scholarly journals Human Capital-Economic Growth Relationship: Finding the Most Relevant Level of Education in Pakistan

2017 ◽  
Vol 11 (2) ◽  
pp. 140-152 ◽  
Author(s):  
Faisal Sultan Qadri ◽  
Abdul Waheed
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
Level Of Education ◽  
Relevant Level

scholarly journals The Effect of Human Capital, Labors, and Capital on Economic Growth in Barlingmascakeb

2018 ◽  
Vol 13 (2) ◽  
Author(s):  
Rizqia Mutiara Sani ◽  
Herman Sambodo ◽  
Bambang Bambang
Keyword(s):  
Economic Growth ◽  
Time Series ◽  
Human Capital ◽  
Linear Regression ◽  
Life Expectancy ◽  
Secondary Data ◽  
Positive Influence ◽  
Level Of Education ◽  
Central Java ◽  
Central Java Province

The economic growth of Banjarnegara, Purbalingga, Banyumas, Cilacap and Kebumen regencies or known as Barlingmascakeb region is on average lower than the economic growth of Central Java Province. This study aims to analyze the influence of human capital that proxy from level of education and life expectacy, labor, and capital on economic growth in the Barlingmascakeb region. The data used is secondary data, time series starting from 2008-2015. This study uses multiple linear regression. Based on the results of the study it is known that the variable human capital, which is seen from the level of education and life expectancy, labor, capital has a positive influence on economic growth in the Barlingmascakeb region.Keywords: Level of Education, Life Expectancy, Labor, Capital, Economic Growth.

Technical Analysis on Relationships of Human Capital and Economic Growth

2012 ◽  
Vol 253-255 ◽  
pp. 211-214
Author(s):  
Yu Xiao Yan
Keyword(s):  
Higher Education ◽  
Economic Growth ◽  
Human Capital ◽  
Technical Aspect ◽  
Shanxi Province ◽  
Human Capital Development ◽  
Level Of Education ◽  
Tremendous Progress ◽  
Per Capita ◽  
Capital Development

Shanxi province has already made tremendous progress in economics, and human capital development in Shanxi province should be kept as before. This paper attends to analysis that human capital and economic growth is correlated positively in Shanxi province by analysis the data in 30 years before via technical aspect. Improvement per capita level of education, the proportion of higher education, the proportion of secondary and primary education to the population is conducive to economic development. The results of this paper show increasing proportion of the higher education population plays a greater role on economic growth in Shanxi Province.

scholarly journals RURAL HUMAN CAPITAL AS A DETERMINANT OF ECONOMIC DEVELOPMENT

2018 ◽  
Author(s):  
Edyta BOMBIAK ◽  
Adam MARCYSIAK
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
Economic Development ◽  
Rural Communities ◽  
Rural Areas ◽  
Rural Population ◽  
Dominant Negative ◽  
Positive Trend ◽  
Slow Increase ◽  
Level Of Education

Human capital is an economic category which is increasingly applied in the models of economic growth and development. Many studies have demonstrated its positive effect on economic development at the national and regional levels. The level of development of rural areas is also strongly correlated with the human factor. The objective of the study was to carry out a quantitative and qualitative diagnosis of the situation of human capital across rural areas in Poland and to indicate the main challenges associated with the shaping of this capital in the context of economic growth simulation. The method used to meet the objective was a review of source literature and an analysis of statistical data from the Central Statistical Office (GUS) with the application of dynamics and structure indices. In the course of research, it was established that the main trends affecting the situation of human resource capital across rural areas in Poland are: the ageing of the rural population, as a dominant negative trend, and a systematic, though slow, increase in the level of education, as a dominant positive trend. It was determined that unfavorable demographic transformations of rural communities involve the risk of limiting economic activities of the elderly, and at the same time, also a decrease in their economic independence and an increase in the social burden resulting therefrom. On the other hand, the observed rise in the level of education and economic activity may accelerate the beneficial transformations of the area structure of agricultural farms, for it contributes to the acceleration of migration of the rural population to other, non-agricultural professions. In this context, taking actions, both nationally and regionally, aiming at increasing qualifications of rural (including agricultural) populations constitutes a vital opportunity, which increases intellectual potential and competitiveness across the country and its individual regions.

scholarly journals The Currency of Knowledge: Education and economic growth in Latin America

2011 ◽  
Vol 4 (2) ◽  
pp. 1-15
Author(s):  
Andrew Thomas Bosz ◽  
Andrew Anthony Rufatt
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
Latin America ◽  
East Asia ◽  
Brain Drain ◽  
Capital Accumulation ◽  
Labour Force ◽  
Developed Countries ◽  
Economic Prosperity ◽  
Level Of Education

In the early 1960s, Latin America was on the brink of significant economic growth, withschool attainment and income levels well ahead of East Asia. However, by 2000, despitegreater financial and political efforts to develop their education system to the standard offully developed countries, Latin America had already been well surpassed by East Asia. Byconsidering the influence of education and human capital accumulation, this paperendeavours to rationalise the disparities between the economic failures of Latin America bycomparison to the economic prosperity of East Asia. Internationally standardised cognitivetesting consistently shows Latin America below East Asia, indicating a greater quality ofeducation in East Asia. Moreover, Latin America appears to experience some degree ofdifficulty in retaining its human capital due to ‘brain drain’. As such, whilst the LatinAmerican labour force continues to grow, the average level of education is deteriorating,which in turn adversely affects economic prosperity.

