Academic literature on the topic 'Human capital theory'

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Journal articles on the topic "Human capital theory"

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Tan, Emrullah. "Human Capital Theory." Review of Educational Research 84, no. 3 (September 2014): 411–45. http://dx.doi.org/10.3102/0034654314532696.

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Soukup, A. "Human capital, screening theory and education in agriculture." Agricultural Economics (Zemědělská ekonomika) 53, No. 10 (January 7, 2008): 475–78. http://dx.doi.org/10.17221/928-agricecon.

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Human capital theory views education as a specific production factor and as a specific sort of capital. Besides this theory, alternative concepts of education were developed. Filter theory which is interested in the selective function of education and created a different point of view of economic analysis phenomena in education. Screening theory is similar and is interested in information of labor market attendants and their deciding. Signal equilibrium states are better or worse according to Pareto’s efficiency and according to the higher or lower difference between private and common educational returns.
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Renkas, Jurij. "Wage Expectations in Light of Human Capital Measurement Theory." Argumenta Oeconomica Cracoviensia, no. 9 (2013): 29–42. http://dx.doi.org/10.15678/aoc.2013.0902.

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Barros, C. P., and F. M. P. Alves. "Human capital theory and social capital theory on sports management." International Advances in Economic Research 9, no. 3 (August 2003): 218–26. http://dx.doi.org/10.1007/bf02295445.

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Irawan, Sadono, and Abdul Malik. "Performance, Technology and Human Capital." SPLASH Magz 1, no. 2 (April 21, 2021): 56–59. http://dx.doi.org/10.54204/splashmagzvol1no1pp56to59.

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This study examines technology inclusion, education investment, health investment and economic growth in Indonesia using secondary data from world banks processed quantitatively using the moving average autoregression method. We find that investment in health, investment in education, and technology inclusion are positively related to economic growth. This shows that in Indonesia it is in accordance with the solow growth theory where technology in Indonesia has a positive impact along with Indonesia's human capital.
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Marginson, Simon. "Limitations of human capital theory." Studies in Higher Education 44, no. 2 (August 8, 2017): 287–301. http://dx.doi.org/10.1080/03075079.2017.1359823.

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Slottje, Daniel. "HUMAN CAPITAL MEASUREMENT: THEORY AND PRACTICE." Journal of Economic Surveys 24, no. 2 (April 2010): 201–5. http://dx.doi.org/10.1111/j.1467-6419.2009.00612.x.

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Curtin, T. R. C. "Project appraisal and human capital theory." Project Appraisal 11, no. 2 (June 1996): 66–78. http://dx.doi.org/10.1080/02688867.1996.9727021.

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Nafukho, Fredrick Muyia, Nancy Hairston, and Kit Brooks. "Human capital theory: implications for human resource development." Human Resource Development International 7, no. 4 (December 2004): 545–51. http://dx.doi.org/10.1080/1367886042000299843.

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Bae, Johngseok, Cheul Kang, and Youngshin Kim. "Workplace Spirituality and Human Resource Management: Human Capital Theory to Human Value Theory." Academy of Management Proceedings 2020, no. 1 (August 2020): 19972. http://dx.doi.org/10.5465/ambpp.2020.19972abstract.

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Dissertations / Theses on the topic "Human capital theory"

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Oosterbeek, Hessel. "Essays on human capital theory /." Amsterdam, 1992. http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&doc_number=003421291&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA.

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Wu, Huoying. "Two essays in the theory of human capital." Connect to resource, 1989. http://rave.ohiolink.edu/etdc/view.cgi?acc%5Fnum=osu1262618614.

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di, Liberto Adriana. "Human capital and convergence : theory, estimation and applications." Thesis, University College London (University of London), 2004. http://discovery.ucl.ac.uk/1446793/.

