全球智库信息集成服务系统(G2TT): The Production of Cognitive and Non-cognitive Human Capital in the Global Economy

G2TT

来源类型	Working Paper
规范类型	报告
DOI	10.3386/w24524
来源ID	Working Paper 24524
	The Production of Cognitive and Non-cognitive Human Capital in the Global Economy
	Chong Xiang; Stephen Yeaple
发表日期	2018-04-23
出版年	2018
语种	英语
摘要	A country’s welfare depends on its ability to accumulate cognitive and non-cognitive human capital. In this paper, we model the productions of cognitive and non-cognitive human capital in general equilibrium. We use revealed comparative advantage to infer countries’ non-cognitive and cognitive productivities without a direct measure for the non-cognitive dimension. Our model also delivers analytical expressions for how non- cognitive and cognitive productivities can be aggregated into a single human-capital quality index, or HCQI, and how HCQI relates to output per worker. Our model allows us to obtain the values of non-cognitive and cognitive productivities and HCQI, using publically available data for a sample of mostly high-income countries. We find that: 1. many countries with low test scores have high non-cognitive productivities; 2. the hard-to-measure non-cognitive human capital is important for HCQI, and HCQI is important for output per worker; 3. the trade-o¤ between cognitive- and non-cognitive productivities can be visualized and analyzed using an iso-HCQI curve: e.g. uneven cognitive and non-cognitive productivities tend to lower HCQI; 4. this trade-o¤ can be quantified, and has policy implications: e.g. excessive attention to test scores may decrease aggregate output; 5. international trade matters, theoretically, for HCQI, because the gains from trade help to compensate a country for uneven productivity across human capital types: e.g. the iso-HCQI curve would have a very different shape under free trade.
主题	International Economics ; Trade ; Globalization and International Relations ; Health, Education, and Welfare ; Education ; Development and Growth ; Development ; Growth and Productivity
URL	https://www.nber.org/papers/w24524
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/582197
推荐引用方式 GB/T 7714	Chong Xiang,Stephen Yeaple. The Production of Cognitive and Non-cognitive Human Capital in the Global Economy. 2018.

条目包含的文件
文件名称/大小	资源类型	版本类型	开放类型	使用许可
w24524.pdf（1549KB）	智库出版物		限制开放	CC BY-NC-SA	浏览