Human Capital Accumulation, Globalization and Global Productivity Growth

Author(s):  
Paul J. J. Welfens ◽  
John T. Addison ◽  
David B. Audretsch ◽  
Thomas Gries ◽  
Hariolf Grupp
2011 ◽  
Vol 30 (1) ◽  
pp. 21-48 ◽  
Author(s):  
Hsihui Chang ◽  
Jengfang Chen ◽  
Rong-Ruey Duh ◽  
Shu-Hsing Li

SUMMARY: In this paper we decompose productivity growth into four components: efficiency change, technical progress, information technology (IT) capital accumulation, and human capital accumulation. We analyze data on the operations of 51 public accounting firms in Taiwan for the years 1993 and 2003, and find that productivity growth was driven primarily by the accumulation of IT capital and human capital. We also find that the difference in productivity growth between Big 4 and non-Big 4 accounting firms is attributable to technical progress and, especially, IT capital accumulation. Further, our multiple regression results indicate that accounting firms that had high growth in non-audit services (NAS) during the 11-year period enjoyed significantly higher productivity growth through greater IT capital and human capital accumulation than firms that remained focused on traditional audit services.


2011 ◽  
pp. 66-77
Author(s):  
O. Vasilieva

Does resource abundance positively affect human capital accumulation? Or, alternatively, does it «crowd out» the human capital leading to the deterioration of economic growth? The paper gives an overview of the relevant literature and discusses both theoretical and empirical results obtained regarding the connection between human capital accumulation and resource abundance. It shows that despite some theoretical predictions about the harmful effect of resource abundance on human capital accumulation, unambiguous evidence of such impact that would be robust with respect to the change of resource abundance parameter has not been obtained yet.


2004 ◽  
Vol 28 (4) ◽  
pp. 841-856 ◽  
Author(s):  
Jaime Alonso-Carrera ◽  
Marı́a Jesús Freire-Serén

2020 ◽  
Vol 42 (5) ◽  
pp. 1000-1021
Author(s):  
Maroula Khraiche ◽  
James Boudreau

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