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In growth theory, convergence analysis tries to answer three fundamental questions "Are poor countries catching up with richer ones How quickly And what are the determinants of this process" This thesis deals with issues that are relevant to all these questions. It begins by setting out the key theoretical contributions to the analysis of the role of human capital in growth and convergence. Secondly, attention is turned to the way that convergence is estimated from data. The econometric techniques used in the convergence literature usually assume that shocks are uncorrelated across countries. We claim that this is unlikely for most data sets and investigate the use of an estimator so far ignored, namely the annual panel estimator where shocks are allowed to be correlated. Our analysis indicates that this estimator is more efficient than conventional ones for plausible values of cross-country error correlation. The study then turns to the analysis of the third question. Although differences in human capital endowments and rates of investment have long been recognised as crucial elements for explaining observed GDP gaps, nevertheless, human capital proxies are rarely significant in growth regressions. In this study some possible solutions to this puzzle are explored. We estimate aggregate returns to education in Italy and Spain, and compare our results with the predictions of competing theoretical frameworks. In general, our empirical analysis identifies a positive role for human capital, and stresses the relevance of theoretical models in which human capital has a fundamental but indirect role in the catching up process. The final part of the thesis proposes a new methodology designed to estimate technology levels and to test whether part of observed convergence is due to technology convergence. The results seem to confirm the existence of technology catch-up among regions.
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Eriyattukuzhiyil, Ummer. "Human capital accumulation and economic growth." Thesis, Royal Holloway, University of London, 2002. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.272346.

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Azelius, Carl, and David Johansson. "Human Capital disclosure on LinkedIn : A study on ownership structure and human capital disclosure in Sweden and Norway." Thesis, Internationella Handelshögskolan, Högskolan i Jönköping, IHH, Företagsekonomi, 2019. http://urn.kb.se/resolve?urn=urn:nbn:se:hj:diva-43692.

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Background: Human capital disclosure is a widely examined topic by scholars, previous studies has mainly focused on annual reports and companies webpages. However, during the last decade, social media has grown in importance and it represent a new way for companies to interact with stakeholders. The increased interactivity provided by social network sites have made it one of the most important communication tools for companies to interact with stakeholders. One of the larger social media, LinkedIn has received little attention by researchers, only one previous study has investigate human capital disclosure on LinkedIn. Previous research has examined different corporate disclosure in connection to ownership structure. Purpose: The purpose of this study is to investigate the relationship between ownership structure and human capital disclosure made by companies in Sweden and Norway via LinkedIn. Method: This study is conducted with a quantitative methodology, investigating a sample of 150 companies from Sweden and Norway. Human capital disclosure on LinkedIn are analysed through a content analysis and a regression analysis to test the hypothesis in this study. Conclusion: The results confirm the hypothesis that a negative relationship exists between ownership concentration and the level of human capital disclosure via LinkedIn. This is in line with previous research; however, this study shows that companies in a more digitalized environment disclose more HC information.
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Freitas, Lopes Teixeira Pedro Nuno de. "The 'human capital revolution' in economic thought." Thesis, University of Exeter, 2003. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.269670.

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Schiopu, Ioana C. "Essays in human capital accumulation, growth and dynamic public policies." [Bloomington, Ind.] : Indiana University, 2008. http://gateway.proquest.com/openurl?url_ver=Z39.88-2004&rft_val_fmt=info:ofi/fmt:kev:mtx:dissertation&res_dat=xri:pqdiss&rft_dat=xri:pqdiss:3331255.

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Thesis (Ph.D.)--Indiana University, Dept. of Economics, 2008.
Title from home page (viewed on Jul 23, 2009). Source: Dissertation Abstracts International, Volume: 69-11, Section: A, page: 4448. Advisers: Gerhard Glomm; Michael Kaganovich.
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Molloy, Janice C. "Bridging Micro and Macro Human Resource Management through Human Capital Research." The Ohio State University, 2008. http://rave.ohiolink.edu/etdc/view?acc_num=osu1211954969.

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Johnson, Sebastian, and Filip Norman. "Godlike Views Of Human Capital : A Qualitative Case Study of Different Internal Stakeholder Views of Human Capital within an Esport Organization." Thesis, Umeå universitet, Företagsekonomi, 2021. http://urn.kb.se/resolve?urn=urn:nbn:se:umu:diva-185243.

