Honors Theses
Date of Award
2015
Document Type
Undergraduate Thesis
Department
Croft Institute for International Studies
First Advisor
Joshua Hendrickson
Relational Format
Dissertation/Thesis
Abstract
Understanding a country's human capital externalities is an important part of understanding economic phenomena and implementing national economic policy. However, externalities are difficult to estimate. Measurement error can cause a misinterpretation of economic models and result in misguided policies. The two methods of calculating human capital externalities are the Mincer Equation and Constant-Composition approach. The author estimates human capital externalities in Mexico with the Constant-Composition approach because the Mincer approach often finds externalities where none are present. Using the Constant-Composition method, the author finds no indication of human capital externalities in Mexico.
Recommended Citation
Dawson, Lorin D., "Human Capital in Mexico: Estimating Externalities with the Constant-Composition Approach" (2015). Honors Theses. 592.
https://egrove.olemiss.edu/hon_thesis/592
Accessibility Status
Searchable text
Comments
A thesis presented in partial fulfillment of the requirements for completion of the Bachelor of Arts degree in International Studies from the Croft Institute for International Studies and the Sally McDonnell Barksdale Honors College.