Human capital development in the agricultural economy sector

Zaika, Svitlana; Gridin, Oleksandr

doi:10.15587/2312-8372.2020.194444

Cited by 10 publications

(4 citation statements)

References 3 publications

(2 reference statements)

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“…For instance, families in the East and Southeast Asian countries are expected to graduate from higher education to gain greater access to employment (Postiglione and Wright 2017). In addition, universities have been regarded as a central direction of the knowledge economy since they provide human capital with the skills needed for development (Zaika and Gridin 2020). Another benefit is that education can decrease social injustice.…”

Section: Literature Reviewmentioning

confidence: 99%

Empirical Analysis on Public Expenditure for Education and Economic Growth: Evidence from Indonesia

2021

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The purpose of this paper is to find the relationship between public expenditure in the educational sector and the economic growth in Indonesia since the government decided to spend 20% of the state budget on education. We used time series data from 1988 to 2018 and the Cobb–Douglas production function as an economic theory for measurement. In the methodology, we employed Autoregressive Distributed Lag bound tests to find the relationship between variables. The results show that public expenditure on education has an insignificant relationship in the long- and short-term estimation. However, they both have different directions, which is a positive relationship in long-term and a negative relationship in short-term estimation. Meanwhile, gross fixed capital formation shows a positive relationship, and the labour variable has a negative relationship in the short and long terms. In conclusion, the Indonesian government should manage the education system regarding the relationship between education expenditure and economic growth.

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Section: Literature Reviewmentioning

confidence: 99%

Empirical Analysis on Public Expenditure for Education and Economic Growth: Evidence from Indonesia

2021

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“…Almost all small-scale fishers participated in the present study did not have any previous relevant experiences, soft skills, or ideas to engage themselves in alternative income generating options or save their livelihoods during one or more consecutive disturbances, thus were jobless for a long time during the closure of fishing in 2020 and earlier. In this context, investing in fisherfolks’ knowledge, abilities, and technical skills can ensure their economic growth and may have long-term impact on their socio-economic status [64] .…”

Section: Discussionmentioning

confidence: 99%

Resilience of small-scale marine fishers of Bangladesh against the COVID-19 pandemic and the 65-day fishing ban

et al. 2021

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“…Spending financed by remittances to the government from abroad is also included (Gootjes, de-Haan and Jong-A-Pin, 2021). Public expenditures on education encompass all government spending on educational institutions, including public and private, administration of education, and financial aid for individuals, households, and other private entities (Nikiforos, 2021;Svitlana & Gridin, 2020). Spending on education helps to develop human capital, which can lead to a skilled workforce.…”

Section: Concept Of Government Expenditure On Educationmentioning

confidence: 99%

Microfinance Banks Activities and Economic Development of Nigeria

Nwoke,

Chukwu,

Origi

2023

IJRCMS

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This study investigated the effect of microfinance banks on economic development of Nigeria from (1992-2021) using secondary data from Statistical bulletin of Central Bank of Nigeria and United Nations Development Programme (UNDP) annual report. The research work used the fully modified ordinary least square (FMOLS) regression analysis to test the effect between the independent variables (Microfinance Banks Loans and Credit, Investments and Deposits, Government Expenditure on Education and health) on the dependent variable (human development index). The study discovered that microfinance bank activities had a significant effect on Nigeria's human development index during the study period. Therefore, the study recommends that, microfinance banks should direct their loans to the productive sector in order to create more jobs and improve Nigeria's economic development. In addition, microfinance institutions should assist those who do not have access to traditional banking services in gaining access to their credit facilities. Microfinance institutions should incorporate training and capacity-building programs into their services. They should also contribute to women's empowerment, which will increase women's access to education and health care.

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Human capital development in the agricultural economy sector

Cited by 10 publications

References 3 publications

Empirical Analysis on Public Expenditure for Education and Economic Growth: Evidence from Indonesia

Empirical Analysis on Public Expenditure for Education and Economic Growth: Evidence from Indonesia

Resilience of small-scale marine fishers of Bangladesh against the COVID-19 pandemic and the 65-day fishing ban

Microfinance Banks Activities and Economic Development of Nigeria

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