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The esport industry is growing, and it is growing fast. Research suggests that the phenomenon of esport poses a great opportunity to research the development and assessment of human expertise in our modern digitized society. Consequently, the research in this thesis is that of a case study of an esport organization through which we have sought to answer the research question: "How do stakeholders within an esport organization view human capital, that is the investment in, and the development, assessment, and treatment of players?" We answered this research question by gathering relevant empirical material through five semi-structured interviews, which we analyzed to gain a deeper understanding of the underlying reasons and different justifications as to how human capital in the organization is viewed by different stakeholders within the organization. We present four general conclusions. Firstly, there were similar views among the different stakeholders regarding investments in and development of players. Secondly, it was apparent that the stakeholders viewed the players as the core of the business. Thirdly, upper management seemed to carry more of a goal-oriented perspective on the players development as opposed to stakeholders more ‘hierarchically’ adjacent to the players. And lastly, the investments in the players' development were justified through various aspects. Through these conclusions, we i) contribute to managerial/organizational knowledge on how or how not to invest in, develop, assess, and treat human capital in an esport organization, ii) contribute theoretically by applying various different theories and concepts in an esport context; thus expanding the theoretical knowledge of the capabilities and usage of said theories and concepts, and iii) contribute to the empirical body of literature regarding the esport phenomenon by portraying different stakeholder views of human capital within an esport context.
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Al-hajry, Amur Sultan. "Human capital theory and the financing of higher education in Oman." Thesis, University of Sheffield, 2003. http://etheses.whiterose.ac.uk/3433/.

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The current and future level of demand for higher education in Oman far outweighs the ability of the economy to satisfy it under current financing arrangements. Oman's economy is based on oil and thus there is no guarantee that it will be able to sustain the current level of resourcing for higher education in the future. About half of the population is under the age of 15 and therefore future demand is likely to grow rapidly and the option of buying higher education abroad becomes less attractive in these circumstances. The economy needs an educated workforce in order to grow and to maintain its position in the modem world, not least if it is to cease to rely on expatriate professionals and to expand education in general. Reliance on foreign governments for higher education leaves Oman vulnerable to foreign education policies and to the vagaries of the foreign exchange markets. The Omani Government has responded to these problems by founding the first university in Oman and by encouraging private higher education. However, thought also needs to be given to the nature of funding arrangements. The main aim of this research is to review alternative funding mechanisms for the future development of higher education by evaluating and analyzing social and private rates of return to investment. The study is based on the human capital concept which views education as a form of economic investment. The main motive assumed for public and private investments is the expectation of higher returns (benefits). Cost-benefit and rates of return analysis are used in order to achieve an efficient utilization of resources. To achieve maximum benefits it is also necessary for the system to be equitable, i.e. to maximize access to higher education irrespective of income and social class. The results indicate that the public cost of higher education in Oman is much higher than the cost to the individual. This is explained by the fact that most of the direct cost in public higher education (the Sultan Qaboos University) is fully subsidized by the Government, and that individual students do not incur any direct cost. Consequently, the estimates of public rates of return to investment are low in comparison to the private rates. Accordingly, the allocation of additional public resources for higher education is not justified economically, and a form of private (contribution) towards the cost of education is required to reduce public cost and improve social rates of return. A practical mechanism to enable individual students to contribute towards the cost of their education without affecting their access to higher education has to be established. After analyzing and evaluating several policy instruments, it was found that the most appropriate mechanism of funding would be to recover the cost of education by deducting from the individual's income after graduation and during the first twenty years of employment. This might be seen as a first step towards a graduate income tax method of funding. It is emphasized that the funding of higher education is a complex business which is not susceptible to solution by using a single policy instrument. The present analysis should be seen as a first step towards achieving a different approach to the funding of higher education in Oman.
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Books on the topic "Human capital theory"

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Joop, Hartog, and Maassen van den Brink, Henriëtte, eds. Human capital: Advances in theory and evidence. Cambridge, UK: Cambridge University Press, 2007.

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Michael, Romer Paul. Human capital and growth: Theory and evidence. Cambridge, MA: National Bureau of Economic Research, 1989.

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A, Hart Robert. Human capital, employment and bargaining. Cambridge, England: Cambridge University Press, 1995.

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Gronau, Reuben. Zvi Griliches' contribution to the theory of human capital. Cambridge, Mass: National Bureau of Economic Research, 2003.

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Grossman, Herschel I. Human capital and predation: A positive theory of educational policy. Cambridge, MA: National Bureau of Economic Research, 1998.

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Natural capital: Theory & practice of mapping ecosystem services. New York: Oxford University Press, 2011.

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Durlauf, Steven N. A theory of persistent income inequality. Cambridge, MA: National Bureau of Economic Research, 1992.

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Hart, Oliver. A theory of debt based on the inalienability of human capital. London: London School of Economics Financial Markets Group, 1991.

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Hart, Oliver D. A theory of debt based on the inalienability of human capital. Cambridge, Mass: Dept. of Economics, Massachusetts Institute of Technology, 1991.

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Hart, Oliver. A theory of debt based on the inalienability of human capital. London: LSE Financial Markets Group, 1991.

