Sponsor(s): Institute of Latin American Studies (ILAS)
6 issues per year
Current Issue: Issue 05, 2019
Journal official website:http://www.ldmzyj.org/
Journal of Latin American Studies is supervised by Chinese Academy of Social Sciences, and sponsored by Institute of Latin American Studies, Chinese Academy of Social Sciences. It is the only Chinese publication on studies of Latin America’s major practical issues and basic situation, aims to promote the development of Latin American studies in China. Its scope covers theoretical and empirical studies on Latin America’s economy, politics, international relations, culture and education, science and technology, nation, religious, social trend of thought. It has become an essential platform that academic achievements on Latin American studies are to be published and obtained in China. The journal is included in CSSCI.
Song Xiaoping, Cai Tongchang
The motivation for the formation of human capital in Latin America: from the perspectives of wage gap and social distribution equity
Journal of Latin American Studies,2019,Vol 41,No. 05
Taking a number of Latin American countries as the object of study, this paper adopts the analysis framework of human capital formation from the perspectives of wage gap and social distribution equity under the constraint of factor endowment. From the empirical analysis we can draw the following conclusions: first, the increase of capital stock will significantly promote the formation of human capital in Latin American countries; second, countries in this region failed to transform its demographic dividend to talent dividend due to the growing stock of low-skilled labor force; third, the direct effect of the wage gap on human capital formation is positive but insignificant, the possible reason of which is that the wage gap, as a regulatory variable, weakens both the positive effect of material capital on human capital and the negative effect of labor force on human capital; fourth, social distribution equity has a very weak effect on the formation of human capital. Based on these conclusions, the paper proposes some policy recommendations to upgrade the human capital of Latin American countries.