Human capital through a prospective method: a study for latin america
This paper aims to evaluate education as a component of human capital in comparison to other types of investments that relate to the formation of this stock. First, this study uses a nonparametric method, known as prospective, to estimate the value of human capital for a sample of ten Latin American...
- Autores:
-
Laverde Rojas, Heruy
Gaitan, Mercedes
Lis Gutierrez, Jenny Paola
Viloria Silva, Amelec Jesus
Vega Riano, Pilar
- Tipo de recurso:
- Article of journal
- Fecha de publicación:
- 2017
- Institución:
- Corporación Universidad de la Costa
- Repositorio:
- REDICUC - Repositorio CUC
- Idioma:
- eng
- OAI Identifier:
- oai:repositorio.cuc.edu.co:11323/4596
- Acceso en línea:
- https://hdl.handle.net/11323/4596
https://repositorio.cuc.edu.co/
- Palabra clave:
- Education
Human capital
Latin-american
Long run
Prospective method
Educación
Capital humano
América Latina
Método de perspectiva a largo plazo
- Rights
- openAccess
- License
- Attribution-NonCommercial-ShareAlike 4.0 International
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| dc.title.spa.fl_str_mv |
Human capital through a prospective method: a study for latin america |
| dc.title.translated.spa.fl_str_mv |
El capital humano a través de un método prospectivo: un estudio para américa latina |
| title |
Human capital through a prospective method: a study for latin america |
| spellingShingle |
Human capital through a prospective method: a study for latin america Education Human capital Latin-american Long run Prospective method Educación Capital humano América Latina Método de perspectiva a largo plazo |
| title_short |
Human capital through a prospective method: a study for latin america |
| title_full |
Human capital through a prospective method: a study for latin america |
| title_fullStr |
Human capital through a prospective method: a study for latin america |
| title_full_unstemmed |
Human capital through a prospective method: a study for latin america |
| title_sort |
Human capital through a prospective method: a study for latin america |
| dc.creator.fl_str_mv |
Laverde Rojas, Heruy Gaitan, Mercedes Lis Gutierrez, Jenny Paola Viloria Silva, Amelec Jesus Vega Riano, Pilar |
| dc.contributor.author.spa.fl_str_mv |
Laverde Rojas, Heruy Gaitan, Mercedes Lis Gutierrez, Jenny Paola Viloria Silva, Amelec Jesus Vega Riano, Pilar |
| dc.subject.spa.fl_str_mv |
Education Human capital Latin-american Long run Prospective method Educación Capital humano América Latina Método de perspectiva a largo plazo |
| topic |
Education Human capital Latin-american Long run Prospective method Educación Capital humano América Latina Método de perspectiva a largo plazo |
| description |
This paper aims to evaluate education as a component of human capital in comparison to other types of investments that relate to the formation of this stock. First, this study uses a nonparametric method, known as prospective, to estimate the value of human capital for a sample of ten Latin American countries from a returns perspective. Then, through partial decompositions examines the contribution of education in the volumes of human capital. The results indicate positive effects of education that however tend to run out in the long run |