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Book chapters on the topic "Human capital theory"

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Jelonek, Magdalena. "Human capital theory." In Universities and the Labour Market, 3–16. London: Routledge, 2021. http://dx.doi.org/10.4324/9781003161486-1.

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Gillies, Donald. "Human Capital Theory in Education." In Encyclopedia of Educational Philosophy and Theory, 1–5. Singapore: Springer Singapore, 2015. http://dx.doi.org/10.1007/978-981-287-532-7_254-1.

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Fitzsimons, Patrick. "Human Capital Theory and Education." In Encyclopedia of Educational Philosophy and Theory, 1–4. Singapore: Springer Singapore, 2015. http://dx.doi.org/10.1007/978-981-287-532-7_331-1.

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Gillies, Donald. "Human Capital Theory in Education." In Encyclopedia of Educational Philosophy and Theory, 1053–57. Singapore: Springer Singapore, 2017. http://dx.doi.org/10.1007/978-981-287-588-4_254.

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Fitzsimons, Patrick. "Human Capital Theory and Education." In Encyclopedia of Educational Philosophy and Theory, 1050–53. Singapore: Springer Singapore, 2017. http://dx.doi.org/10.1007/978-981-287-588-4_331.

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Mukherjee, Diganta, and Uday Bhanu Sinha. "Understanding NREGA: A Simple Theory and Some Facts." In Human Capital and Development, 103–28. India: Springer India, 2012. http://dx.doi.org/10.1007/978-81-322-0857-0_7.

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Zhang, Wei-Bin. "Inequalities with Racial Human Capital Externalities." In The General Economic Theory, 93–101. Cham: Springer International Publishing, 2020. http://dx.doi.org/10.1007/978-3-030-56204-5_5.

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Choudhury, Masudul Alam. "A Critique of Human Capital Theory." In Knowledge and the University, 135–46. Singapore: Springer Singapore, 2021. http://dx.doi.org/10.1007/978-981-16-6986-6_9.

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Bucci, Alberto, Lorenzo Carbonari, and Giovanni Trovato. "Health and Income: Theory and Evidence for OECD Countries." In Human Capital and Economic Growth, 169–207. Cham: Springer International Publishing, 2019. http://dx.doi.org/10.1007/978-3-030-21599-6_6.

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Zhang, Wei-Bin. "Growth with Public Knowledge and Private Human Capital." In The General Economic Theory, 103–18. Cham: Springer International Publishing, 2020. http://dx.doi.org/10.1007/978-3-030-56204-5_6.

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Conference papers on the topic "Human capital theory"

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Fuying He, Huanzhang Xu, Han Wang, and Aijun Hu. "The thought of human capital and Marxian capital theory." In 2011 2nd International Conference on Artificial Intelligence, Management Science and Electronic Commerce (AIMSEC). IEEE, 2011. http://dx.doi.org/10.1109/aimsec.2011.6010786.

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Danilina, Yaroslava. "ENTERPRISE’S HUMAN CAPITAL UNDER DIGITALIZATION." In Theory and Practice of Institutional Reforms in Russia [Text]: Collection of Scientific Works. CEMI RAS, 2019. http://dx.doi.org/10.33276/978-5-8211-0779-4-153-161.

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Самохина, Екатерина Александровна. "HUMAN CAPITAL AND THE "KNOWLEDGE INDUSTRY" IN ECONOMIC THEORY." In Образование. Культура. Общество: сборник избранных статей по материалам Международной научной конференции (Санкт-Петербург, Декабрь 2020). Crossref, 2021. http://dx.doi.org/10.37539/ecs294.2020.19.35.002.

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В данной статье речь пойдет о таких понятиях в экономической теории как человеческий капитал, «индустрия знаний», (которая включает в себя ряд видов человеческой деятельности), а также о количестве занятых в научной сфере. This article will focus on such concepts in economic theory as human capital, "knowledge industry" (which includes a number of human activities), as well as the number of people employed in the scientific field.
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Tang Yan. "Contingency theory, management control systems and strategic human capital resource." In 2011 International Conference on Business Management and Electronic Information (BMEI). IEEE, 2011. http://dx.doi.org/10.1109/icbmei.2011.5920403.

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Khaykin, M. M., A. A. Lapinskas, and O. A. Kochergina. "The Development of the Theory of Human Capital in the Historical Dimension." In International Conference on Economics, Management and Technologies 2020 (ICEMT 2020). Paris, France: Atlantis Press, 2020. http://dx.doi.org/10.2991/aebmr.k.200509.090.

