Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/205575 
Year of Publication: 
2005
Series/Report no.: 
New Zealand Treasury Working Paper No. 05/10
Publisher: 
New Zealand Government, The Treasury, Wellington
Abstract: 
Human capital is increasingly believed to play an important role in the growth process, however, adequately measuring its stock remains controversial. This paper identifies three general approaches to human capital measurement; cost-based, income-based and education-based, and presents a critical review of the theories and their applications to data from a range of countries. Emphasis on empirical evidence will be given to the case of New Zealand.
Subjects: 
human capital
economic growth
JEL: 
C52
F43
N10
O41
Creative Commons License: 
cc-by Logo
Document Type: 
Working Paper

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