Estimates of Human Capital in Canada

Download or read book Estimates of Human Capital in Canada written by Wulong Gu and published by . This book was released on 2010 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper develops a measure of the component of total wealth derived from the investments made in human development - commonly referred to as human capital - and provides an estimate of the value and composition of Canada's total wealth that includes produced capital, natural capital and human capital. Each of these produces streams of earning that are available to an economy for personal consumption, further investments and support of government programs. The paper focuses on: the sources of human capital growth in Canada; the compositional effect of the aging of the Canadian population on human capital stock; the level of human capital investment and stock relative to physical capital investment and stock; the growth of human capital investment and stock relative to the growth of physical capital investment and stock; and whether the growth and level of human capital investment and stock are sensitive to alternative assumptions adopted for the estimation.--Document.