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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

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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

Human Capital and Economic Growth
Author: Andreas Savvides
Publisher: Stanford University Press
Total Pages: 256
Release: 2008-10-10
Genre: Business & Economics
ISBN: 0804769761

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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.


Investment in Women's Human Capital

Investment in Women's Human Capital
Author: T. Paul Schultz
Publisher: University of Chicago Press
Total Pages: 474
Release: 1995-06-15
Genre: Business & Economics
ISBN: 9780226740874

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How are human capital investments allocated between women and men? What are the returns to investments in women's nutrition, health care, education, mobility, and training? In thirteen wide-ranging and innovative empirical analyses, Investment in Women's Human Capital explores the nature of human capital distributions to women and their effect on outcomes within the family. Section I considers the experiences of high-income countries, examining the limitations of industrialization for the advancement of women; returns to secondary education for women; and state control of women's education and labor market productivity through the design of tax systems and the public subsidy of children. The remaining four sections investigate health, education, household structure and labor markets, and measurement issues in low-income countries, including the effect of technological change on transfers of wealth to and from children in India; women's and men's responses to the costs of medical care in Kenya; the effects of birth order and sex on educational attainment in Taiwan; wage returns to schooling in Indonesia and in Cote d'Ivoire; and the increasing prevalence of female-headed households and the correlates of gender differences in wages in Brazil.


Human Capital and Development

Human Capital and Development
Author: Ju-Ho Lee
Publisher: Edward Elgar Publishing
Total Pages: 328
Release: 2018
Genre:
ISBN: 1786436973

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During recent decades, Korea has been one of only a handful of countries that have made the successful transformation to become a developed nation by simultaneously achieving persistent economic growth combined with a democratic political system. Experts and political leaders worldwide have attributed this achievement to investments in people or, in other words, the power of education. Whilst numerous books have highlighted the role of industrial policies, technological growth, and international trade in Korea’s development process, this is one of the first to focus on the role of human capital. It shows how the accumulation of human capital aided transformation and helps explain the policies, strategies and challenges that Korea faces now and in the future.


Investing in Human Capital for Economic Development in China

Investing in Human Capital for Economic Development in China
Author: Gordon G. Liu
Publisher: World Scientific
Total Pages: 422
Release: 2010
Genre: Political Science
ISBN: 9812814418

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This book is a reflection of the current research that explores the mechanism, dynamics and evidence of the impact of human capital on economic development and social well-being in modern China. Composed of keynote speeches and selected papers from The 2005 International Conference of the Chinese Economists Society (www.china-ces.org), it tracks the latest understanding and empirical evidence of the relationships amongst health, education and economic development in China. The book presents a broad spectrum of study topics covering human capital and economic growth; demand, attainment and disparity in both education and health; and investing in human capital and the economic and social returns in China. Distinguished contributors include Robert Fogel, Michael Grossman, Daniel Hamermesh, Gregory Chow and Dean Jamison.


OECD Insights Human Capital How what you know shapes your life

OECD Insights Human Capital How what you know shapes your life
Author: Keeley Brian
Publisher: OECD Publishing
Total Pages: 150
Release: 2007-02-20
Genre:
ISBN: 9264029095

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This book explores the impact of education and learning on our societies and lives and examines what countries are doing to provide education and training to support people throughout their lives.


Diagnosing Human Capital as a Binding Constraint to Growth

Diagnosing Human Capital as a Binding Constraint to Growth
Author: Miguel Angel Santos
Publisher: Cambridge University Press
Total Pages: 72
Release: 2021-12-16
Genre: Business & Economics
ISBN: 110898231X

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The empirical literature on the contributions of human capital investments to economic growth shows mixed results. While evidence from OECD countries demonstrates that human capital accumulation is associated with growth accelerations, the substantial efforts of developing countries to improve access to and quality of education, as a means for skill accumulation, did not translate into higher income per capita. In this Element, we propose a framework, building on the principles of 'growth diagnostics', to enable practitioners to determine whether human capital investments are a priority for a country's growth strategy. We then discuss and exemplify different tests to diagnose human capital in a place, drawing on the Harvard Growth Lab's experience in different development context, and discuss various policy options to address skill shortages.


Human Capital

Human Capital
Author: Gary S. Becker
Publisher:
Total Pages: 0
Release: 2009
Genre:
ISBN:

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A diverse array of factors may influence both earnings and consumption; however, this work primarily focuses on the impact of investments in human capital upon an individual's potential earnings and psychic income. For this study, investments in human capital include such factors as educational level, on-the-job skills training, health care, migration, and consideration of issues regarding regional prices and income. Taking into account varying cultures and political regimes, the research indicates that economic earnings tend to be positively correlated to education and skill level. Additionally, studies indicate an inverse correlation between education and unemployment. Presents a theoretical overview of the types of human capital and the impact of investment in human capital on earnings and rates of return. Then utilizes empirical data and research to analyze the theoretical issues related to investment in human capital, specifically formal education. Considered are such issues as costs and returns of investments, and social and private gains of individuals. The research compares and contrasts these factors based upon both education and skill level. Areas of future research are identified, including further analysis of issues regarding social gains and differing levels of success across different regions and countries. (AKP).


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: 565
Release: 2015-06-30
Genre: Business & Economics
ISBN: 1137529369

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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.


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

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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.