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The standard economy-wide indices of labour quality (or human capital) largely ignore the role of unobservable worker characteristics. In this article, we develop a methodology for identifying the contributions of both observable and unobservable worker characteristics in the presence of the incidental parameter problem. Based on data for Switzerland over the period 1991 to 2006, we find that a large part of growth in labour quality is caused by shifts in the distribution of unobservable worker characteristics. The overall index differs little from the standard indices, but contributions to growth attributed to education and age are corrected downwards. 相似文献
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Pedro Teixeira 《European Journal of the History of Economic Thought》2018,25(1):106-133
Textbooks are an important subject for the study of science in general and economics in particular. In this paper, we analyse at the process of the acceptance of human capital theory through its inclusion in economics textbooks by looking at two specialized fields to which this theory became highly influential: labour economics and the economics of education. The analysis will compare the patterns of the dissemination of these new theoretical developments in a more consolidated field and in an emergent field of economics research with a particular focus in the early stages of that dissemination process. 相似文献
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This article compiles labour input indices that capture both employment changes and quality improvement of labour in Taiwan, from 1994 to 2011. Up to 77.19% of average annual labour input growth is from quality improvement. Further decomposition reveals that the most important source of growth is educational attainment, followed by age structure. Moreover, we find that Taiwan’s average annual GDP growth rate does not result from capital investment but from the contribution of a stable labour input to economic growth. Taiwan is a newly industrialized country, but because of the diminishing returns to capital, the catch-up effect has been slower than hoped. Additional capital investment has a relatively small effect on productivity, and the main source of the continuous economic growth rate is from labour quality, especially from highly skilled human capital. Making good use of these human resources creates a stable source of sustained economic growth. 相似文献
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From a theoretical perspective, the effect that remittances have on the labour decisions of those that receive them is ambiguous; the empirical evidence reported in the literature is mixed and shows, unsurprisingly, that the net effect of remittances on labour supply is context-dependent. We contribute to this literature by using a detailed data set for rural Mexico that allows us to understand how remittances reshape rural livelihoods by modifying labour allocation decisions. Following previous evidence, we analyse female and male responses separately. Our results show that the income effect of remittances dominates male labour allocation decisions: the probability of participating in the labour market and the total number of hours worked decrease with remittances. We find no effect for female labour allocation decisions. The effects are not uniform across the different productive activities and remittances seem to be contributing to a trend in which Mexican rural inhabitants increasingly move away from agriculture- or nature-based activities. This reinforces the direct effect that emigration has in terms of a reduction in total supply of local labour. 相似文献
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Christian Dustmann 《The Scandinavian journal of economics》1999,101(2):297-314
This paper investigates human capital investment of immigrants whose duration in the host country is limited, either by contract or by their own choice. The first part of the paper develops a model which distinguishes between temporary migrations where the return time is exogenous or optimally chosen. The analysis has a number of interesting implications for empirical work, some of which are explored in the second part of the paper. The analysis focuses on language capital and tests the hypothesis that country specific human capital investments are sensitive to the duration in the host country's labour market. The results show that the acquisition of language capital is sensitive to the intended duration in the host country. 相似文献
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This study examines how large-scale, predominantly male emigration affects the education of girls staying in Tajikistan, the poorest post-Soviet state and one of the most remittance-dependent economies in the world. Using data from a three-wave household panel survey conducted in 2007, 2009, and 2011, this study finds that the net effect of migration on girls’ schooling turns from positive to negative with girls’ age. These results lend support to various conceptual channels through which the emigration of household members may affect girls’ education, including the relaxation of budget constraints, a change of the household head, and an increase in household work. At the practical level, the results imply that migration can be detrimental to women’s empowerment and cast doubt on whether emigration is an appropriate long-term development strategy for Tajikistan. 相似文献
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Kristinn Hermannsson Patrizio Lecca 《Economic Papers: A journal of applied economics and policy》2016,35(1):24-36
Microeconometric evidence reveals high private returns to education, most prominently in low‐income countries. However, it is disputed to what extent this translates into a macroeconomic impact. This paper projects the increase in human capital from higher education in Malawi and uses a dynamic applied general equilibrium model to estimate the resulting macroeconomic impact. This is contingent upon endogenous adjustments, in particular how labour productivity affects competitiveness and if this in‐turn stimulates exports. Choice among labour market assumptions and trade elasticities results in widely different outcomes. Appraisal of such policies should consider not only the impact on human capital stocks, but also adjustments outside the labour market. 相似文献
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This paper investigates the relationship between international migration, remittances, and human capital investment in Kenya. We use household‐level data from the 2009 Kenya Migration Household Survey (which was part of the Africa Migration Project) to test our hypothesis and uncover a positive and significant relationship between the amount of international remittances a household receives and the amount of expenditures allocated to education (for all levels of education). We consider various robustness checks and find that our results hold up to various specifications, including an instrumental variable approach. 相似文献
9.
资本市场开放与经济稳定增长—对东南亚国家的实证分析及其启示 总被引:3,自引:0,他引:3
20世纪90年代,国际资本的急剧流动引发了东南亚的金融危机。国际资本的短期性和投机性,以及它对发展中国家的资本市场、汇率、外汇储备和金融体系的强烈冲击,应当引起我们的深思。资本市场的开放,必须建立在国内金融体系的改革和实质经济市场化转型的基础上。 相似文献
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‘Active Ageing’ strategies aim to foster the participation of seniors in the society. Although economic literature has extensively studied the incentives for seniors to increase their labour supply, little is known about the motivations for older people to complement labour with other forms of social participation. This article provides empirical evidence of the role of intrinsic and extrinsic rewards received at work in the supply of formal and informal productive activities of 50- to 65-year-old workers. The results show that workers with higher levels of intrinsic rewards received at work, such as skill development opportunities and decision latitude, are more likely to participate in social activities outside the labour market. Extrinsic rewards on the other hand, like advancement perspectives, job security and pay, appear independent from both formal and informal social participation. 相似文献
11.
