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Replication data for: Human Capital Formation, Life Expectancy, and the Process of Development

Version
1
Resource Type
Dataset
Creator
  • Cervellati, Matteo
  • Sunde, Uwe
Publication Date
2005-12-01
Description
  • Abstract

    We provide a unified theory of the transition in income, life expectancy, education, and population size from a nondeveloped environment to sustained growth. Individuals optimally trade off the time cost of education with its lifetime returns. Initially, low longevity implies a prohibitive cost for human capital formation for most individuals. A positive feedback loop between human capital and increasing longevity, triggered by endogenous skill-biased technological progress, eventually provides sufficient returns for widespread education. The transition is not based on scale effects and induces population growth despite unchanged fertility. A simulation illustrates that the dynamics fit historical data patterns.
Availability
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Relations
  • Is supplement to
    DOI: 10.1257/000282805775014380 (Text)
Publications
  • Cervellati, Matteo, and Uwe Sunde. “Human Capital Formation, Life Expectancy, and the Process of Development.” American Economic Review 95, no. 5 (November 2005): 1653–72. https://doi.org/10.1257/000282805775014380.
    • ID: 10.1257/000282805775014380 (DOI)

Update Metadata: 2020-05-18 | Issue Number: 2 | Registration Date: 2019-12-06

Cervellati, Matteo; Sunde, Uwe (2005): Replication data for: Human Capital Formation, Life Expectancy, and the Process of Development. Version: 1. ICPSR - Interuniversity Consortium for Political and Social Research. Dataset. https://doi.org/10.3886/E116072V1