Abstract = {This paper offers new evidence on the sources of cross-country income
    differences. It exploits the idea that observing immigrant workers
    from different countries in the same labor market provides an opportunity
    to estimate their human-capital endowments. These estimates suggest
    that human and physical capital account for only a fraction of cross-country
    income differences. For countries below 40 percent of U.S. output
    per worker, less than half of the output gap relative to the United
    States is attributed to human and physical capital. (JEL O15, O41,
    Author = {Hendricks, Lutz},
    Copyright = {Copyright � 2002 American Economic Association},
    Issn = {00028282},
    Journal = {The American Economic Review},
    Jstor_Articletype = {primary_article},
    Jstor_Formatteddate = {Mar., 2002},
    Number = {1},
    Pages = {198--219},
    Publisher = {American Economic Association},
    Title = {How Important Is Human Capital for Development? Evidence from Immigrant Earnings},
    Url = {http://www.jstor.org/stable/3083328},
    Volume = {92},
    Year = {2002},
    Bdsk-Url-1 = {http://www.jstor.org/stable/3083328}}