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Wiley InterScience

The Economic Journal

The Economic Journal

Volume 112 Issue 478, Pages C187 - C200

Published Online: 5 Apr 2002

Journal compilation © 2010 by the Royal Economic Society (Registered Charity No. 231508)



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HUMAN CAPITAL INEQUALITY AND ECONOMIC GROWTH: SOME NEW EVIDENCE
Amparo Castelló & Rafael Doménech
  1 Universitat Jaume I, Castellón, Spain,   2 Universidad de Valencia, Spain
Copyright 2002 Royal Economic Society

ABSTRACT

This paper provides new measures of human capital inequality for a broad panel of countries. Taking attainment levels from Barro and Lee (2001), we compute Gini coefficients and the distribution of education by quintiles for 108 countries over five-year intervals from 1960 to 2000. Using this new cross-country data on human capital inequality two main conclusions are obtained. First, most countries in the world have tended to reduce the inequality in human capital distribution. Second, human capital inequality measures provide more robust results than income inequality measures in the estimation of standard growth and investment equations.


DIGITAL OBJECT IDENTIFIER (DOI)
10.1111/1468-0297.00024 About DOI

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