Human Capital and Economic Growth

Human Capital and Economic Growth
Author: Andreas Savvides
Publisher: Stanford University Press
Total Pages: 336
Release: 2008-10-10
Genre: Business & Economics
ISBN: 0804769761

This book provides an in-depth investigation of the link between human capital and economic growth. The authors take an innovative approach, examining the determinants of economic growth through a historical overview of the concept of human capital. The text fosters a deep understanding of the connection between human capital and economic growth through the exploration of different theoretical approaches, a review of the literature, and the application of nonlinear estimation techniques to a comprehensive data set. The authors discuss nonparametric econometric techniques and their application to estimating nonlinearities—which has emerged as one of the most salient features of empirical work in modeling the human capital-growth relationship, and the process of economic growth in general. By delving into the topic from theoretical and empirical standpoints, this book offers an insightful new view that will be extremely useful for scholars, students, and policy makers.

Human Capital

Human Capital
Author: Ararat L. Osipian
Publisher:
Total Pages: 35
Release: 2007
Genre:
ISBN:

This study analyses the role and impact of higher education on per capita economic growth in the Former Soviet Bloc. It attempts to estimate the significance of educational levels for initiating substantial economic growth that now takes place in these two countries. This study estimates a system of linear and log-linear equations that account for different time lags in the possible impact of higher education on economic growth. The results indicate that an increase in access of population to higher education brings positive results for the per capita GDP growth in the long term. Increasing the number of college-educated specialists leads to sustainable economic growth. Apparently, background for the 2000-2005 rapid economic growth in Ukraine and in the Russian Federation was laid down in early 1990s. This contradicts commonly accepted perception about the crisis decade of 1990s in the former Soviet Bloc. (Contains 16 tables, 4 figures, and 8 appendices.).

Human Capital and Economic Growth

Human Capital and Economic Growth
Author: Alberto Bucci
Publisher: Springer Nature
Total Pages: 384
Release: 2019-11-26
Genre: Business & Economics
ISBN: 3030215997

This edited collection explores the links between human capital (both in the form of health and in the form of education), demographic change, and economic growth. Using empirical as well as theoretical perspectives, the authors investigate several important issues in the context of human capital, namely population ageing, inequality, public policy, and long-term economic development. Ultimately, they demonstrate that the accumulation of human capital is of crucial importance to long-run economic growth.

Human Capital and Economic Growth Nexus

Human Capital and Economic Growth Nexus
Author: Abdullahi Badiru
Publisher:
Total Pages:
Release: 2017
Genre:
ISBN:

This paper examines human capital and economic growth nexus in Nigeria using the Solow growth theory. The auto-regressive distributed lag approach to co-integration was used to determine the existence of co-integration among variables.The long-run result suggests a significant positive relationship between human capital and economic growth. Also, the result provides an evidence of a long-run negative relationship between economic growth and government expenditure on education sector in Nigeria while a positive relationship exists between economic growth and government expenditure on health sector. The result further reveals that, no joint causality exists between human and physical capital, labour force and growth in the short-run. We conclude by advocating for fiscal and economic policy that would ensure adequate government spending on the education and health sector that should have direct and positive effect on human capital and also create jobs for the jobless labour force in Nigeria.

ICT for an Inclusive World

ICT for an Inclusive World
Author: Youcef Baghdadi
Publisher: Springer Nature
Total Pages: 597
Release: 2020-01-30
Genre: Computers
ISBN: 3030342697

This book discusses the impact of information and communication technologies (ICTs) on organizations and on society as a whole. Specifically, it examines how such technologies improve our life and work, making them more inclusive through smart enterprises. The book focuses on how actors understand Industry 4.0 as well as the potential of ICTs to support organizational and societal activities, and how they adopt and adapt these technologies to achieve their goals. Gathering papers from various areas of organizational strategy, such as new business models, competitive strategies and knowledge management, the book covers a number of topics, including how innovative technologies improve the life of the individuals, organizations, and societies; how social media can drive fundamental business changes, as their innovative nature allows for interactive communication between customers and businesses; and how developing countries can use these technologies in an innovative way. It also explores the impact of organizations on society through sustainable development and social responsibility, and how ICTs use social media networks in the process of value co-creation, addressing these issues from both private and public sector perspectives and on national and international levels, mainly in the context of technology innovations.

Measuring Human Capital

Measuring Human Capital
Author: Barbara Fraumeni
Publisher: Academic Press
Total Pages: 222
Release: 2021-07-12
Genre: Business & Economics
ISBN: 0128190582

Measuring Human Capital addresses a country’s most important resource: its own people. Bettering human capital benefits individuals and their country and leads to improved sustainability for the future. For many years economists only used Gross Domestic Product (GDP), now acknowledged to be inadequate without supplemental measures, to gauge a country’s overall value. There is now a recognition that many variables contribute to a country’s worth, which make accurate measurement difficult. Looking beyond GDP by focusing on human capital, researchers, policymakers, government officials, and students can understand what elements impact human capital and how they might improve it in order to increase economic growth and well-being. Addresses six major measures of human capital, covering at least 130 countries Describes both monetary and index estimates Includes two monetary measures by the World Bank and the Inclusive Wealth Report by UNEP and the Urban Institute of Kyushu University Includes four index measures by the Institute for Health Metrics and Evaluation of the University of Washington, United Nations Development Programme, World Economic Forum, and World Bank Includes two country chapters, one on China and the other on the United States

Health and Economic Growth

Health and Economic Growth
Author: Guillem López i Casasnovas
Publisher: MIT Press
Total Pages: 399
Release: 2005
Genre: Economic development
ISBN: 9780262122764

Leading international researchers offer theoretical and empirical microeconomic and macroeconomic perspectives on the ways a population's health status affects a country's economic growth.

Economic Growth and Financial Development

Economic Growth and Financial Development
Author: Muhammad Shahbaz
Publisher: Springer Nature
Total Pages: 245
Release: 2021-09-21
Genre: Business & Economics
ISBN: 3030790037

This book looks into the relationship between financial development, economic growth, and the possibility of a potential capital flight in the transmission process. It also examines the important role that financial institutions, financial markets, and country-level institutional factors play in economic growth and their impact on capital flight in emerging economies. By presenting new theoretical insights and empirical country studies as well as econometric approaches, the authors focus on the relationship between financial development and economic growth with capital flight in the era of financial crisis. Therefore, this book is a must-read for researchers, scholars, and policy-makers, interested in a better understanding of economic growth and financial development of emerging economies alike.

The Contribution of Human Capital towards Economic Growth in China

The Contribution of Human Capital towards Economic Growth in China
Author: John Joshua
Publisher: Springer
Total Pages: 315
Release: 2015-06-30
Genre: Business & Economics
ISBN: 1137529369

This book develops a human capital model to explain transformational growth within different stages of economic development, which will induce technological changes and consequently will require a change in human capital. China is a case study in transition and can provide useful lessons to other emerging economies.