Human Capital Theory in Education

Gillies, Donald

doi:10.1007/978-981-287-588-4_254

Cited by 38 publications

(32 citation statements)

References 4 publications

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“…A wealth of recent research has identified the crucial role that human capital plays in spurring economic growth (Gillies 2017;Madsen and Murtin 2017;Whalley and Zhao 2013). A highly skilled workforce is especially necessary during a nation's transition from a middle-income to a high-income nation (Heckman and Yi 2012;Liu et al 2009;Autor, Levy, and Murnane 2003;Glewwe 2002).…”

Section: Introductionmentioning

confidence: 99%

“…A highly skilled workforce is especially necessary during a nation's transition from a middle‐income to a high‐income nation (Heckman and Yi ; Liu et al ; Autor, Levy, and Murnane ; Glewwe ). Education, the major way to increase human capital, allows people to acquire the skills and knowledge necessary to succeed during transformations from labor‐intensive manufacturing economies to high‐wage, higher value‐added economies (Gillies ; Kruss et al ; Machlup ). Numerous studies have stressed the importance of upper secondary (as well as tertiary) educational attainment, in particular (Bresnahan, Brynjolfsson, and Hitt ; Bresnahan ; Autor, Katz, and Krueger ).…”

Section: Introductionmentioning

confidence: 99%

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Human Capital and the Middle Income Trap: How Many of China's Youth are Going to High School?

Lei

Abbey

et al. 2018

The Developing Economies

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The objective of this paper is to assess the nature of China's human capital. To achieve our objective, we both measure the share of the labor force that has attained upper secondary schooling levels (high school) as well as examine recent trends of 15–17 year olds who are attending high school. Using two sets of national representative data, we are able to show that, while the human capital of China's labor force is still low (30%), between 2005 and 2015 the share of rural youth who attended high school rose sharply. According to Ministry of Education–reported statistics, in 2015 87% of 15–17 year olds were attending high school, up from around 50% in 2005. Given the recent pronouncements of the government to make high school universal by 2020, the challenges for the education system are to increase the attendance of rural as well as vocational education and training students.

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Section: Introductionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Human Capital and the Middle Income Trap: How Many of China's Youth are Going to High School?

Lei

Abbey

et al. 2018

The Developing Economies

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“…In a study of an impoverished community inside the campus of the lone state college in the province, the poor people's vulnerability to almost all types of risks was revealed (Lamela, Lamela, Buayan, & Malto, 2014). In the present findings, data on enrollment and continuity of schooling show how a human development program and human capital investment (Lauder, 2014;Gillies, 2017) in the form of CCT can be a potential instrument in arresting the vicious cycle of poverty. Education is one avenue for social mobility, enabling people to escape the cruel recurrence of ignorance leading to poverty and vice versa.…”

Section: The Case For Tracking Beneficiaries On An Individual Levelmentioning

confidence: 48%

Tracking conditional cash transfer beneficiaries using grades and enrollment rate

Barruga¹,

Delavin²,

Turco³

2020

Preprint

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Conditional cash transfer (CCT) programs have been touted to reduce poverty in developing countries. Various methods have been used to assess the effectiveness of CCT programs but little attention has been devoted to finding out whether the grantees had benefited on an individual level. This study aimed to determine the enrollment status and academic performance of the pioneer beneficiaries of the Pantawid Pamilyang Pilipino Program (4Ps), a human development program of the Philippine national government using the CCT scheme in a barangay situated in a poor municipality and province. Using data from the parent leader and from the scholastic records, it was found out that the program had a positive impact on the education of the pioneer children beneficiaries of the locality studied and it was highly successful in attaining its aim of making poor children stay in school. The study argues for the tracking of individual grantees as a measure of the CCT program’s success. Due to the study’s inherent limitations and exploratory nature, the following are recommended: replicate the study on a larger scale; continue tracking the pioneer as well as the other beneficiaries of the program to see whether its long-term desired outcomes are met; and study its possible negative aspects and effects. For educators handling 4Ps pupils and students, it is recommended that continuing to strictly implement compliance of family recipients with their co-responsibilities in the program is desired.

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“…Literature to date indicates that human capital theory is based on the premise that education is a significant weapon for human capital development. It stimulates labour productivity (Gillies, 2017). In the same vein, the proponents of human capital theory are of the view that huge spending on nation's staffs is necessary for achieving national development because spending is a productive investment in typical physical assets (Hayek, Thomas, Novicevic & Montalvo, 2016;Slaghter, Pelinescu, 2015).…”

Section: Human Capital Theory Risk Taking Theory (Rtt) and Technologmentioning

confidence: 99%

Scale Validity and Reliability of Social Media and Entrepreneurial Skill Development among Tertiary Institution Students in Nigeria

Suleiman¹,

Hameed²,

Adeku³

et al. 2020

JTMB

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Social media has gained broader acceptability and usability and is fast becoming perhaps the most important communication tool in 21 st Century. The acceptability of the social media has gained tremendous popularity among students especially at higher institution. Drawing from the foregoing point, the main purpose of the study thus is to examine the validity and reliability of both survey and interview on social media adoption and entrepreneurial skills development among tertiary institution students in Nigeria focusing on the pilot study report. For the purpose of the pilot study, 100 students were selected from Al-Hikmah University and Kwara State University in Kwara State because of their serious commitment to entrepreneurial skills development for the quantitative aspect, while two artisans each from the universities were used for data collection in qualitative approach. Two instruments were used to collect data. First, an instrument titled "Social Media and Entrepreneurship Questionnaire (SMEQ)" was designed to get comprehensive information from the students. Second, an interview protocol tagged "Interview Protocol on Social Media Adoption and Entrepreneurship (IPMSAE)" was designed to elicit relevant information from the artisans. Both Statistical Package and Social Sciences (SPSS) and PLS-SEM Software were used to assess the psychometric properties of the adapted instruments.Also, thematic type of analysis was used to assess the credibility or otherwise of the interview protocol. Specifically, findings from quantitative approach reveal that Cronbach's Alpha of the instrument loaded between 0.821 and 0.942 (Social Media Adoption: 0.885; Social Media and Addictive Behavior: 0.821; Entrepreneurial Skills: 0.942 and Self-Reliance: 0.914). Also, the use of PLS-SEM shows that composite reliability, cross loadings, average variance extracted (AVE) and discriminant validity loaded within the minimum benchmarks, indicating adequate validity and reliability of the instrument. Furthermore, findings from qualitative after transcription of the interviews indicate the trustworthiness and credibility of the protocol. Based on the findings of the study from the two approaches, it can be advanced that the findings of the study helped to establish adequate validity and reliability of the instruments used via quantitative and qualitative methods.

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Human Capital Theory in Education

Cited by 38 publications

References 4 publications

Human Capital and the Middle Income Trap: How Many of China's Youth are Going to High School?

Human Capital and the Middle Income Trap: How Many of China's Youth are Going to High School?

Tracking conditional cash transfer beneficiaries using grades and enrollment rate

Scale Validity and Reliability of Social Media and Entrepreneurial Skill Development among Tertiary Institution Students in Nigeria

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