scholarly journals Publishing ideas: The factors determining the number of book titles

2018 ◽  
Vol 68 (3) ◽  
pp. 443-466
Author(s):  
Bas van Leeuwen ◽  
Aurelian-Petruş Plopeanu ◽  
Peter Foldvari
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
National Income ◽  
Cultural Development ◽  
The Internet ◽  
Level Of Education

The number of books published in a country reflects its economic, social and cultural development. Yet, all too often, the production of books is looked upon solely in economic terms, i.e. as a part of national income, or as a proxy for human capital which, in turn, might explain economic growth. In this paper, we aim to give books their day in court. Using a dataset with book titles per 1,000 inhabitants for a large number of countries since 1950, we find that the number of titles was mainly driven by the level of education and income in the lower quantiles. The reduction of printing after 1990 was, surprisingly, not caused by a rise in other media, such as the internet, but, mostly, by a reduction in the effect of education in the poorer countries.

Human Capital Accumulation and Resource Abundance

2011 ◽  
pp. 66-77
Author(s):  
O. Vasilieva
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
Capital Accumulation ◽  
Relevant Literature ◽  
Harmful Effect ◽  
Human Capital Accumulation ◽  
Resource Abundance ◽  
Empirical Results ◽  
Theoretical Predictions ◽  
Crowd Out

Does resource abundance positively affect human capital accumulation? Or, alternatively, does it «crowd out» the human capital leading to the deterioration of economic growth? The paper gives an overview of the relevant literature and discusses both theoretical and empirical results obtained regarding the connection between human capital accumulation and resource abundance. It shows that despite some theoretical predictions about the harmful effect of resource abundance on human capital accumulation, unambiguous evidence of such impact that would be robust with respect to the change of resource abundance parameter has not been obtained yet.

THE ROLE OF HUMAN CAPITAL IN GAINING AND SUSTAINING COMPETETIVE ADVANTAGE OF COMPANIES

2018 ◽  
Vol 28 (5) ◽  
pp. 1557-1562
Author(s):  
Visar Ademi
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
Private Sector ◽  
Small Businesses ◽  
Formal Education ◽  
Good Practice ◽  
Education Institution ◽  
Business Community ◽  
Guest Speaker ◽  
Practical Training

In today’s global competitive arena the term “knowledge economy” is no mere slogan. It points to the very real fact that economic activities are increasingly knowledge intensive and that in this globalized world, success will come to those that are able to generate and harness knowledge in order to stay ahead of the pack. Research shows that in economies that do not have sufficient infrastructure, natural resources or may be designed as high cost base locations, comparative advantage has shifted to knowledge-based activities that cannot be transferred around the world without a significant cost. High knowledge and skills based economies will most likely be able to attract and retain investments in industries with a strong future. It is no secret that good education lies at the heart of economic growth and development. At the same time, improving the quality and relevance of education is enormously difficult not least because there is no one single policy measure that will do so effectively.Macedonia is not exclusion to this fact. The Macedonia’s employers and employees face a huge talent management dilemma. Analyses by all relevant institutions (World Bank, NGOs) and interviews with multiple representatives from the private sector companies indicate that while the labor pool is growing (supply side), it does not provide the skills needed by employers (demand side) so, that they could be competitive and further grow in today’s market. Employers are nearly unified in their criticism of an education system that produces graduates with limited practical experience and no soft skills transferable to the workplace. This is largely due to a lack of experiential education, competency based curricula, pragmatic guidance, which fails to meet the needs of the business community. The burden falls most often on employers to provide practical training, usually on the job. While in-company training is good practice, the scale of the skill gap requires a cost and internal training capability that many enterprises cannot afford, creating a disincentive for businesses to hire new employees.The dilemma has impacted job seekers (official unemployment in Macedonia is around 28% as of December 2017) and contributes to lower overall economic growth. It is especially problematic for micro and small enterprises (MSEs), which make up a large proportion of employment in Macedonia. MSE size and limited capacity makes their employees skills, experience and multitasking capabilities that much more critical for growth. Additionally, MSEs often lack the resources necessary to effectively train and maximize the productivity of their staff. As a result, sustained employment growth within Macedonia must include the development of a pipeline of skilled employees for microenterprises, including bolstering the capacity of small businesses to organize and train their workers. On the other side, the formal education institution dislike they way the private sector manages their employees. According to many of them, this is due to the fact that companies believe that their performance in the market is not directly linked with the human capital performance. In addition, education holds to the belief that private sector companies are not engaged enough in creating the next pool of talents in Macedonia. When they are invited to participate in the classrooms as expert of guest speaker, hire or engage students they show little interest. To conclude, the education institution believes that private sector companies in Macedonia consider the investment in human capital as a cost and not an investment.

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