Page of

The Relation among Human Capital, Productivity, and Market Value

The Relation among Human Capital, Productivity, and Market Value

Building Up from Micro Evidence

Chapter:
(p.153) 5 The Relation among Human Capital, Productivity, and Market Value
Source:
Measuring Capital in the New Economy
Author(s):
John M. AbowdJohn HaltiwangerRon JarminJulia LanePaul LengermannKristin McCueKevin McKinneyKristin Sandusky
Publisher:
University of Chicago Press
DOI:10.7208/chicago/9780226116174.003.0006

This chapter explores new micro-based measures of human capital and the connections among human capital, productivity and market value. The analysis of measures of human capital and productivity reveals strong positive links in the microdata that differ according to the component of human capital used. The most-skilled workers have a disproportionate positive impact on productivity and the least-skilled workers have a disproportionate negative impact on productivity. The findings also suggest that human capital is closely connected to intangible capital.

Keywords:   human capital, productivity, market value, microdata, intangible capital

Sign In

Copyright © 2021. All rights reserved.
Privacy Policy and Legal Notice