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The Stock of Human Capital in the UK 1975: A Preliminary Estimate

In: The Measurement of Capital

Author

Listed:
  • E. R. Chang

    (Universities of Southampton and Zagazig)

  • K. Hilton

    (Universities of Southampton and Zagazig)

  • H. A. Yaseen

    (Universities of Southampton and Zagazig)

Abstract

From the broadest and most general point of view ‘a nation’s wealth consists of all its sources that contribute to output’ (NBER, 1964). As such, both human and non-human resources are included in the concept of national wealth. Human beings provide varying contributions to output depending upon their precise characteristics, or skills, many of which may be induced by ‘investment’ expenditure.

Suggested Citation

  • E. R. Chang & K. Hilton & H. A. Yaseen, 1979. "The Stock of Human Capital in the UK 1975: A Preliminary Estimate," Palgrave Macmillan Books, in: K. D. Patterson & Kerry Schott (ed.), The Measurement of Capital, chapter 7, pages 198-211, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-04127-5_8
    DOI: 10.1007/978-1-349-04127-5_8
    as

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