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Measuring Human Capital

by Barbara Fraumeni

Academic Press

Paperback 222 pages English July 13, 2021

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Measuring Human Capital addresses a country's most important resource: its own people. Bettering human capital benefits individuals and their country and leads to improved sustainability for the future. For many years economists only used Gross Domestic Product (GDP), now acknowledged to be inadequate without supplemental measures, to gauge a country's overall value. There is now a recognition that many variables contribute to a country's worth, which make accurate measurement difficult. Looking beyond GDP by focusing on human capital, researchers, policymakers, government officials, and students can understand what elements impact human capital and how they might improve it in order to increase economic growth and well-being.
Author:
Barbara Fraumeni
Publisher:
Academic Press
Publication Date:
July 13, 2021
Number of pages:
222 pages
Language:
English
Binding:
Paperback
ISBN-10:
0128190574
ISBN-13:
9780128190579