scholarly journals Evaluating the Impact of Remittances on Human Capital Investment in the Kyrgyz Republic

2021 ◽  
Author(s):  
Xin Gao ◽  
Aiko Kikkawa ◽  
Jong Kang
Keyword(s):  
Human Capital ◽  
Capital Investment ◽  
Human Capital Investment ◽  
Kyrgyz Republic ◽  
The Impact

scholarly journals Evaluating the Impact of Remittances on Human Capital Investment in the Kyrgyz Republic

2021 ◽  
Author(s):  
Xin Gao ◽  
Aiko Kikkawa ◽  
Jong Woo Kang
Keyword(s):  
Human Capital ◽  
Capital Investment ◽  
Durable Goods ◽  
Empirical Studies ◽  
Human Capital Investment ◽  
School Age Children ◽  
Farm Labor ◽  
School Age ◽  
Kyrgyz Republic ◽  
The Impact

Remittances from overseas can encourage human capital investment, but empirical studies have shown mixed evidence. This paper uses a 5-year panel dataset in the Kyrgyz Republic to examine the impact of remittances on the human capital formation of school-age children. After correcting for endogeneities with instrumental variables, the study finds that remittances have negative impacts on educational achievement. Extended hours of farm labor by children and increased expenditure on durable goods are identified among recipient households. To mitigate negative effects of remittances on children’s learning, the findings call for actions such as financial literacy education and better monitoring of farm labor hours of school-age children.

scholarly journals The Impact of Investment in Human Capital on the Exports of Goods and Services

2021 ◽  
Vol 2 (2) ◽  
pp. 161-192
Author(s):  
Samina Siddique ◽  
Zafar Mahmood ◽  
Shabana Noureen
Keyword(s):  
Human Capital ◽  
Capital Investment ◽  
Human Capital Investment ◽  
Developed Countries ◽  
Business Environment ◽  
Least Square ◽  
Goods And Services ◽  
Foreign Countries ◽  
The Impact

With the growth of services economy worldwide, it has become essential for policymakers to comprehend the export competitiveness of nations to identify offshore export locations or alternatively offer their own sites as an exporting location. Human capital investment is considered as a key component in attracting foreign countries for outsourcing purposes. Earlier studies have shown mixed role of human capital investment on off shoring activities. This study assesses the effects of control variables (business environment, wages and IT infrastructure) and human capital investment on export of goods and services from the selected Asian outsourcing countries. Panel Estimated Generalized Least Square (EGLS) technique is used with country weights to specifically overcome the problem of autocorrelation. Empirical findings show that investment in human capital is significant for both goods and services exports. We found a large impact of human capital investment on exports of goods and services in selected Asian countries as compared to selected developed countries. Empirical findings further suggest that human capital is more essential for export of goods than export of services. From these findings, the study draws important implications for policymaking in countries who intend to offer themselves as an attractive location for exporting and for those who intend to locate their production activities overseas.

scholarly journals SALESPERSON HUMAN CAPITAL INVESTMENT AND HETEROGENEOUS EXPORT ENTERPRISES PERFORMANCE

2018 ◽  
Vol 19 (4) ◽  
pp. 609-629
Author(s):  
Yongliang Zhao ◽  
Weihua Ruan ◽  
Yonghong Jiang ◽  
Junnan Rao
Keyword(s):  
Human Capital ◽  
Capital Investment ◽  
Export Performance ◽  
Human Capital Investment ◽  
Significant Positive Effect ◽  
Sales Managers ◽  
Management Level ◽  
The Impact ◽  
Positive Effect ◽  
Staff Level

This paper aims to study the impact of salesperson human capital investment on the export performance of heterogeneous enterprises in China. To distinguish the different effects on the staff level and the management level, we define the human capital investment for the overall salespersons as human capital investment I and the human capital investment for the sales managers as human capital investment II, respectively measured by the salary of the ordinary salespersons and the ratio of expenses to sales. We find that human capital investment I has a significant positive effect on export performance, while human capital investment II shows a “positive U-shaped” relationship with export performance. Considering the heterogeneity of enterprise, the positive effect of human capital investment I is more significant than that of human capital investment II in enterprises with high R&D intensity. Moreover, with the improvement of technology intensity, both the promotion of human capital investment I and human capital investment II would generate greater influence on export performance.

scholarly journals THE EFFECT OF HOTELS' TRAINING ON OVERNIGHTS, REGIONAL GROWTH AND EMPLOYMENT

2015 ◽  
pp. 213-222
Keyword(s):  
Human Capital ◽  
Capital Investment ◽  
Regional Growth ◽  
Human Capital Investment ◽  
Added Value ◽  
Potential Growth ◽  
Positive Externalities ◽  
Hotel Performance ◽  
The Impact

The role of human capital and, more specifically, the role of on the job training, has been widely analysed in the economic literature. Moreover, in the field of hospitality and tourism some studies focus on the relationship between training and hotel performance. This paper goes beyond this goal. It analyses the role of training on the hotel occupancy but, furthermore, it measures the impact of this human capital investment on the growth of a region, measured in terms of production, added value and employment. It combines both, microeconomic data from a database of two hundred hotels and the macro perspective of the Balearic Input-Output table, allowing measurement of the positive externalities that human capital investment in the hotel sector generates through the rest of the economy. Results show a positive and significant impact on potential growth and employment that goes beyond the strictly tourism-related sectors. In terms of policy recommendations, this work gives meaning to the promotion of public policies encouraging training practices at hotel level.

scholarly journals Capital Structure Impact On The Human Capital Investment: Eastern European Countries Case

2021 ◽  
Vol 9 (8) ◽  
pp. 235-252
Author(s):  
Imen KHOUJA ◽  
Sina BELKHIRIA ◽  
Ons TLILI
Keyword(s):  
Human Capital ◽  
Capital Structure ◽  
Capital Investment ◽  
Investment Decision ◽  
Human Capital Investment ◽  
Bank Loans ◽  
European Countries ◽  
Eastern European ◽  
Eastern European Countries ◽  
The Impact

Among growth factors of a company, its human capital, because of its hardly imitable trait. However, investing in human capital is intangible and risky, which makes its funding arduous. This article considered the impact of the company’s capital structure on the human capital investment decision through training using probit regressions. Among a sample of SMEs from 24 Eastern European countries, the results confirmed that bank loans foster trainings. However, an increase in self-financing slows down such investments.

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