Publication
Open Access

Talent Utilization, a Source of Bias in Measuring TFP

Loading...
Thumbnail Image
License
Full-text via DOI
ISBN
ISSN
1830-7728
Issue Date
Type of Publication
Keyword(s)
LC Subject Heading
Other Topic(s)
EUI Research Cluster(s)
Initial version
Published version
Succeeding version
Preceding version
Published version part
Earlier different version
Initial format
Citation
EUI MWP; 2007/18
Cite
ZOABI, Hosny, Talent Utilization, a Source of Bias in Measuring TFP, EUI MWP, 2007/18 - https://hdl.handle.net/1814/7354
Abstract
This paper analyzes a model of economic growth that explains differences in economic structure across countries. It highlights the interplay between productivity, talents utilization and entrepreneurship incentives. The paper has two main results. First, it argues that when measuring human capital we ignore one dimension, which is ”talents utilization”. It is suggested then that, in development accounting, human capital is inaccurately measured. Second, it shows that the magnitude of talents utilization increases with the level of development. Thus, the paper suggests that talents utilization amplifies differences in productivity and contributes to the explanation of large observed international differences in per capita income.
Table of Contents
Additional Information
External Links
Publisher
Version
Research Projects
Sponsorship and Funder Information