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Human Capital and Macro-Economic Development : A Review of the Evidence (English)

This paper reviews the evidence on the importance of human capital for macro-economic development. Through the lens of a simple aggregate production function, human capital might increase output per capita by directly entering in the production process, incentivising the accumulation of complementary inputs and facilitating the adoption of new technologies. The paper discusses the advantages and limitations of three methodological approaches that...
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Rossi,Federico.

Human Capital and Macro-Economic Development : A Review of the Evidence (English). Policy Research working paper|no. WPS 8650 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/406251542645775821

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