This article analyses how a crisis impacts labour markets in origin countries through migration channels. For this purpose, we develop a novel dynamic general equilibrium model with a focus on the interlinkages between migration, the labour market and education. The main innovation of the paper is the retrospective modelling in general equilibrium of the impact of an economic crisis to isolate the impact of migration on local unemployment. The impact of the crisis on education decision is captured through endogenous returns to education. The simultaneity of the crisis in Tunisia and its partners worsened the labour market situation mainly through the increase in labour supply. The main result of this study is that migration is indeed one of the main determinants of the unemployment increase and that remittances have a higher impact than the variation of emigration flows. The low skilled bear the highest costs in terms of unemployment and wage decline. 相似文献
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从人力资本视角分析中国服务贸易竞争力 总被引:1,自引:0,他引:1
在当今全球经济中,服务贸易在一固经济结构中的份顿,在一定程度上反映了该国的国际竞争力和固际化水平.长期以来.中国服务贸易竞争优势主要仰仗于成本低廉、总量丰富的低端劳动力.但随着中国经济进入\"刘易斯转折点\",快速的人口转变将导致人口红利的短缺.廉价劳动力驱动的服务贸易增长方式也将宣告结束.为此,必须大力开发人力资源,提升人力资本水平,用质量替代数量.实现服务贸易的可持续发展. 相似文献
15.
This article uses Australian panel data for the years 2001–2009 to estimate returns to general experience, job and occupational tenure. We pay particular attention to issues of unobserved heterogeneity bias in our estimations. We find that both general experience and occupational tenure have statistically and numerically significant effects on wage outcomes, even after controlling for unobserved heterogeneity. Job tenure on the other hand only seems to matter in OLS regressions that do not control for heterogeneity biases. Once these biases are controlled for, only a modest effect from job tenure remains. The inclusion of occupational tenure in the estimating equation tends to negate even this modest job tenure effect. The only exception to this is for workers in large organizations. For these workers a small but statistically significant effect from job tenure remains, even once we have controlled for heterogeneity and included occupational tenure in the estimating equation. The results reported in this article have implications for the various theories of the labour market that predict upward-sloping wage-job-tenure profiles. 相似文献
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区域人力资本投资水平研究——基于山东17地市的数据分析 总被引:3,自引:0,他引:3
一个地区人力资本投资水平的高低,是由许多因素共同决定的,因此要比较分析地区间人力资本投资水平的差异,就需要考虑更多的影响因素,这就需要建立一个较为全面的影响因素集合,来共同反映人力资本投资水平。通过构建评价指标体系,以山东省17个地市作为评价对象,选取2006年的统计数据,采用因子分析法对山东省各地区的人力资本投资水平进行评价,并为各城市人力资本投资提供一定的建议。 相似文献
17.
Antonella Bellino 《Applied economics》2019,51(33):3665-3688
This paper presents an exploration of the migration-trade nexus taking the case of Italy by crossing the two dimensions of migration (immigration and emigration) and the two dimensions of intra-industry trade (vertical and horizontal). This empirical strategy proves useful in refining interpretation of econometric results. In general, we find that both immigration and emigration are positively and significantly related to intra-industry trade. However, the magnitude and the statistical significance of the impact of migration on trade vary, depending on the type of trade flows considered (vertical or horizontal), the direction of migration (immigration or emigration) and the partner countries considered (OECD or non-OECD). In particular, we find that immigrants from non-OECD countries have a positive and significant impact on both ‘variety trade’ and ‘quality trade’, while immigrants from OECD countries significantly affect ‘variety trade’ only. Emigrants to non-OECD countries have positive effect only on ‘variety trade’. These findings are largely consistent with predictions deriving from theoretical models of intra-industry trade and from the literature on migration-trade nexus. 相似文献
18.
We investigate whether financial reform can reduce income inequality in Asia, with particular emphasis on the role of human capital. Extending Galor and Zeira (1993), we demonstrate that financial reform is effective in reducing income inequality, and the effect is more profound in a country with higher human capital. Using the data for 18 countries in Asia, the region with the most promising financial reform, we confirm our theoretical finding. In addition, among disaggregated financial reforms, lift of credit control, better banking supervision and security market development seem to be significantly associated with reduction of income inequality. 相似文献
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人力资本在农民增收中的作用分析 总被引:3,自引:0,他引:3
笔者采用一个农业大省的农户调查资料,分析了农村人力资本在农民收入增长中的作用。结论表明,家庭劳动力平均受教育年限显著增加农民人均纯收入;有劳动力接受过相关技术培训的家庭,人均纯收入显著高于没有劳动力接受过技术培训的家庭;家庭接受过技术培训的劳动力数量增加可以显著提高农民人均纯收入水平。 相似文献
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国际劳工迁移是国际政治经济和人口发展不平衡的结果,由于劳动力的相对短缺,许多发达国家和发展中国家都积极从国外引进本国所需要的劳动力。本文在对主要地区和国家的国际劳工迁移的现状分析后,发现当今国际劳工迁移呈现出众多特点。为避免国际劳工迁移给本国社会经济带来负面影响,一些国家对国际移民政策进行了调整,并采取了一些行之有效的对策和措施:大力开发国内劳动力市场,积极采用新技术,将劳动密集性产业和低附加值的产品布置在劳动力资源丰富的邻国,大力引进高技术人才等。 相似文献