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Xinjiang Education Investment and Economic Growth Relationship- Based on the Perspective of Human Capital  [cached]
Qingzhen Hu
International Journal of Business and Management , 2010, DOI: 10.5539/ijbm.v5n6p215
Abstract: The experience of developed countries tells us that investment in human capital plays an important part in national and regional economic growth.With the advent of knowledge-based economy, there is a growing recognition of the importance of human capital in economic growth. In this paper, starting with the investment of higher education, the relevant Xinjiang’s data from 1990 to 2009 was used to establish the econometric model, which is used to analyze the importance of human capital investment to the economic growth in Xinjiang. We also indicate that the government should increase the investment in education, so as to fully develop the significant potential of human capital stock.
Türkiye’de Be eri Sermaye ve Ekonomik Büyüme li kisinin Analizi(An Analysis of the Relationship Between Human Capital and Economic Growth in Turkey)
Muhammed KARATA?,Eda ?ANKAYA
Y?netim ve Ekonomi , 2011,
Abstract: The aim of this paper is to test empirically the effect of human capital investment on economic development by using time series methods for the period 1981–2006 in Turkey. We employ the real per capita growth rate as a depented variable and physical capital and human capital as indepented variables. Growth rate of total fixed capital is used for total physical capital variables. In case of human capital; the share of total education expenditure in GDP, the share of total health expenditure in GDP and rate of school enrollment are used by turns. The main hypothesis is to test whether the primal factor is human capital in Turkish economic development. To test this hypothesis we use Romer’s (1990) Endogenous Technological Change Model (ETCM). The Engle-Granger two step co-integration method is used with time series.The econometric results indicate that physical and human capital accumulation affects positively Turkish economic development. But, when we apply model selection criterion, the main result of this paper show that the Turkish economy has acchieved endogenous growth depending on physical capital rather than human capital.
Government Expenditure on Human Capital Development: Implications for Economic Growth in Nigeria  [cached]
Stephen O. Oluwatobi,Oluranti. I. Ogunrinola
Journal of Sustainable Development , 2011, DOI: 10.5539/jsd.v4n3p72
Abstract: This study examines the relationship between human capital development efforts of the Government and economic growth in Nigeria. It seeks to find out the impact of government recurrent and capital expenditures on education and health in Nigeria and their effect on economic growth. The data used for the study are from secondary sources while the augmented Solow model was also adopted. The dependent variable in the model is the level of real output while the explanatory variables are government capital and recurrent expenditures on education and health, gross fixed capital formation and the labour force. The result shows that there exists a positive relationship between government recurrent expenditure on human capital development and the level of real output, while capital expenditure is negatively related to the level of real output. The study recommends appropriate channeling of the nation’s capital expenditure on education and health to promote economic growth.
Human Capital and Economic Growth in Pakistan: A Cointegration and Causality Analysis  [cached]
Nabila Asghar,Asma Awan,Hafeez ur Rehman
International Journal of Economics and Finance , 2012, DOI: 10.5539/ijef.v4n4p135
Abstract: This study is an attempt to investigate the role of human capital in terms of education and health on economic growth of Pakistan during 1974-2009. Using annual data, ADF, PP and Ng-Perron tests are utilized to check the stochastic properties of the variables. Long-run relationship among variables is confirmed through Johansen and Juselius cointegration test whereas the long-run and short-run dynamics are observed by VECM specification. For causality purpose both VECM based causality and Toda-Yamamoto causality tests are employed. Stability of the model is confirmed through CUSUM and CUSUMSQ. The results indicate strong positive impact of human capital on economic growth despite the fact that Pakistan has been spending less percentage of GDP on education and health facilities to create human capital. The study concludes that in order to reap maximum benefits from human capital there is a need to formulate and implement effective economic policies related to the provision of education and health facilities to the people.