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2017 |
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2017 |
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2019-05-21T13:06:17Z |
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2019-05-21T13:06:17Z |
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Artículo de revista |
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http://purl.org/coar/resource_type/c_2df8fbb1 |
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Text |
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1816949X |
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https://hdl.handle.net/11323/4596 |
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Corporación Universidad de la Costa |
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REDICUC - Repositorio CUC |
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https://repositorio.cuc.edu.co/ |
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1816949X Corporación Universidad de la Costa REDICUC - Repositorio CUC |
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eng |
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eng |
| dc.relation.references.spa.fl_str_mv |
[1] Schultz, T.W. (1961) Investment in human capital. American Economic Review, 51(1) pp. 1–17. [2] Becker, G. (1964). Human Capital. Columbia UP, New York: OCDE. [3] Mincer, J. (1974). Schooling, Experience, and Earnings. Columbia University Press, New York. 1974 [4] Jorgenson, D.W. and Fraumeni, B.M. (1992). The output of the education sector. In: Z. Griliches (ed.), Output measurement in the services sector (pp.303-338). Chicago: University of Chicago Press. [5] Liu, G. (2011). Measuring the Stock of Human Capital for Comparative Analysis An Application of the Lifetime Income Approach to Selected Countries. DOI: 10.1787/5kg3h0jnn9r5-en [6] Coremberg, A. (2010). The Economic Value of Human Capital and Education in an Unstable Economy: Argentina. Paper Prepared for the 31st General Conference of The International Association for Research in Income and Wealth. [7] Gasparini, L., M., Marchionni and W, Sosa (2001). La distribución del ingreso en Argentina y en la Provincia de Buenos Aires. Cuadernos de Economía No. 49. Buenos Aires: Ministerio de Economía de la Provincia de Buenos Aires. [8] Guerriero, M. (2012). The Labour Share of Income around the World. Evidence from a Panel Dataset. Institute for Development Policy and Management (IDPM). Development Economics and Public Policy, Working Paper Series WP No. 32. [9] Piketty, T. (2014). Capital in the 21st Century. Cambridge, MA.: Harvard University Press [10] Lucas, R. (1990). Why Doesn't Capital Flow from Rich to Poor Countries? American Economic Review, 80(2), 92-96. [11] Gu, W. and Wong, A. (2010). Estimates of Human Capital in Canada: The Lifetime Income Approach. Economic Analysis Research Paper Series 11F0027M No.062, Ottawa: Economic Analysis Division, Statistics Canada. [12] Feenstra, R. Inklaar, R and Timmer, M. (2015). The Next Generation of the Penn World