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Sharokhina, S. V. "Concept Of Human Capital In The Hr-Management Strategy And Transitive Economy." In 18th International Scientific Conference “Problems of Enterprise Development: Theory and Practice”. European Publisher, 2020. http://dx.doi.org/10.15405/epsbs.2020.04.21.

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Pochtovyuk, Andrii, Ievgen Buriak, Mariia Buriak, and Oksana Zakharova. "High Engineering Education as a Component of the System of Human Capital Development." In 2020 IEEE Problems of Automated Electrodrive. Theory and Practice (PAEP). IEEE, 2020. http://dx.doi.org/10.1109/paep49887.2020.9240907.

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Wen, I.-Jyh, and Chien Wei Liang. "An Empirical Study of Professional License Acquisition: Theory of Planned Behaviour View." In The International Conference of Vocational Higher Education (ICVHE) “Empowering Human Capital Towards Sustainable 4.0 Industry”. SCITEPRESS - Science and Technology Publications, 2019. http://dx.doi.org/10.5220/0010623100002967.

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Wang, Jingqiang, and Hewang Liu. "Study on Physical Education Curriculum System Optimization Based on Health and Human Capital Theory." In International Conference on Education, Language, Art and Intercultural Communication (ICELAIC-14). Paris, France: Atlantis Press, 2014. http://dx.doi.org/10.2991/icelaic-14.2014.52.

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Liu, Xiaoyan, Chengyin Zhang, Han Tan, and Xiaoqian Guo. "The study of higher education of the disabled from the perspective of human capital theory." In Education (ICCSE 2011). IEEE, 2011. http://dx.doi.org/10.1109/iccse.2011.6028700.

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Reports on the topic "Human capital theory"

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Romer, Paul. Human Capital And Growth: Theory and Evidence. Cambridge, MA: National Bureau of Economic Research, November 1989. http://dx.doi.org/10.3386/w3173.

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Gronau, Reuben. Zvi Griliches' Contribution to the Theory of Human Capital. Cambridge, MA: National Bureau of Economic Research, November 2003. http://dx.doi.org/10.3386/w10081.

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Grossman, Herschel, and Minseong Kim. Human Capital and Predation: A Positive Theory of Educational Policy. Cambridge, MA: National Bureau of Economic Research, February 1998. http://dx.doi.org/10.3386/w6403.

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Hart, Oliver, and John Moore. A Theory of Debt Based on the Inalienability of Human Capital. Cambridge, MA: National Bureau of Economic Research, November 1991. http://dx.doi.org/10.3386/w3906.

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Rotemberg, Julio, and Garth Saloner. Competition and Human Capital Accumulation: A Theory of Interregional Specialization and Trade. Cambridge, MA: National Bureau of Economic Research, January 1990. http://dx.doi.org/10.3386/w3228.

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Schrock, Ryan. Generational Theory and the U.S. Army: Harnessing the True Power of Human Capital. Fort Belvoir, VA: Defense Technical Information Center, April 2011. http://dx.doi.org/10.21236/ada600819.

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Quak, Evert-jan. The Link Between Demography and Labour Markets in sub-Saharan Africa. Institute of Development Studies (IDS), January 2020. http://dx.doi.org/10.19088/k4d.2021.011.

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This rapid review synthesises the literature from academic, policy, and knowledge institution sources on how demography affects labour markets (e.g. entrants, including youth and women) and labour market outcomes (e.g. capital-per-worker, life-cycle labour supply, human capital investments) in the context of sub-Saharan Africa. One of the key findings is that the fast-growing population in sub-Saharan Africa is likely to affect the ability to get productive jobs and in turn economic growth. This normally happens when workers move from traditional (low productivity agriculture and household businesses) sectors into higher productivity sectors in manufacturing and services. In theory the literature shows that lower dependency ratios (share of the non-working age population) should increase output per capita if labour force participation rates among the working age population remain unchanged. If output per worker stays constant, then a decline in dependency ratio would lead to a rise in income per capita. Macro simulation models for sub-Saharan Africa estimate that capital per worker will remain low due to consistently low savings for at least the next decades, even in the low fertility scenario. Sub-Saharan African countries seem too poor for a quick rise in savings. As such, it is unlikely that a lower dependency ratio will initiate a dramatic increase in labour productivity. The literature notes the gender implications on labour markets. Most women combine unpaid care for children with informal and low productive work in agriculture or family enterprises. Large family sizes reduce their productive labour years significantly, estimated at a reduction of 1.9 years of productive participation per woman for each child, that complicates their move into more productive work (if available). If the transition from high fertility to low fertility is permanent and can be established in a relatively short-term period, there are long-run effects on female labour participation, and the gains in income per capita will be permanent. As such from the literature it is clear that the effect of higher female wages on female labour participation works to a large extent through reductions in fertility.
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Pessino, Carola, Nadir Altinok, and Cristian Chagalj. Allocative Efficiency of Government Spending for Growth in Latin American Countries. Inter-American Development Bank, June 2022. http://dx.doi.org/10.18235/0004310.

