Munich Personal RePEc Archive

Education and labour productivity in New Zealand

Razzak, Weshah and Timmins, Jason (2007): Education and labour productivity in New Zealand. Forthcoming in: Applied Economics Letters

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Abstract

We estimate the effect of four types of education qualifications, as a proxy for human capital and skill levels, on GDP per capita, and compute the average percentage returns. We also test the effect of the product of each proxy of human capital with R&D on GDP per capita. We find that only university qualification and its product with R&D to have a positive effect on the average economy-wide productivity.

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