One of the central problems in managing technological change and maintaining a competitive advantage in business is improving the skills of the workforce through investment in human capital and a variety of training practices. This paper explores the evidence on the impact of training investment on productivity in 14 Canadian industries from 1999…

Human capital investment is a necessary condition for improving labour market outcomes in most countries. Empirical studies to investigate human capital and its linkages on the labour demand side are, however, relatively scarce due to limitations of firm-level data-sets. Using firm-level data from the Thai manufacturing sector, this paper aims to…

Today's school business officials are more aware than ever of the importance of making every dollar count. As they scour their budgets for possible savings, they may be tempted to reduce investment in school infrastructure, perhaps by deferring maintenance, renovations, and replacement of outdated facilities. However, school business officials…

The share of female teachers in the U.S. with an MA more than doubled between 1970 and 2000. This increase is puzzling, as it is much larger than that of other college-educated women, and it occurred over a period of declining teacher aptitude. I estimate the contribution of changes in teacher demographic characteristics, increases in the returns…

The U.S. military services send officers to graduate schools each year to pursue advanced degrees, primarily to fill billet requirements later. This can be costly, including such things as tuition, housing, and pay but also the opportunity cost of the officer not filling an operational billet. Participation in such a program incurs specific…

Complete College America and FutureWorks conducted an analysis of certificate production, the value of the certificate program, and the economic benefit it provides to the region and nation. The conclusion, based on labor market demand and both personal and economic returns, is that certificates count and the policy and trends around certificates…

Greg Duncan, Jens Ludwig, and Katherine Magnuson explain how providing high-quality care to disadvantaged preschool children can help reduce poverty. In early childhood, they note, children's cognitive and socioemotional skills develop rapidly and are sensitive to "inputs" from parents, home learning environments, child care settings, and the…

Without attempting to be comprehensive, this bibliography lists over 150 government documents, private publications, and journal articles on manpower and human resources, selected as representative works in the interdisciplinary field of human resources. Areas covered include: (1) general works, (2) investment in human capital, (3)…

In this paper, the author looks at the contribution of education to economic growth and examines the desirability of public vs private financing of education from the standpoint of economic efficiency and equity. The author sees expenditures on education as an investment in human capital, the contribution to output of such an investment depending…

Discusses the overall efficiency of investment in primary and secondary education and technology transfer via investment both in physical capital and higher education in 30 of the poorest African countries. A high (21.2 percent) rate of return to investment in primary and secondary education was found. Includes six tables and 20 references. (MLH)

To aid in the development and validation of a cost analytic model for Air Force on-the-job training (OJT), this report reviews the literature on the economics of education and training through mid-1976 inclusively. The first two of the four parts in the document provide narrative discussions of the literature, and the last two contain the…

Three strategic effects on the rates of return to vocational and technical education (VOTEC) are considered: (1) the availability of complementary inputs such as general education; (2) the capacity of VOTEC to teach continuing adaptation to technical change; and (3) economies of scale that can be realized. (26 references) (MLF)

The use of a mathematical model supported by empirical findings had developed a method of cost effectiveness that can be used in evaluations between educational objectives and goals. Educational time allocation can be studied and developed into a micro-level economic theory of decision. Learning has been defined as increments which can be…

This study estimated rates of return to public investments in human and research capital (formal schooling and extension and vocational agricultural education) in the United States agricultural industry. (Southern states were excluded because of demographic and educational factors that would have biased the variables.) Output per farm was defined…

This work was intended as a contribution to the theory of the nonprofit organization, local public finance, and human resources. There is a discussion of approaches to evaluating school systems, the validity of any of which depends upon prior knowledge of the resource-performance relationship, or the educational production function. A case study…