Cost‐ and Income‐based Measures of Human Capital
综述了基于成本和收入两种人力资本度量方法，批判性回顾了相关理论及其在多国数据中的应用，并展示了基于Jorgenson和Fraumeni方法的新西兰新结果。
Human capital is increasingly believed to play an important role in the growth process, however, adequately measuring its stock remains controversial. In this paper three general approaches to measurement are identified; cost‐based, income‐based and educational stock‐based. This survey focuses on the first two approaches and provides a critical review of the theories and their applications to data from a range of countries. Particular emphasis is placed upon the work of Jorgenson and Fraumeni (1989, 1992) and some new results for New Zealand based upon their approach are also presented.