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Income and Human Capital: the Case of Buenos Aires in the Mid-19th Century

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URI: https://hdl.handle.net/10016/31607
ISSN: 0212-6109
ISSN: 2041-3335 (online)
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RHE-JILAEH_VSI-2020_Newland-SanSegundo.pdf (365.57 KB)
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2020
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Abstract
In this paper a contrast of the theory of human capital based on a sample corresponding to the city of Buenos Aires in 1852 is carried out. This is one of the rare cases in which the information necessary to construct income equations for the 19th century has been obtained. Among the conclusions of this analysis, the absence of a relationship between wages and literacy is noteworthy. On the other hand, for property owners a significant relationship between education and income is observed. These results are interpreted and compared with those obtained in studies referring to other regions for the same period.
En este trabajo se efectúa una contrastación de la teoría del capital humano utilizando para ello una muestra correspondiente a la ciudad de Buenos Aires en 1852. Este es uno de los raros casos en que para el siglo XIX se ha obtenido la información necesaria para construir ecuaciones de ingresos. Entre las conclusiones del análisis destaca la ausencia de relación entre salarios y alfabetización. En cambio, para los propietarios se observa una relación significativa entre educación y renta. Estos resultados son interpretados y comparados con los obtenidos en estudios referidos a otras regiones en la misma época.
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Capital humano, Ecuación de ingresos, Buenos Aires, Siglo XIX, Human capital, Income equations, 19th century
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Revista de Historia Económica / Journal of Iberian and Latin American Economic History (Second Series) / Virtual Special Issue / 2020, 16 p.
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RHE 2020 - Virtual Special Issue