Abstract

Abstract 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.

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