Do Internet and Human Capital Matter for Economic Growth in Developing Countries? Empirical Evidence from WAEMU Countries  [PDF]
Kuawo-Assan Johnson
Modern Economy (ME) , 2016, DOI: 10.4236/me.2016.711116
Abstract: In the attempt to establish new sources of economic growth in the West African Economic and Monetary Union (WAEMU) countries except Gunea Bissau for sustainable growth of the region, this study aims to empirically assess the role of internet and revisit the impact of human capital in these countries based on panel data from 2009 to 2014. We firstly use the principal component analysis technique to build the internet network development index and the human capital index. Then we estimate a Cobb-Douglas function under the neoclassical Solow model to establish the relationship between gross domestic product and internet and human capital by using the fixed effects estimation technique. The findings indicate that internet network development constitutes an important pillar for economic growth in WAEMU countries at the current prevailing economic environment. In addition, they reveal that the performance of human capital in terms of economic growth is weak, a result which can be attributed to the poor quality of educational systems of the union. Physical capital is another source of economic growth of the WAEMU countries established by this study. Policy message drawn from this study encourages strategies aiming to strengthen internet network development in WAEMU countries.
Human Capital and Economic Growth by Municipalities in Slovenia  [PDF]
Matjaz Novak,Stefan Bojnec
Managing Global Transitions , 2005,
Abstract: This article presents the analysis of the nature of economic growth of the Slovenian economy at the aggregate level and at the level of Slovenian municipalities for the period 1996–2002. The aggregate cross sectoral time series dataset and the regional cross-sectional time series dataset are used to econometrically test the significance of labour reallocation between sectors and municipalities on the nature of economic growth of the Slovenian economy. For this purpose we compare estimates of average and marginal stochastic frontier production functions. The estimated parameters of these two groups of production functions clearly indicate an inefficient use of human capital in the Slovenian economy during the analysed period. The uncompleted process of sectoral labour reallocation is found as the main factor that has a negative impact on the growth of total factor productivity in the Slovenian economy.
Human capital accumulation and economic growth  [cached]
María Jesús Freire-Serén
Investigaciones Económicas , 2001,
Abstract: Este trabajo estudia cómo el capital humano afecta al crecimiento económico teniendo en cuenta que la renta determina a su vez la acumulación de capital humano. Para analizar esta simultaneidad, estimamos el sistema de ecuaciones dinámicas que describen el comportamiento de la economía. Con ello se obtienen tanto los parámetros de la función de producción como aquellos que caracterizan la acumulación de capital humano. La estimación conjunta del sistema dinámico revela evidencia a favor de la existencia del llamado efecto nivel de la educación en el crecimiento económico. El resultado cambia cuando no se considera la estimación conjunta.
Research on the Contribution of Female Human Capital in Economic Growth in Guangdong Province  [PDF]
Langhua Guan
Modern Economy (ME) , 2019, DOI: 10.4236/me.2019.104087

This paper uses the statistical data from 1997 to 2015 to calculate the female human capital stock in Guangdong Province, and empirically analyzes the contribution rate of female human capital to Guangdong’s output and its comparison with men. At the same time, it empirically analyzes the contribution of female human capital stocks at different levels to Guangdong’s economic growth, studies the correlation between women’s education levels and economic growth, and examines the differences in the impact of male and female human capital on economic growth. The research results show that female human capital is an important factor affecting Guangdong’s economic growth. Male human capital has a greater impact than female human capital. Female human capital at different educational levels has different effects on economic growth. In order to promote economic and social development, we should increase the awareness of gender equality and strengthen the attention and investment in women’s human capital.

Effects of FDI and Human Capital on Economic Growth in Sub-Saharan Africa
Rasak Adetunji Adefabi
Pakistan Journal of Social Sciences , 2012, DOI: 10.3923/pjssci.2011.32.38
Abstract: This study examines the effect of FDI, human capital on economic growth in SSA. Using a panel of 24 countries in SSA, over the period 1970-2006, the study estimated a fixed effect model, on different levels of human capital that are capable of interacting with FDI to increase growth. The major finding of the study is that there exists weak effect of FDI and different measures of human capital on economic growth in SSA.
The Nexus Between Human Capital Investment and Economic Growth in Nigeria
A.A. Awe,S.O. Ajayi
Pakistan Journal of Social Sciences , 2012, DOI: 10.3923/pjssci.2010.1.7
Abstract: This study examines the nexus between human capital investment and economic growth in Nigeria. Specifically the study investigated the causality between human capital investment and economic growth during the period 1975-2005 using cointegrated and Error Correction Mechanism (ECM) technique. The findings of the study revealed that there existed a directional causality between Human Capital Investment and Economic Growth in Nigeria. It is therefore recommended that government should increase its budgetary allocation to the education and health sectors coupled with concerted efforts of all the stakeholders: government at levels, non governmental organization and the organized private sector in improving educational and health facilities for sustainable economic growth.
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