The contribution of human capital to economic growth. A cross-country comparison of Germany, Japan, and the United States (Martin Neil Baily, Barry P. Bosworth, and Kelly Kennedy, Brookings)

September 29, 2021

Traditional growth accounting exercises, which adjust for variations in the age, gender, and educational attainment of the workforce, conclude that changes in human capital contribute only modestly to economic growth. Yet, recent studies have argued that improvements in human capital make a more substantial impact through differences in the quality of education and the importance of human capital in the innovation process. In this study, we explore differences in the generation of human capital in Germany, Japan, and the United States.

The contribution of human capital to economic growth (brookings.edu)

Marco Emanuele

Marco Emanuele è appassionato di cultura della complessità, cultura della tecnologia e relazioni internazionali. Approfondisce il pensiero di Hannah Arendt, Edgar Morin, Raimon Panikkar. Marco ha insegnato Evoluzione della Democrazia e Totalitarismi, è l’editor di The Global Eye e scrive per The Science of Where Magazine. Marco Emanuele is passionate about complexity culture, technology culture and international relations. He delves into the thought of Hannah Arendt, Edgar Morin, Raimon Panikkar. He has taught Evolution of Democracy and Totalitarianisms. Marco is editor of The Global Eye and writes for The Science of Where Magazine.

The contribution of human capital to economic growth. A cross-country comparison of Germany, Japan, and the United States (Martin Neil Baily, Barry P. Bosworth, and Kelly Kennedy, Brookings)

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