Equality of Opportunity and Human Capital Accumulation: Motivational Effect of a Nationwide Scholarship in Colombia (Igualdad de Oportunidades y Acumulaciin de Capital Humano: Efectos Motivacionales de una Beca de Gran Escala en Colombia)

2018 ◽  
Author(s):  
Rachid Laajaj ◽  
Andres Moya ◽  
Fabio SSnchez Torres
2011 ◽  
pp. 66-77
Author(s):  
O. Vasilieva

Does resource abundance positively affect human capital accumulation? Or, alternatively, does it «crowd out» the human capital leading to the deterioration of economic growth? The paper gives an overview of the relevant literature and discusses both theoretical and empirical results obtained regarding the connection between human capital accumulation and resource abundance. It shows that despite some theoretical predictions about the harmful effect of resource abundance on human capital accumulation, unambiguous evidence of such impact that would be robust with respect to the change of resource abundance parameter has not been obtained yet.


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