File:Figure 6.4 Value added by skilled labor as function of GDP per capita Source- Barry Hughes..png

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Figure_6.4_Value_added_by_skilled_labor_as_function_of_GDP_per_capita_Source-_Barry_Hughes..png(714 × 398 pixels, file size: 86 KB, MIME type: image/png)

How do we know that an absence of skilled labor in the poorest countries is an exaggeration? In addition to common sense, it can be seen from the GTAP data on the income share of skilled labor in Figure 6.4. That shows that they obtain a substantial share of value added even at the lowest levels of GDP per capita. The two cross-sectional plots in Figures 6.4 and 6.5 show the shares of value added accruing to skilled and unskilled labor, respectively.

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19:13, 10 May 2023
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