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Measuring human capital in Portugal
2016
Notas Económicas
Although human capital is widely used as an input in modern economic growth models, in empirical studies, its importance in explaining economic growth is still an open issue. In fact, results range from influence in Gross Domestic Product growth rates to just a levels effect, and there are even several studies that find no significant explaining capability of human capital in economic growth. Human capital is usually measured through a proxy related to the population knowledge or to education.
doi:10.14195/2183-203x_21_2
fatcat:z4ti65egjrcedezfbjvevs3jqu