Human Capital Externalities and Growth

Número: 
631
Publicado: 
Clasificación JEL: 
J24, O11, O40, Y40
Palabras clave: 
Economic growth, Human capital, externalities

This paper provides evidence of positive externalities in human capital that help to explain divergences in development worldwide. We estimate the supply and demand for human capital using a five-year panel involving 60 countries and covering the period 1