Impact of Human Capital Development on Productivity Growth in Eu Member States

Mačiulytė-Šniukienė, Alma; Matuzevičiūtė, Kristina

doi:10.3846/bme.2018.66

Cited by 7 publications

(7 citation statements)

References 38 publications

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“…Health is one of the components of HC that are prerequisites for economic development ( 46 ) quality of health is substantially essential and positive for productivity and economic progress ( 47 ) demonstrated in the findings that improvement in health expenditures significantly enhances the HC of the country ( 48 ) investigated HC in improving substantial impact on productivity and growth ( 49 ) observed that HC directly or indirectly affects the economic growth of the country ( 50 ) also examined the association between HC, economic growth, and health expenditures in the case of developing economies. The results depicted that health expenses and economic growth are substantially associated with HC.…”

Section: Literature Reviewmentioning

confidence: 99%

Health expenditures, environmental quality, and economic development: State-of-the-art review and findings in the context of COP26

Xing

Liu

2022

Front. Public Health

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There are numerous factors that affect human health. Among others, environmental degradation, bad governance, and extensive economic growth are regarded as more destructive for health-related issues. To explore the nexus of the said factors and extend the scholarly literature, the current study aims to analyze the influence of greenhouse gas (GHG) emissions, governance indicators, and gross domestic product (GDP) on human health expenditures—captured by domestic health expenditures and capital health expenditures. Specifically, this study contrasted variables including regulatory quality (RQ), rule of law (RL), GDP, GHG emissions, and human capital (HC) with that of human health expenditure. Covering the period from 1996 to 2020, this study uses time series specifications in the case of China, which is one of the largest pollution-emitting economies across the globe. The empirical results found that the long-run equilibrium relationship exists between the variables. For the long-run coefficients, this study utilizes the fully modified ordinary least square, dynamic ordinary least square, and canonical cointegration regression, suggesting that economic development and RQ are adversely affecting human health expenditure. However, GHG emissions, RQ, and HC significantly improve human health by increasing health expenditure in China. Based on the empirical results, policies are suggested regarding human health improvement, improved governance quality, and environmental sustainability. The study discusses the empirical conclusions and implications as per COP26 declarations.

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Section: Literature Reviewmentioning

confidence: 99%

Health expenditures, environmental quality, and economic development: State-of-the-art review and findings in the context of COP26

Xing

Liu

2022

Front. Public Health

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“…The direct relationship between investment in employee training and experience also investment in employee health, which are measured at macro level by public and private investment in the education system and healthcare system, as well as private training costs, generates increasing labor productivity. Figure (2) presents channels of human capital impact on labor productivity [18].…”

Section: Human Capital Development On Labor Productivitymentioning

confidence: 99%

Human Capital Externalities and Productivity in Cities

Samadzad

Hashemi

2022

IJIMES

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Human Capital Theory states that individuals invest in their human capital in order to enhance own productivity which is in turn rewarded by higher wages. The theory asserts that investments in human capital are undertaken by individuals until the point where the marginal productivity gained equals the marginal opportunity cost (from the individual's viewpoint). Benefits of human capital accumulation by a person need not pertain to that person solely. An individual's investment in her own human capital may also increase productivity of the other factors of production, i.e. physical capital or human capital of others. Importantly, the channels of such influence -the most prominent of which is sharing of knowledge and skills through formal and informal interaction between people in the same industry, city, region or economy -may not be internalized within firms or families. This gives rise to human capital externalities. Methodology:The technique used is DEMATEL method. A questionnaire was constructed and answered by eleven experts. Then the DEMATEL method was applied to analyze the importance of criteria and the casual relations among the criteria were constructed. The study period is 2021-2022. Findings: Factors affecting productivity in cities can be divided into several categories: Factors related to human resources, Factors related to management, Factors related to the government, Equipment and facilities, Technology, Environmental factors, Materials and energy. Originality/Value: Human capital can be defined as those skills, abilities, and knowledge embodied in an individual which contribute to a productive process by creating value, whether it be economic or social.

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“…A starting point for further considerations presented in this paper is the assumption about the existence of a close relationship between knowledge and innovation. The dissemination of knowledge generates further innovations (Mačiulytė-Šniukienė & Matuzevičiūtė, 2018;Roszko-Wójtowicz & Białek, 2017;Johansson, 2014;Niklewicz-Pijaczyńska & Wachowska, 2012). The justification for this state of affairs can be found in the following two factors: the process of globalisation of economies (Lu, Tsang, & Peng, 2008;Veugelers, 2010) and fast technological changes (Santos, Doz, & Williamson, 2004;Peng, 2006;Madsen, 2008;Bogliacino, Piva, & Vivarelli, 2012;Feldmann, 2013).…”

Section: Knowledge Economy Skills and Innovationmentioning

confidence: 99%

Measurement of the Average Innovativeness Change Over Time in the Eu Member States

Roszko‐Wójtowicz

Białek

2019

Journal of Business Economics and Management

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In the age of globalisation, implementation and commercialisation of new technologies are perceived as key elements determining competitiveness of particular countries, therefore, the growth of innovativeness is seen as the predominant direction of European Union society’s transformation into information society. The aim of the paper is to propose a procedure of measurement of innovativeness growth over time, with the Summary Innovation Index (SII) methodology as a starting point. The considered issue can be expressed by the following main question: how to measure the innovation performance dynamics for a selected group of countries (such as the EU-28, EU-15 or EU-13 countries) and for time intervals (not only for two moments of observations). This is an important inquiry since well-known innovativeness indices (SII, GII, or IOI) concentrate mainly on the provision of information about countries’ innovation performance for a specific year of observations. Due to this fact, changes occurring over longer time periods are rather neglected. The main result of the paper is a proposition of average innovativeness growth index. The index uses weights describing the employment share of a selected group of specialists (e.g.: scientists and engineers, research and development personnel) in relation to the economically active population.

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Impact of Human Capital Development on Productivity Growth in Eu Member States

Cited by 7 publications

References 38 publications

Health expenditures, environmental quality, and economic development: State-of-the-art review and findings in the context of COP26

Health expenditures, environmental quality, and economic development: State-of-the-art review and findings in the context of COP26

Human Capital Externalities and Productivity in Cities

Measurement of the Average Innovativeness Change Over Time in the Eu Member States

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