A Study on the Comparison between Human-Capital-intensive Firms and Physical-Capital-intensive Firms

2012 ◽  
Author(s):  
Chuangwei Lin ◽  
He Chen
Keyword(s):  
Human Capital ◽  
Physical Capital ◽  
Capital Intensive

scholarly journals Industrial Policy and the East German Productivity Puzzle

2000 ◽  
Vol 1 (3) ◽  
pp. 315-333 ◽  
Author(s):  
Henning Klodt
Keyword(s):  
Human Capital ◽  
Industrial Policy ◽  
Structural Adjustment ◽  
Physical Capital ◽  
Industrial Structures ◽  
Catching Up ◽  
Capital Endowment ◽  
Public Subsidies ◽  
East German ◽  
Capital Intensive

Abstract Catching-up of East German productivity to West German levels has completely faded out since the mid-1990s. The remaining productivity gap cannot be attributed to an inferior capital endowment or qualification deficiencies of the East German labor force. Instead, it appears to be the result of an inappropriate design of industrial policy which concentrated on the subsidization of physical capital and largely ignored the advance of human capital- and service-intensive industrial structures. East Germany will have to face another wave of painful structural adjustment when capital-intensive industries are no longer protected from competition by public subsidies.

Inequality and the Process of Economic Growth: Threshold Effects of Human Capital to Physical Capital Ratio

2011 ◽  
Author(s):  
Arshad Ali Bhatti ◽  
Denise R. Osborn ◽  
M. Emranul Haque
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
Physical Capital ◽  
Threshold Effects ◽  
Growth Threshold

Resource Reconfiguration in Human-Capital-Intensive Firms

2017 ◽  
Author(s):  
Philipp Meyer-Doyle ◽  
John Kenneth Mawdsley ◽  
Olivier Chatain
Keyword(s):  
Human Capital ◽  
Resource Reconfiguration ◽  
Capital Intensive

scholarly journals Threshold effects of inequality on economic growth in the US states: the role of human capital to physical capital ratio

2019 ◽  
Vol 27 (19) ◽  
pp. 1546-1551
Author(s):  
Oğuzhan Çepni ◽  
Rangan Gupta ◽  
Zhihui Lv
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
Physical Capital ◽  
Threshold Effects ◽  
Us States ◽  
The Us

scholarly journals The Change of Sources of Growth and Sustainable Development in China: Based on the Extended EKC Explanation

2021 ◽  
Vol 13 (5) ◽  
pp. 2803
Author(s):  
Huaide Wen ◽  
Jun Dai
Keyword(s):  
Sustainable Development ◽  
Human Capital ◽  
Environmental Pollution ◽  
Knowledge Economy ◽  
Technological Progress ◽  
Inflection Point ◽  
Physical Capital ◽  
Production Factors ◽  
Main Production ◽  
Traditional Economy

This paper extends the “sources of growth” explanation for the Environmental Kuznets Curve (EKC) proposed by Copeland and Taylor in a concise theoretical framework, that is, when the sources of growth are transformed from physical capital and labor to human capital and knowledge, the environmental pollution could at first rise and then fall with a sustainable growth in per capita income. Using the provincial panel data from 1995 to 2017 in the mainland of China, an empirical analysis is carried out by the System Generalized Method of Moment (sys-GMM). The results show that: first, the EKC hypothesis exists in China. The inflection point for SO2 emissions has been passed in all of the provincial regions, and for CO2 and comprehensive environmental pollution losses have not been passed in some regions, but the inflection point from the national average level in China has been passed; second, the main production factors of the traditional economy, physical capital and labor, are positively correlated with environmental pollution, while human capital and green technological progress, the main production factors of the knowledge economy, are negatively related to environmental pollution; third, human capital and green technological progress have become important factors to promote economic growth, and human capital, in particular, has become the primary factor, which indicates that China is in the process of transforming traditional economy into a knowledge economy. The stage of China’s economic development and the trend of environmental pollution is consistent with the extended “sources of growth” explanation for the EKC, which proved the theoretical hypothesis. This has an important practical significance for China’s current economic reform and important theoretical value for the economic transformation and sustainable development of developing countries. The paper finally puts forward corresponding policy recommendations.

Growth strategy with social capital, human capital and physical capital-Theory and evidence: The case of Vietnam

2018 ◽  
Vol 20 (5) ◽  
pp. 768-787 ◽  
Author(s):  
Cuong Le Van ◽  
Anh Ngoc Nguyen ◽  
Ngoc-Minh Nguyen ◽  
Michel Simioni
Keyword(s):  
Social Capital ◽  
Human Capital ◽  
Physical Capital ◽  
Growth Strategy ◽  
Capital Theory
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