The Economics of Human Resources

abilities according analysis appear in Table aspects assumed assumption calorie capacity capita income capital intensity cation changes Chapter coefficient column conclusion considered consumption function cost of education countries data in Table demand for education demand for labor determined distribution economic theory educa educational system enrollment estimate example exists Explained in text factors final equilibrium growth function of education Harrod-Domar model Hence high school increase increments influence initial conditions initial equilibrium growth inputs intellectual intelligence investment labor force Markov chains means method MIGHIGAN Netherlands nomic number of persons number of students number of teachers nutrition and health observed parameters perfect competition policy maker population possible problem production function proportion of persons psychomotor qualified labor qualified personnel reduced reference relationship Sample Statistics scores Section social socio-economic Source statistical structure Subsection Table VIII-8-1 teachers/students ratios tion total number transition period values variables