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On the Persistence of Human Capital Income and Patent Effects around 1900 on Per capita levels in the 1960’s

Author

Listed:
  • Joerg Baten
  • Kirsten Jaeger

Abstract

We assess the impact of schooling and important patents in 1900 and 1910 on national income in the 1960s. Even controlling for GDP per capita in 1910, we find that both the effects of schooling and important patents were always statistically and economically significant. Growth successes of the 20th century such as Japan or the Scandinavian countries were based on early human capital formation and their propensity to innovativeness.

Suggested Citation

  • Joerg Baten & Kirsten Jaeger, 2009. "On the Persistence of Human Capital Income and Patent Effects around 1900 on Per capita levels in the 1960’s," Brussels Economic Review, ULB -- Universite Libre de Bruxelles, vol. 52(3/4), pages 289-304.
    • Handle: RePEc:bxr:bxrceb:2013/80762
    Note: Numéro Spécial « Vers une nouvelle histoire économique des brevets ?» Editeurs :Claude Diebolt et Karine Pellier
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    More about this item

    Keywords

    Patents; Inventions; Growth;
    All these keywords.

    JEL classification:

    • N10 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - General, International, or Comparative
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives

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