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Diagnosing Human Capital as a Binding Constraint to Growth

Diagnosing Human Capital as a Binding Constraint to Growth

Tests, Symptoms and Prescriptions

Farah Hani, Miguel Angel Santos

Cambridge University Press
Publication date : 2021-12-16

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The empirical literature on the contributions of human capital investments to economic growth shows mixed results. While evidence from OECD countries demonstrates that human capital accumulation is associated with growth accelerations, the substantial efforts of developing countries to improve access to and quality of education, as a means for skill accumulation, did not translate into higher income per capita. In this Element, we propose a framework, building on the principles of 'growth diagnostics', to enable practitioners to determine whether human capital investments are a priority for a country's growth strategy. We then discuss and exemplify different tests to diagnose human capital in a place, drawing on the Harvard Growth Lab's experience in different development context, and discuss various policy options to address skill shortages.

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About the book

Author

Farah Hani , Miguel Angel Santos

Imprint

Cambridge University Press

Collection

n.c

Publication date

2021-12-16

Pages

n.c

Print ISBN

9781108971591

Language

English

Ebook informations

EAN PDF

9781108982313

Price

£18.99

Copy count 0

Print count 0

File size 4700 Ko

Informations accessibility

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About author(s)

Farah Hani

Miguel Angel Santos

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