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The Efficiency of Human Capital Allocations in Developing Countries


The efficiency of human capital allocations in developing countries

My analysis shows that eliminating wedges between wages in different sectors leads to gains in output of less than 5% for most countries.

The efficiency of human capital allocations in developing countries

In Ghana, for example, the wage paid to a unit of human capital in mining is 2.5 times the aver- age across all workers in that country. In Nigeria and Ecuador ...

The Efficiency of Human Capital Allocations in Developing Countries

While the U.S. appears to have a more efficient allocation, the difference between it and the developing countries is not terribly large.

The Efficiency of Human Capital Allocations in Developing Countries

The Efficiency of Human Capital Allocations in Developing Countries. Dietrich Vollrath†. University of Houston. Online Appendices. A. Mincerian Regressions. The ...

The efficiency of human capital allocations in developing countries

These estimated gains of reallocation represent an upper bound as some of the observed differences in wages are due to unmeasured human capital. Under ...

The efficiency of human capital allocations in developing countries

These estimated gains of reallocation represent an upper bound as some of the observed differences in wages are due to unmeasured human capital.

The Efficiency of Human Capital Allocations in Developing Countries

The results showed that eliminating human capital mismatches caused by distorted human capital prices between different sectors would increase output growth in ...

Human capital investments spur economic growth and development

The productive environment in rich countries is typically more favorable for this purpose, as it offers both more formal training programs and ...

Publication: The Accumulation and Utilization of Human Capital over ...

This paper reviews how human capital is accumulated and used over the process of development. It highlights that differences in worker productivity are the ...

Efficiency of public spending on human capital in Africa

In this context, the concept of efficiency evaluates the allocation of resources in a country, which is developing human capital. Government ...

1 Diagnosing Human Capital as a Binding Constraint to Growth

Yet, by the early 2000s, economic growth outcomes of developing countries showed income divergence in most regions except for East Asia and South Asia, mostly.

Human Capital Development in Developing Countries

Various human capital investment strategies have been found to be more effective than others, and are important when attempting to improve the ...

Human Capital and Energy Efficiency: Evidence from Developing ...

This study explores the effect of human capital on energy efficiency in a panel of developing countries from 1990 to 2017.

Human Capital Investment in the Developing World

The paper shows that when these strategic approaches are adopted in developing countries, they can efficiently harness human capital to create competitive ...

Full article: Efficiency of public spending on human capital in Africa

... allocation of resources in a country, which is developing human capital. Government spending on human capital (Health and Education) continues to increase ...

Research on capital allocation efficiencies with four-dimensional ...

With the development of western economic theory, the role of capital in economic growth has experienced three stages: "material capital as the ...

Social Spending, Human Capital, and Growth in Developing Countries

As such, higher spending alone is not sufficient to achieve the MDGs. JEL Classification Numbers: I1, I2, O2, O4. Keywords: Economic Growth, ...

Public sector and human capital: on the mechanics of economic ...

As countries accumulate human capital throughout the transition, the effective tax rate rises, diverting human capital from production to ...

HUMAN CAPITAL AND ECONOMIC GROWTH - jstor

ed for OECD countries using recent data. We use time series and panel regressions for data on a group of eighteen large developing countries for the period ...

Global Potential for Borderless Challenges: Rethinking Human ...

Reflecting on the allocation of human capital to address major global challenges—such as climate change, poverty eradication, and technological ...