scholarly journals Human Capital Investment and Economic Growth: A Study on ASEAN Countries

Author(s):  
Sharmila Thinagar ◽  
Mohd Khairi Ismail ◽  
Low Ai Vy ◽  
Aainaa Amirah Haron
2019 ◽  
Vol 9 (3) ◽  
pp. 23
Author(s):  
Saparso ◽  
Hery Winoto ◽  
Soegeng Wahyoedi

The objective of this paper is to investigate empirically the effects of investment in human capital on the competitiveness of the nation. Investment in human capital, particularly in terms of education, health, research and development, stimulates the economic growth and competitiveness of a country. The innovations developed through research and development (R and D) have been believed to cause the rapid economic growth. Education will also contribute to science and knowledge through R and D which is highly required for economic growth. Using descriptive cross-section data of investment in human capital combined with neoclassical economic thought, the paper investigates the transmission mechanisms of human capital investment to economic competitiveness of nations. The result of this research shows that the increasing growth of investment in human capital is positively correlated with the increase in the competitiveness of a country.


2021 ◽  
Vol 1 (1) ◽  
pp. 132-135
Author(s):  
Nur Sholeh Hidayat ◽  
◽  
Eddy Priyanto

This research studies the role of human capital investment through the mechanism of improving education and health services in efforts to alleviate poverty and increase economic independence with dignity in the form of improving the performance of Indonesia's human resources which is reflected in Indonesia's economic growth. This study uses secondary data from world banks and processed regression using the moving average autoregression method. We find that investment in education and investment in health is positively related to economic growth. And, poverty is negatively related to economic growth. This indicates that human capital investment in Indonesia is able to promote economic growth and alleviate poverty in Indonesia.


2000 ◽  
Vol 62 (1) ◽  
pp. 1-23 ◽  
Author(s):  
Sebnem Kalemli-Ozcan ◽  
Harl E. Ryder ◽  
David N. Weil

2016 ◽  
Vol 34 (S2) ◽  
pp. S99-S127 ◽  
Author(s):  
Kevin M. Murphy ◽  
Robert H. Topel

2017 ◽  
Vol 18 (2) ◽  
pp. 182-211 ◽  
Author(s):  
Alberto Bucci ◽  
Xavier Raurich

Abstract Using a growth model with physical capital accumulation, human capital investment and horizontal R&D activity, this paper proposes an alternative channel through which an increase in the population growth rate may yield a non-uniform (i.e., a positive, negative, or neutral) impact on the long-run growth rate of per-capita GDP, as available empirical evidence seems mostly to suggest. The proposed mechanism relies on the nature of the process of economic growth (whether it is fully or semi-endogenous), and the peculiar engine(s) driving economic growth (human capital investment, R&D activity, or both). The model also explains why in the long term the association between population growth and productivity growth may ultimately be negative when R&D is an engine of economic growth.


Agrotek ◽  
2018 ◽  
Vol 2 (4) ◽  
Author(s):  
Supri Hadi

The research objectives are to analyze impact of human capital investment on economic growth and poverty incidence in West Papua. Analysis is using a combination of Computable General Equilibrium (CGE) Model and Foster�Greer-Thorbecke Method. The human capital investment is represented by government expenditure for education and health. The simulation results show that human capital investment is able to increase economic growth and household income. Head count index, poverty gap index and poverty severity index also decrease except for non-labor household group in the urban area. Human capital investment for education gives more benefit to household in rural area than those in urban area, especially for farm-laborer and agriculture entrepreneur household groups in the rural area, while investment for health gives more benefit to non-agricultural high income household group in urban area.


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