The impact of human capital on economic growth
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In this paper, the authors tried to reveal the role of human capital as a factor of the growth and argue that the slow investment in human capital should influence the sustainable development of the countries.Abstract:
The EU's 2020 Strategy is focused on three area of growth: smart, sustainable and inclusive that couldn’t be achieved without major contribution of skills, knowledge or value of people, common knew as human capital. It is difficult to believe that these goals could be realized without a good education and training system, a large diffusion of knowledge in manufacturing services, a creative industries and a great effort to create a research-intensive economy. Using a panel methodology, the paper tried to reveal the role of human capital as a factor of the growth and to argue that the slow investment in human capital should influence the sustainable development of the countries.read more
Citations
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Vertical and horizontal integration systems in Industry 4.0
Magdiel Pérez-Lara,Jania Astrid Saucedo-Martínez,Jose Antonio Marmolejo-Saucedo,Tomás Eloy Salais-Fierro,Pandian Vasant +4 more
TL;DR: The research objective is to propose and validate a methodological tool, for evaluating the technological and operational criteria within companies and place them in the right level for a transfer to the new industrial revolution, considering as well the vertical and horizontal systems in Industry 4.0.
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Analyzing long-term empirical interactions between renewable energy generation, energy use, human capital, and economic performance in Pakistan
TL;DR: In this article, the authors investigated the causal interactions between renewable energy generation, aggregated energy use, human capital, and economic performance in Pakistan both in a short-term and long-term test for the period of 1990-2016.
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Does economic growth stimulate energy consumption? The role of human capital and R&D expenditures in China
TL;DR: In this paper, the authors evaluated the link between human capital, energy consumption, and economic growth using data for the Chinese economy from 1971 to 2018 and found that human capital accumulation has a statistically significant negative effect on all types of energy consumption.
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Determinants of Human Capital Development in Africa : a Panel Data Analysis
TL;DR: In this paper, the authors investigated the determinants of human capital development in 33 African countries over a 14-year period from 2000 to 2013, and found that all the variables significantly influence HCD in the long run, whereas the contemporaneous models suggest that only institutions matter.
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Human capital, institutional economics and entrepreneurship as a driver for quality & sustainable economic growth
TL;DR: In this article, the authors explained the four pillars of growth and development namely; human capital, social capital, institutional economics and entrepreneurship as the main drivers of quality and sustainable economic growth.
References
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The mechanics of economic development
Abstract: This paper considers the prospects for constructing a neoclassical theory of growth and international trade that is consistent with some of the main features of economic development. Three models are considered and compared to evidence: a model emphasizing physical capital accumulation and technological change, a model emphasizing human capital accumulation through schooling, and a model emphasizing specialized human capital accumulation through learning-by-doing.
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On the mechanics of economic development
TL;DR: In this article, the authors consider the prospects for constructing a neoclassical theory of growth and international trade that is consistent with some of the main features of economic development, and compare three models and compared to evidence.
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A Contribution to the Empirics of Economic Growth
TL;DR: The authors examined whether the Solow growth model is consistent with the international variation in the standard of living, and they showed that an augmented Solow model that includes accumulation of human as well as physical capital provides an excellent description of the cross-country data.
ReportDOI
Economic Growth in a Cross Section of Countries
TL;DR: For 98 countries in the period 1960-1985, the growth rate of real per capita GDP is positively related to initial human capital (proxied by 1960 school-enrollment rates) and negatively related to the initial (1960) level as mentioned in this paper.
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Growth Empirics: A Panel Data Approach
TL;DR: In this article, a panel data approach is advocated and implemented for studying growth convergence, and the familiar equation for testing convergence is reformulated as a dynamic panel data model, and different panel data estimators are used to estimate it.