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Approaches to Measuring the Stock of Human Capital: A Review of Country Practices

Author

Listed:
  • Romina Boarini

    (OECD)

  • Marco Mira d'Ercole

    (OECD)

  • Gang Liu

    (OECD)

Abstract

The paper reviews some national initiatives related to measuring the stock of human capital, indentifies some challenges to be addressed to improve the quality of existing monetary measures of human capital, and suggests developing experimental satellite accounts for education to better understand how human capital is produced and the linkages between education and its non-monetary outcomes.

Suggested Citation

  • Romina Boarini & Marco Mira d'Ercole & Gang Liu, 2012. "Approaches to Measuring the Stock of Human Capital: A Review of Country Practices," OECD Statistics Working Papers 2012/4, OECD Publishing.
  • Handle: RePEc:oec:stdaaa:2012/4-en
    DOI: 10.1787/5k8zlm5bc3ns-en
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    Cited by:

    1. Fulgence Dominick Waryoba, 2017. "Education and Economic Growth: Is Tertiary Education for all Workers Optimal?," Academic Journal of Economic Studies, Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest, vol. 3(4), pages 29-34, December.
    2. Cai-Xia Song & Cui-Xia Qiao, 2023. "Technology Importation, Institutional Environment and Industrial Upgrading: Evidence from China," Journal of Economics / Ekonomicky casopis, Institute of Economic Research, Slovak Academy of Sciences, vol. 71(1), pages 23-45, January.
    3. Jacek LiwiƄski & Emilia Bedyk, 2016. "Does it pay to invest in the education of children?," Ekonomia journal, Faculty of Economic Sciences, University of Warsaw, vol. 47.
    4. Pankaj C. Patel & Yoav Ganzach, 2019. "Returns to balance in cognitive skills for the self-employed: evidence from 18 countries," Small Business Economics, Springer, vol. 52(1), pages 89-109, January.
    5. Gang Liu, 2015. "A stylized satellite account for human capital," Discussion Papers 816, Statistics Norway, Research Department.
    6. Robert Dunn, 2022. "Measuring Human Capital in the UK Economic Accounts: An experimental satellite account," Economic Statistics Centre of Excellence (ESCoE) Discussion Papers ESCoE DP-2022-12, Economic Statistics Centre of Excellence (ESCoE).

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