%0 Journal Article
%T Human Capital Externalities and Growth
%A Arteaga Cabrales
%A Carolina
%J Ensayos sobre POL¨ªTICA ECON¨®MICA
%D 2011
%I Scientific Electronic Library Online
%X this paper provides evidence of positive externalities in human capital that help to explain divergences in development worldwide. we estimate the supply and demand for human capital using a five-year panel involving 60 countries, covering the period 1980-2000, and found that there exists positive externalities in human capital accumulation close to one. this translates into increasing returns to scale and increasing marginal returns in human capital.
%K economic growth
%K human capital
%K externalities.
%U http://www.scielo.org.co/scielo.php?script=sci_abstract&pid=S0120-44832011000300002&lng=en&nrm=iso&tlng=en