013

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This paper compares higher education policies across thirty two European countries, using the contribution to economic innovation as a benchmark for the comparison. We suggest that an increase in university autonomy and public funding, that we qualify as 'empowerment', positively affects the research and education performance of universities, and more importantly the innovation potential of countries. We subsequently formulate policy related recommendations for Europe.

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Section: Literature Reviewmentioning

confidence: 57%

Higher education and economic innovation, a comparison of European countries

2013

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“…Comparing to the other education levels, secondary schooling has the strongest effect on the decline of regional inefficiency. As higher education is more important for innovation, while secondary education is more appropriate for the imitation activities (Ang et al, 2011), this result suggests that the composition of GDP is dominated by imitation sectors.…”

Section: Resultsmentioning

confidence: 97%

“…The received literature on regional growth draws on endogenous growth theory to examine the impact of human capital on economic growth (for example: Ang et al, 2011). The positive association between human capital development and economic growth is theorized to occur via external scale economies associated with human capital and the complementarity between human and physical capital (Sanromá and Ramos, 2007).…”

Section: Introductionmentioning

confidence: 99%

Productivity growth and convergence: a stochastic frontier analysis

Cardoso

Ravishankar

2015

Journal of Economic Studies

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Purpose – The purpose of this paper is to assess the effect of human capital development on regional productivity growth and convergence in the Spanish provinces over the period 1991-2006. Design/methodology/approach – The stochastic frontier analysis (SFA) methodology is used to estimate production inefficiencies. This approach enables the assessment of the degree to which a given region’s observed output deviates from the maximal possible. Therefore, the resulting region specific productive efficiencies are modelled as outcomes of the level of human capital. A β-convergence equation for the regional efficiency levels is also estimated to detect any signs of regional catching-up. Findings – The results show that increasing levels of human capital development are associated with lower regional inefficiency. All levels of education contributed to reduce the inefficiency levels, however, secondary schooling played a stronger role than primary and even higher education. There is also evidence of regional convergence towards the best practice frontier through a process that is beneficially aided by human capital development. Originality/value – The paper combines the use of the SFA to study the effect of human capital on regional productivity with the estimation of a β-convergence equation for the obtained regional efficiency levels.

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“…Thus, the construction 4 The trade-weighted R&D capital stock suggested by Coe and Helpman (1995) indeed reflect trade-related spillovers as discussed in Coe and Helpman (1999) after having been questioned by Keller (1998 In the next step, we further differentiate the educational aspect of the absorptive capacity by constructing an ethnic-education-weighted measure of foreign R&D capital stocks for each firm in year t as follows:…”

Section: Approximation Of Absorptive Capacity and Knowledge Spilloversmentioning

confidence: 99%

“…4 The robustness of the main results with respect to the used weights are assessed on behalf of three different specifications in the construction of the foreign R&D variable.…”

Section: Approximation Of Absorptive Capacity and Knowledge Spilloversmentioning

confidence: 99%

International Knowledge Spillovers: The Benefits from Employing Immigrants

Ossietzky

Hiller

Bochum³

2015

SSRN Journal

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The effects of human capital composition on technological convergence

Cited by 66 publications

References 25 publications

Higher education and economic innovation, a comparison of European countries

Higher education and economic innovation, a comparison of European countries

Productivity growth and convergence: a stochastic frontier analysis

International Knowledge Spillovers: The Benefits from Employing Immigrants

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