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Human Capital Accounting in the United States: 1994 to 2006

by U. S. Department of Commerce Bureau of E , Michael S. Christian
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Current price ₹1,436.00
Original price ₹1,544.00
Original price ₹1,544.00
Original price ₹1,544.00
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₹1,436.00
Current price ₹1,436.00

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Book cover type: Paperback
  • ISBN13: 9781288731749
  • Binding: Paperback
  • Subject: N/A
  • Publisher: Bibliogov
  • Publisher Imprint: Bibliogov
  • Publication Date:
  • Pages: 40
  • Original Price: USD 15.75
  • Language: English
  • Edition: N/A
  • Item Weight: 91 grams
  • BISAC Subject(s): General

This paper presents measures of the human capital stock and of investment in human capital for the United States between 1994 and 2006. When both market and non-market production are included, the stock of human capital was equal to about three quarters of a quadrillion dollars in 2006, of which about 70 percent was non-market. The account
breaks down human capital investment among the effects of births, deaths, aging, and education on human capital, as well as a residual effect attributed to (unmeasured) migration. Measures of gross investment in education are found to be very sensitive to counter-factual assumptions; consequently, investment in education is measured net of aging.

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