The Human Capital Stock: A Generalized Approach: Reply
回应了关于人力资本跨国差异测量方法的争论,澄清了不同核算方法的关键假设和概念区别,指出支持小差异的核算论点难以成立,而大差异在理论和实证上更合理,并提出了整合思想、制度与核算的研究方向。
Human capital differences across countries can appear large or small depending on measurement methods. This Reply clarifies key assumptions and conceptual distinctions across accounting approaches. Accounting-based arguments for small human capital differences are difficult to sustain. By contrast, large human capital differences are theoretically and empirically coherent. Non-accounting arguments against large human capital variation are examined and their weaknesses pinpointed. This Reply also suggests a fruitful way forward for this literature, providing a natural conception of human capital that integrates literatures on ideas and institutions with the accounting of Jones (2014).