Statements on the Data
1. The results are based on the Jorgenson-Fraumeni (J-F) lifetime income method, and we use the Mincer equation to estimate income.
2. The discount rate is 4.58% which from OECD for results here.
3. We use year 1985 as base year and use CPI as deflator to calculate the national and province real values. In order to the comparability between provinces, we use LCI as deflator to calculate the province real values in "Cross-province Comparison" parts. We use Beijing urban 1985 as the base year to calculate LCI.
4. Our results are calculated for both 5 and 6 education categories. The 5 education categories are nosch, primay, junior, senior, college and above.
5. The “labor force human capital” refers to the non-retired population aged 16 and above. In the report 2016, labor force human capital doesn’t contain human capital for students.
6. The results of the national level and the provincial level are not directly comparable due to different micro-sample used in estimating the Mincer model.
7. According to the data privacy regulations in Taiwan and Hong Kong, we only offer the results of total human capital, total labor force human capital, per capita human capital and per labor capita human capital of Taiwan and Hong Kong.
8. The national and provincial physical capital index results are based on hyperbolic method and net wealth method.
9. Compare to last year, we use the corrected data from random check year 1985, 1995 and 2005 when calculate labor force status. In the mean time, we still provide the calculation results using original source data.
10. To ensure the briefness of the database, we decide that certain amount of data would not be uploaded. You can ask the project members for the data if you need. The contact information is as follow.
If you have any questions on the data, please contact:
Hongbin Pan: panhongbin@hotmail.com