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There is scant empirical economic research regarding the way that Latin American governments efficiently allocate their spending across different functions to achieve higher growth. While most papers restrict their analysis to the size of government, much less is known about the composition of spending and its implications for long-term growth. This paper sheds light on how allocating expenditures to investment in quality human and physical capital, and avoiding waste on inefficient expenditures, enhance growth in Latin America. This paper uses a novel dataset on physical and human capital and detailed public spending that includes -for the first time- Latin American countries, which is categorized by a cross-classification that provides the breakdown of government expenditure, both, by economic and by functional heads. The database covers 42 countries of the OECD and LAC between 1985 and 2017. There are five main results. First, the estimated growth equations show significant positive effects of the factors of production on growth and plausible convergence rates (about 2 percent). The estimated effect of the physical investment rate is positive and significant with a long-run elasticity of 1.2. Second, while the addition of years of education as a proxy for human capital tends to have no effect on growth, the addition of a new variable that measures quality-adjusted years of schooling as a proxy for human capital turns out to have a positive and significant effect across all specifications with a long-run elasticity of 1.1. However, if public spending on education (excluding infrastructure spending) is added to the factor specification, growth is not affected. This is mainly because, once quality is considered, spending more on teacher salaries has no effect on student outcomes. Therefore, the key is to increase quality, not just school performance or education spending. Third, both physical and human capital are equally important for growth: the effect of increasing one standard deviation of physical capital or human capital statistically has the same impact on economic growth. Fourth, increasing public investment spending (holding public spending constant) is positive and significant for growth (a 1% increase in public investment would increase the long-term GDP per capita by about 0.3 percent), in addition to the effect of the private investment rate. However, the effect of public spending on payroll, pensions and subsidies does not contribute to economic growth. Fifth, the overall effect of the size of public spending on economic growth is negative in most specifications. An increase in the size of government by about 1 percentage point would decrease 4.1 percent the long-run GDP per capita, but the more effective the government is, the less harmful the size of government is for long-term growth.
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Andrabi, Tahir, Benjamin Daniels, and Jishnu Das. Human Capital Accumulation and Disasters: Evidence from the Pakistan Earthquake of 2005. Research on Improving Systems of Education (RISE), May 2020. http://dx.doi.org/10.35489/bsg-risewp_2020/039.

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We trace the effects of a devastating earthquake that occurred in Northern Pakistan in 2005. Using a new dataset from a survey conducted four years after the earthquake, we first show that the distance of the household from the fault line was not correlated with pre-existing household characteristics, while it was strongly predictive of earthquake-related damage and mortality. Through emergency relief aid, households living close to the fault line reported receiving substantial cash compensation that amounted to as much as 150% of their annual household consumption expenditure. Four years after the earthquake, there were no differences in public infrastructure, household or adult outcomes between areas close to and far from the fault line. However, children in their critical first thousand days at the time of the earthquake accumulated large height deficits, with the youngest the most affected. Children aged 3 through 15 at the time of the earthquake did not suffer growth shortfalls, but scored significantly worse on academic tests if they lived close to the fault line. Finally, children whose mothers completed primary education were fully protected against the emergence of a test score gap. We estimate that if these deficits continue to adult life, the affected children could stand to lose 15% of their lifetime earnings. Even when disasters are heavily compensated, human capital accumulation can be critically interrupted, with greater losses for already disadvantaged populations.
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Kuziemko, Ilyana. Human Capital Spillovers in Families: Do Parents Learn from or Lean on their Children? Cambridge, MA: National Bureau of Economic Research, July 2011. http://dx.doi.org/10.3386/w17235.

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