Table. American Economic Review, 105(10), 3150-3182. DOI: 10.1257/aer.20130954 [13] Rensman, M. (2013). Human capital in the Netherlands. Statistics Netherlands. Discussion Paper. [14] Lee, J., Ihm, J. y Ryu, D. (2017). Human capital measures and stock return predictability: Macroeconomic versus microeconomic approaches. Finance Research Letters, 21, 53-56. [15] Lee, K.S and Wenhong Chen, W. (2017). A long shadow: Cultural capital, techno-capital and networking skills of college students. Computers in Human Behavior, 70, 67-73. [16] Amelec, V., & Carmen, V. (2015). Validation of a model for productivity evaluation for microfinance institutions. Advanced Science Letters, 21(5), 1610-1614. |
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Journal Of Engineering And Applied Sciences |
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Laverde Rojas, HeruyGaitan, MercedesLis Gutierrez, Jenny PaolaViloria Silva, Amelec JesusVega Riano, Pilar2019-05-21T13:06:17Z2019-05-21T13:06:17Z20171816949Xhttps://hdl.handle.net/11323/4596Corporación Universidad de la CostaREDICUC - Repositorio CUChttps://repositorio.cuc.edu.co/This paper aims to evaluate education as a component of human capital in comparison to other types of investments that relate to the formation of this stock. First, this study uses a nonparametric method, known as prospective, to estimate the value of human capital for a sample of ten Latin American countries from a returns perspective. Then, through partial decompositions examines the contribution of education in the volumes of human capital. The results indicate positive effects of education that however tend to run out in the long runEste documento pretende evaluar la educación como un componente del capital humano en comparación con otros tipos de inversiones relacionadas con la formación de este stock. Primero, este estudio utiliza un método no paramétrico, conocido como prospectivo, para estimar el valor del capital humano para una muestra de diez países latinoamericanos desde una perspectiva de retornos. Luego, a través de descomposiciones parciales, se examina la contribución de la educación en los volúmenes de capital humano. Los resultados indican efectos positivos de la educación que, sin embargo, tienden a agotarse a largo plazo.Laverde Rojas, Heruy-2ae8c0f9-0b2b-4a49-b61c-76b094dca05d-0Gaitan, Mercedes-8b432aaf-b7fb-47b1-b4c8-9aa272a542fd-0Lis Gutierrez, Jenny Paola-fb3c67c5-59fb-4b76-93e9-9d0a538dd4f0-0Viloria Silva, Amelec Jesus-1be008bb-6eeb-4db4-bc0b-68bb6cb663e2-0Vega Riano, Pilar-475f4774-c647-4001-b32b-50b99172046a-0engJournal Of Engineering And Applied SciencesAttribution-NonCommercial-ShareAlike 4.0 Internationalhttp://creativecommons.org/licenses/by-nc-sa/4.0/info:eu-repo/semantics/openAccesshttp://purl.org/coar/access_right/c_abf2EducationHuman capitalLatin-americanLong runProspective methodEducaciónCapital humanoAmérica LatinaMétodo de perspectiva a largo plazoHuman capital through a prospective method: a study for latin americaEl capital humano a través de un método prospectivo: un estudio para américa latinaArtículo de