ERIC Number: EJ1200505
Record Type: Journal
Publication Date: 2019
Pages: 17
Abstractor: As Provided
ISBN: N/A
ISSN: ISSN-0964-5292
EISSN: N/A
Sectoral Cognitive Skills, R&D, and Productivity: A Cross-Country Cross-Sector Analysis
Sasso, Simone; Ritzen, Jo
Education Economics, v27 n1 p35-51 2019
We focus on human capital measured by skills and analyse its relationship with R&D investments and productivity across 12 OECD economies and 17 industries. We compute a measure of sectoral human capital defined as the average cognitive skills of the workforce in each country-sector combination. The variation in labour productivity that can be explained by human capital is remarkably large when measured by the sectoral skills, whereas it appears statistically insignificant when measured by the sectoral school attainment. This suggests that using measures of sectoral cognitive skills can represent a major step forward in any future sectoral growth accounting exercise.
Descriptors: Cognitive Ability, Research and Development, Productivity, Cross Cultural Studies, Human Capital, Labor Force, Economic Development, Correlation, Industry, Problem Solving, Literacy, Numeracy, Educational Attainment, Technology, Innovation
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Publication Type: Journal Articles; Information Analyses
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Grant or Contract Numbers: N/A