Human capital: a new proxy to capture qualitative aspects

Authors

  • Luciano Nakabashi Universidade Federal do Paraná
  • Lízia de Figueirêdo UFMG

DOI:

https://doi.org/10.5380/re.v34i1.5981

Keywords:

capital humano, resultados empíricos, nova proxy, Human capital, empirical results, new proxy

Abstract

Despite the fact that there is already a reasonable consensus about the
relevance of the human capital factor on income level and growth rate across countries,
the empirical results do not give much support to this idea. Many empirical studies
do not find a significant and positive relation between the level of human capital,
income level or growth rate. It seems that there are two main reasons for the lack
of association between human capital and income mentioned above. The first one is that the relationship between them seems to be more complex than suggested by
some endogenous growth models, as the Lucas (1988) and the Uzawa (1965) type.
The second is the human capital proxy that is generally used in empirical studies. The
present study’s goal is to deal with the second problem by means of a human capital
proxy that incorporates quantitative and qualitative characteristics of this factor of
production. The empirical study and data are based on Mankiw, Romer and Weil’s
1992 study and it will be used as a standard to be compared with our results.

Author Biographies

Luciano Nakabashi, Universidade Federal do Paraná

possui graduação em Economia pela Universidade Estadual de Campinas (1999) , mestrado em Desenvolvimento Econômico pela Universidade Federal do Paraná (2001) e doutorado em Economia pela Universidade Federal de Minas Gerais (2005) . Atualmente é Professor Adjunto da Universidade Federal do Paraná. Tem experiência na área de Economia , com ênfase em Crescimento, Flutuações e Planejamento Econômico.

Lízia de Figueirêdo, UFMG

possui graduação em Ciências Econômicas pela Universidade Federal de Minas Gerais (1989) , mestrado em Ciência Econômica pela Universidade Estadual de Campinas (1993) e doutorado em Economia pela University of Nottingham (2002) . Atualmente é Professora assistente da Universidade Federal de Minas Gerais. Tem experiência na área de Economia , com ênfase em Economia Regional e Urbana. Atuando principalmente nos seguintes temas: new economic geography, economic growth, regional economics.

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Published

2008-06-23

How to Cite

Nakabashi, L., & de Figueirêdo, L. (2008). Human capital: a new proxy to capture qualitative aspects. Revista De Economia, 34(1). https://doi.org/10.5380/re.v34i1.5981

Issue

Vol. 34 No. 1 (2008)

Section

Artigos

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