revistahttp://purl.org/coar/resource_type/c_6501http://purl.org/coar/resource_type/c_2df8fbb1Textinfo:eu-repo/semantics/articlehttp://purl.org/redcol/resource_type/ARTinfo:eu-repo/semantics/acceptedVersion[1] Schultz, T.W. (1961) Investment in human capital. American Economic Review, 51(1) pp. 1–17. [2] Becker, G. (1964). Human Capital. Columbia UP, New York: OCDE. [3] Mincer, J. (1974). Schooling, Experience, and Earnings. Columbia University Press, New York. 1974 [4] Jorgenson, D.W. and Fraumeni, B.M. (1992). The output of the education sector. In: Z. Griliches (ed.), Output measurement in the services sector (pp.303-338). Chicago: University of Chicago Press. [5] Liu, G. (2011). Measuring the Stock of Human Capital for Comparative Analysis An Application of the Lifetime Income Approach to Selected Countries. DOI: 10.1787/5kg3h0jnn9r5-en [6] Coremberg, A. (2010). The Economic Value of Human Capital and Education in an Unstable Economy: Argentina. Paper Prepared for the 31st General Conference of The International Association for Research in Income and Wealth. [7] Gasparini, L., M., Marchionni and W, Sosa (2001). La distribución del ingreso en Argentina y en la Provincia de Buenos Aires. Cuadernos de Economía No. 49. Buenos Aires: Ministerio de Economía de la Provincia de Buenos Aires. [8] Guerriero, M. (2012). The Labour Share of Income around the World. Evidence from a Panel Dataset. Institute for Development Policy and Management (IDPM). Development Economics and Public Policy, Working Paper Series WP No. 32. [9] Piketty, T. (2014). Capital in the 21st Century. Cambridge, MA.: Harvard University Press [10] Lucas, R. (1990). Why Doesn't Capital Flow from Rich to Poor Countries? American Economic Review, 80(2), 92-96. [11] Gu, W. and Wong, A. (2010). Estimates of Human Capital in Canada: The Lifetime Income Approach. Economic Analysis Research Paper Series 11F0027M No.062, Ottawa: Economic Analysis Division, Statistics Canada. [12] Feenstra, R. Inklaar, R and Timmer, M. (2015). The Next Generation of the Penn World Table. American Economic Review, 105(10), 3150-3182. DOI: 10.1257/aer.20130954 [13] Rensman, M. (2013). Human capital in the Netherlands. Statistics Netherlands. Discussion Paper. [14] Lee, J., Ihm, J. y Ryu, D. (2017). Human capital measures and stock return predictability: Macroeconomic versus microeconomic approaches. Finance Research Letters, 21, 53-56. [15] Lee, K.S and Wenhong Chen, W. (2017). A long shadow: Cultural capital, techno-capital and networking skills of college students. Computers in Human Behavior, 70, 67-73. [16] Amelec, V., & Carmen, V. (2015). Validation of a model for productivity evaluation for microfinance institutions. Advanced Science Letters, 21(5), 1610-1614.PublicationORIGINALHuman Capital Through A Prospective.pdfHuman Capital Through A Prospective.pdfapplication/pdf536527https://repositorio.cuc.edu.co/bitstreams/613a5c17-fe44-4334-aef4-e1353af7864b/downloada8c642aef94b5dec348828bfe0335f43MD51CC-LICENSElicense_rdflicense_rdfapplication/rdf+xml; charset=utf-81031https://repositorio.cuc.edu.co/bitstreams/461cd6a4-2485-4c47-b3e2-a58e0e1ad9fe/download934f4ca17e109e0a05eaeaba504d7ce4MD52LICENSElicense.txtlicense.txttext/plain; charset=utf-81748https://repositorio.cuc.edu.co/bitstreams/e2f49924-9375-4362-9826-9b8b1b243e7f/download8a4605be74aa9ea9d79846c1fba20a33MD53THUMBNAILHuman