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来源类型Working Paper
规范类型报告
DOI10.3386/w21295
来源IDWorking Paper 21295
Knowledge Capital and Aggregate Income Differences: Development Accounting for U.S. States
Eric A. Hanushek; Jens Ruhose; Ludger Woessmann
发表日期2015-06-22
出版年2015
语种英语
摘要Improvement in human capital is often presumed important for state economic development, but little research links better education to state incomes. We develop detailed measures of worker skills in each state that incorporate cognitive skills from state- and country-of-origin achievement tests. These new measures of knowledge capital permit development accounting analyses calibrated with standard production parameters. Differences in knowledge capital account for 20-30 percent of the state variation in per-capita GDP, with roughly even contributions by school attainment and cognitive skills. Similar results emerge from growth accounting analyses. These estimates support school improvement as a strategy for state economic development.
主题Health, Education, and Welfare ; Education ; Labor Economics ; Labor Supply and Demand ; Development and Growth ; Growth and Productivity
URLhttps://www.nber.org/papers/w21295
来源智库National Bureau of Economic Research (United States)
引用统计
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/578969
推荐引用方式
GB/T 7714
Eric A. Hanushek,Jens Ruhose,Ludger Woessmann. Knowledge Capital and Aggregate Income Differences: Development Accounting for U.S. States. 2015.
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