POPULATION & ECONOMICS. Divisia. Urbanization Aging Education and Human Capital Based on Divisia Analysis

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1 POPULATION & ECONOMICS No Tot. No. 200 Divisia Divisia 1986 ~ 2008 Divisia Divisia 1994 Divisia C921 A YJRC Urbanization Aging Education and Human Capital Based on Divisia Analysis LIANG Yun-ling 1 JIA Na 2 1. School of Business China University of Petroleum Beijing China 2. China Center for Human Capital and Labor Market Research Central University of Finance and Economics Beijing China Abstract We investigate the effects of education urbanization and aging on human capital using the approach of construction and decomposition of Divisia indices. We find that the Divisia indices based on education and location grow faster than those based on gender and age with the rapid expand of education and urbanization from 1986 to Through the decomposition the contribution of education and urbanization is bigger than that of gender and age especially after the 63

2 year of The various groups contribute to human capital differently. The contribution of cohorts with primary and junior middle schooling decreases while the higher education has a rising contribution to the human capital growth. Keywords Divisia index education urbanization aging human capital 1 2 ~ 4 5 ~ % 1 8 ~ ~ ~ Divisia Divisia Jorgenson-Fraumeni 22 Divisia 1 64

3 Divisia Divisia Jorgenson-Fraumeni Divisia Divisia 23 DlnK = s e a l v珋 s e a l dlnl s e a l 1 K L s e a l s e a l d dlnk = lnk t - lnk t - 1 Mi s e a l v珋 s e a l = 1 2 v s e a l t + v s e a l t - 1 v s e a l = 3 s e a l Mi s e a l Mi s e a l Jorgenson-Fraumeni b MItg t = t bdlnk t b Divisia MIQ t = exp MItg t MI b MI b Jorgenson-Fraumeni Divisia Divisia Divisia dlnk e = e 珋 v e dlnl e 6 v珋 e = 1 2 v Mi e e y + v e y - 1 v e = 7 e Mi e Divisia v珋 e a dlnk e a = e a v珋 e a dlnl e a = 1 2 v e a y + v e a y - 1 v e a = Mi e a Divisia 1 2 e a Mi e a Divisia dlnq e dlnq e = dlnk e - dlnl b Divisia Divisia 65

4 Divisia dlnq e a dlnq e a = dlnk e a dlnl - dlnq e - dlnq a 11 dlnq s a e l = dlnk - dlnl - dlnq s a e - dlnq s a l - - dlnq s a - dlnq s e - - dlnq s - dlnq a - dlnq e - dlnq l 12 dlnk - dlnl = dlnq s a e l + dlnq s a e + dlnq s a l + + dlnq s a + dlnq s e + + dlnq s + dlnq a + dlnq e + dlnq l Divisia Divisia Divisia dlnk male = Σ s = male Σ e Σ a Σ l 珋 v s e a l dlnl s e a l dlnk female = Σ s = female Σ e Σ a Σ l v珋 s e a l dlnl s e a l Divisia ~ Divisia Divisia 1. Divisia Divisia ~ ~ % Divisia 0. 64% % 1 Divisia

5 Divisia 1. 66% 1. 49% Divisia Divisia Divisia Divisia 1999 Divisia 2 2 Divisia % 1986 ~ ~ ~ ~ % ~ Divisia % 1986 ~ ~ ~ % 1. 04% % 45% 39%

6 4 % 1986 ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ 25 0 ~ % % Divisia 1986 ~ % Divisia Divisia Divisia Divisia

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