Capital Through A Prospective.pdf.jpgHuman Capital Through A Prospective.pdf.jpgimage/jpeg66217https://repositorio.cuc.edu.co/bitstreams/7261c31d-31b5-4a5c-a6d3-2ba5f080b262/download11e3aefc2c2cc588d876f2a185fdbac2MD55TEXTHuman Capital Through A Prospective.pdf.txtHuman Capital Through A Prospective.pdf.txttext/plain30713https://repositorio.cuc.edu.co/bitstreams/8c9314e1-3ad0-448b-8b40-4b251ba69d1c/download1701bf513e260a05cd63f214dd604f87MD5611323/4596oai:repositorio.cuc.edu.co:11323/45962024-09-17 14:08:09.2http://creativecommons.org/licenses/by-nc-sa/4.0/Attribution-NonCommercial-ShareAlike 4.0 Internationalopen.accesshttps://repositorio.cuc.edu.coRepositorio de la Universidad de la Costa CUCrepdigital@cuc.edu.coTk9URTogUExBQ0UgWU9VUiBPV04gTElDRU5TRSBIRVJFClRoaXMgc2FtcGxlIGxpY2Vuc2UgaXMgcHJvdmlkZWQgZm9yIGluZm9ybWF0aW9uYWwgcHVycG9zZXMgb25seS4KCk5PTi1FWENMVVNJVkUgRElTVFJJQlVUSU9OIExJQ0VOU0UKCkJ5IHNpZ25pbmcgYW5kIHN1Ym1pdHRpbmcgdGhpcyBsaWNlbnNlLCB5b3UgKHRoZSBhdXRob3Iocykgb3IgY29weXJpZ2h0Cm93bmVyKSBncmFudHMgdG8gRFNwYWNlIFVuaXZlcnNpdHkgKERTVSkgdGhlIG5vbi1leGNsdXNpdmUgcmlnaHQgdG8gcmVwcm9kdWNlLAp0cmFuc2xhdGUgKGFzIGRlZmluZWQgYmVsb3cpLCBhbmQvb3IgZGlzdHJpYnV0ZSB5b3VyIHN1Ym1pc3Npb24gKGluY2x1ZGluZwp0aGUgYWJzdHJhY3QpIHdvcmxkd2lkZSBpbiBwcmludCBhbmQgZWxlY3Ryb25pYyBmb3JtYXQgYW5kIGluIGFueSBtZWRpdW0sCmluY2x1ZGluZyBidXQgbm90IGxpbWl0ZWQgdG8gYXVkaW8gb3IgdmlkZW8uCgpZb3UgYWdyZWUgdGhhdCBEU1UgbWF5LCB3aXRob3V0IGNoYW5naW5nIHRoZSBjb250ZW50LCB0cmFuc2xhdGUgdGhlCnN1Ym1pc3Npb24gdG8gYW55IG1lZGl1bSBvciBmb3JtYXQgZm9yIHRoZSBwdXJwb3NlIG9mIHByZXNlcnZhdGlvbi4KCllvdSBhbHNvIGFncmVlIHRoYXQgRFNVIG1heSBrZWVwIG1vcmUgdGhhbiBvbmUgY29weSBvZiB0aGlzIHN1Ym1pc3Npb24gZm9yCnB1cnBvc2VzIG9mIHNlY3VyaXR5LCBiYWNrLXVwIGFuZCBwcmVzZXJ2YXRpb24uCgpZb3UgcmVwcmVzZW50IHRoYXQgdGhlIHN1Ym1pc3Npb24gaXMgeW91ciBvcmlnaW5hbCB3b3JrLCBhbmQgdGhhdCB5b3UgaGF2ZQp0aGUgcmlnaHQgdG8gZ3JhbnQgdGhlIHJpZ2h0cyBjb250YWluZWQgaW4gdGhpcyBsaWNlbnNlLiBZb3UgYWxzbyByZXByZXNlbnQKdGhhdCB5b3VyIHN1Ym1pc3Npb24gZG9lcyBub3QsIHRvIHRoZSBiZXN0IG9mIHlvdXIga25vd2xlZGdlLCBpbmZyaW5nZSB1cG9uCmFueW9uZSdzIGNvcHlyaWdodC4KCklmIHRoZSBzdWJtaXNzaW9uIGNvbnRhaW5zIG1hdGVyaWFsIGZvciB3aGljaCB5b3UgZG8gbm90IGhvbGQgY29weXJpZ2h0LAp5b3UgcmVwcmVzZW50IHRoYXQgeW91IGhhdmUgb2J0YWluZWQgdGhlIHVucmVzdHJpY3RlZCBwZXJtaXNzaW9uIG9mIHRoZQpjb3B5cmlnaHQgb3duZXIgdG8gZ3JhbnQgRFNVIHRoZSByaWdodHMgcmVxdWlyZWQgYnkgdGhpcyBsaWNlbnNlLCBhbmQgdGhhdApzdWNoIHRoaXJkLXBhcnR5IG93bmVkIG1hdGVyaWFsIGlzIGNsZWFybHkgaWRlbnRpZmllZCBhbmQgYWNrbm93bGVkZ2VkCndpdGhpbiB0aGUgdGV4dCBvciBjb250ZW50IG9mIHRoZSBzdWJtaXNzaW9uLgoKSUYgVEhFIFNVQk1JU1NJT04gSVMgQkFTRUQgVVBPTiBXT1JLIFRIQVQgSEFTIEJFRU4gU1BPTlNPUkVEIE9SIFNVUFBPUlRFRApCWSBBTiBBR0VOQ1kgT1IgT1JHQU5JWkFUSU9OIE9USEVSIFRIQU4gRFNVLCBZT1UgUkVQUkVTRU5UIFRIQVQgWU9VIEhBVkUKRlVMRklMTEVEIEFOWSBSSUdIVCBPRiBSRVZJRVcgT1IgT1RIRVIgT0JMSUdBVElPTlMgUkVRVUlSRUQgQlkgU1VDSApDT05UUkFDVCBPUiBBR1JFRU1FTlQuCgpEU1Ugd2lsbCBjbGVhcmx5IGlkZW50aWZ5IHlvdXIgbmFtZShzKSBhcyB0aGUgYXV0aG9yKHMpIG9yIG93bmVyKHMpIG9mIHRoZQpzdWJtaXNzaW9uLCBhbmQgd2lsbCBub3QgbWFrZSBhbnkgYWx0ZXJhdGlvbiwgb3RoZXIgdGhhbiBhcyBhbGxvd2VkIGJ5IHRoaXMKbGljZW5zZSwgdG8geW91ciBzdWJtaXNzaW9uLgo= |