Methodology for a World Bank Human Capital Index
This paper describes the methodology for a new World Bank Human Capital Index (HCI). The HCI combines indicators of health and education into a measure of the human capital that a child born today can expect to obtain by her 18th birthday, given th...
| Main Author: | |
|---|---|
| Format: | Working Paper |
| Language: | English |
| Published: |
World Bank, Washington, DC
2018
|
| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/300071537907028892/Methodology-for-a-World-Bank-Human-Capital-Index http://hdl.handle.net/10986/30466 |
| id |
okr-10986-30466 |
|---|---|
| recordtype |
oai_dc |
| spelling |
okr-10986-304662022-09-20T00:14:02Z Methodology for a World Bank Human Capital Index Kraay, Aart HUMAN CAPITAL INDEX HUMAN CAPITAL EDUCATION HEALTH DEVELOPMENT ACCOUNTING METHODOLOGY HCI This paper describes the methodology for a new World Bank Human Capital Index (HCI). The HCI combines indicators of health and education into a measure of the human capital that a child born today can expect to obtain by her 18th birthday, given the risks of poor education and health that prevail in the country where she lives. The HCI is measured in units of productivity relative to a benchmark of complete education and full health, and ranges from 0 to 1. A value of x on the HCI indicates that a child born today can expect to be only x x100 percent as productive as a future worker as she would be if she enjoyed complete education and full health. The methodology of the HCI is anchored in the extensive literature on development accounting. 2018-09-28T16:14:35Z 2018-09-28T16:14:35Z 2018-09 Working Paper http://documents.worldbank.org/curated/en/300071537907028892/Methodology-for-a-World-Bank-Human-Capital-Index http://hdl.handle.net/10986/30466 English Policy Research Working Paper;No. 8593 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
HUMAN CAPITAL INDEX HUMAN CAPITAL EDUCATION HEALTH DEVELOPMENT ACCOUNTING METHODOLOGY HCI |
| spellingShingle |
HUMAN CAPITAL INDEX HUMAN CAPITAL EDUCATION HEALTH DEVELOPMENT ACCOUNTING METHODOLOGY HCI Kraay, Aart Methodology for a World Bank Human Capital Index |
| relation |
Policy Research Working Paper;No. 8593 |
| description |
This paper describes the methodology for
a new World Bank Human Capital Index (HCI). The HCI combines
indicators of health and education into a measure of the
human capital that a child born today can expect to obtain
by her 18th birthday, given the risks of poor education and
health that prevail in the country where she lives. The HCI
is measured in units of productivity relative to a benchmark
of complete education and full health, and ranges from 0 to
1. A value of x on the HCI indicates that a child born today
can expect to be only x x100 percent as productive as a
future worker as she would be if she enjoyed complete
education and full health. The methodology of the HCI is
anchored in the extensive literature on development accounting. |
| format |
Working Paper |
| author |
Kraay, Aart |
| author_facet |
Kraay, Aart |
| author_sort |
Kraay, Aart |
| title |
Methodology for a World Bank Human Capital Index |
| title_short |
Methodology for a World Bank Human Capital Index |
| title_full |
Methodology for a World Bank Human Capital Index |
| title_fullStr |
Methodology for a World Bank Human Capital Index |
| title_full_unstemmed |
Methodology for a World Bank Human Capital Index |
| title_sort |
methodology for a world bank human capital index |
| publisher |
World Bank, Washington, DC |
| publishDate |
2018 |
| url |
http://documents.worldbank.org/curated/en/300071537907028892/Methodology-for-a-World-Bank-Human-Capital-Index http://hdl.handle.net/10986/30466 |
| _version_ |
1764472188821307392 |