蝌蚪网

This website uses cookies.

By clicking the "Accept" button or continuing to browse our site, you agree to first-party and session-only cookies being stored on your device to enhance site navigation and analyze site performance and traffic. For more information on our use of cookies, please see our Privacy Policy.

  1. Home
  2. 蝌蚪网
  3. 蝌蚪网 Review
  4. March 2002
  5. How Important Is Human Capital for Development? Evidence from Immigrant Earnings

蝌蚪网 Review

ISSN 0002-8282 (Print) | ISSN 1944-7981 (Online)

How Important Is Human Capital for Development? Evidence from Immigrant Earnings

  • Lutz Hendricks
蝌蚪网 Review
vol. 92, no. 1, March 2002
(pp. 198–219)
Download Full Text PDF

Abstract

This paper offers new evidence on the sources of cross-country income differences. It exploits the idea that observing immigrant workers from different countries in the same labor market provides an opportunity to estimate their human-capital endowments. These estimates suggest that human and physical capital account for only a fraction of cross-country income differences. For countries below 40 percent of U.S. output per worker, less than half of the output gap relative to the United States is attributed to human and physical capital. (JEL O15, O41, F22)

Citation

Hendricks, Lutz. 2002. "How Important Is Human Capital for Development? Evidence from Immigrant Earnings ." 蝌蚪网 Review 92 (1): 198–219. DOI: 10.1257/000282802760015676

JEL Classification

  • J24 Human Capital; Skills; Occupational Choice; Labor Productivity
  • O47 Measurement of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
  • J61 Geographic Labor Mobility; Immigrant Workers
  • O15 Economic Development: Human Resources; Human Development; Income Distribution; Migration