Human Capital in China, 1985-2008

Title: Human Capital in China, 1985-2008
Format: Journal Article
Publication Date: June 2013
Description:

We estimated China's human capital stock from 1985 to 2008 based on the Jorgenson–Fraumeni (J–F) lifetime income framework. In order to accommodate the Chinese data and to capture human capital accumulation through both formal education and informal training, we modified the original J–F method by incorporating the Mincer model. We calculated total and per capita human capital stock for different population groups, and studied their trends and dynamics during the course of economic transition. We also constructed Divisia indexes of various orders to evaluate the contribution of different factors to the growth of human capital in China.

Ivan Allen College Contributors:
External Contributors: Yunling Liang, Barbara M. Fraumeni, Zhiqiang Liu, and Xiaojun Wang
Citation:

Li, Haizheng, Yunling Liang, Barbara M. Fraumeni, Zhiqiang Liu, and Xiaojun Wang. "Human Capital in China, 1985-2008). Review of Income and Wealth 59.2 (2013):  212-234.

Categories:
  • Applied Microeconomics
  • Chinese Economy
  • Economic Development
Related Links:
Related Departments:
  • School of Economics