Factors Affecting Human Capital in Singapore

Hours Worked ◽

Correlation Tests ◽

Human Capital Index ◽

The Relationship ◽

Positive Effect ◽

Growth Indicators

The human capital index is a multivariate variable used to measure the assessment of human resource productivity in the future. Human capital has a connection with economic development. Moreover, the study looks to analyses the relationship between Human Capital and Economic Growth indicators such as HCI and GDP. Human Capital relates to the development of individual skills to make them function more profitable for the national economy. The study was aimed at investigating the effect of population, the number of people engaged and the average annual hours worked by engaged persons on the human capital index. The analysis was in SPSS for the findings. Correlation tests were used for analysis. The study revealed that population, the number of people engaged and the average annual hours worked by engaged persons had a significant positive effect on the human capital index.

Financial Development and Economic Growth in ASEAN-5 Countries

Global Business Review ◽

10.1177/0972150918802684 ◽

2018 ◽

Vol 20 (1) ◽

pp. 57-71 ◽

Cited By ~ 4

Author(s):

Chinnasamy Agamudai Nambhi Malarvizhi ◽

Yashar Zeynali ◽

Abdullah Al Mamun ◽

Ghazali Bin Ahmad

Keyword(s):

Economic Growth ◽

Financial Development ◽

Economic Efficiency ◽

Capital Accumulation ◽

Physical Capital ◽

Domestic Investment ◽

The Relationship ◽

Physical Capital Accumulation ◽

This article explores the relationship between financial sector development and economic growth, using a sample of ASEAN-5 countries (Malaysia, Indonesia, Singapore, Thailand and Philippines) from 1980 to 2011. More specifically, this study investigates whether higher levels of financial development (FD) are significantly and robustly correlated with faster current and future rates of economic growth, physical capital accumulation and economic efficiency improvements. Findings of this study revealed that FD has a significant positive effect on economic growth. However, the estimated models show that the influence of FD, as a determinant for economic growth of ASEAN-5 countries, is less than that of domestic investment and export.

Relationship between Military Expenditure and Economic Growth in ASEAN: Evidence from Indonesia

Journal of ASEAN Studies ◽

10.21512/jas.v1i2.63 ◽

2013 ◽

Vol 1 (2) ◽

pp. 90

Author(s):

Tangguh Chairil ◽

Dedy Sinaga ◽

Annisa Febrianti

Keyword(s):

Economic Growth ◽

Human Capital ◽

Cold War ◽

Causal Relationship ◽

Military Expenditure ◽

Post Cold War ◽

Increasing Trend ◽

Multiplier Effects ◽

The Relationship ◽

World military expenditure in post-Cold War world shows increasing trend especially in ASEAN region; Indonesia is no exception. The trend may have been supported by the argument that military expenditure has positive multiplier effects on economic growth. Unfortunately, there have been not too many studies on the effect of military expenditure on economic growth in the Indonesia context. This paper examines the topic by first reviewing literature on the relationship between military expenditure and economic growth, then by empirically testing the causal relationship between the two variables by using the Augmented Sollow Growth Model. The result shows that Indonesia's military expenditure has positive effect on the country's economic growth, which is most possibly caused by development of human capital as effect of military expenditure.

The Impact of Directors’ and Officers’ Liability Insurance on Corporate Performance: An Empirical Evidence from the Data of Chinese Listed Financial Enterprises

Advances in Social Sciences Research Journal ◽

10.14738/assrj.71.7427 ◽

2020 ◽

Vol 7 (1) ◽

pp. 35-45

Author(s):

Zhe Sun

Keyword(s):

Significant Positive Correlation ◽

Corporate Performance ◽

Liability Insurance ◽

Insurance Companies ◽

Factors Affecting ◽

Directors And Officers ◽

The Impact ◽

The Relationship ◽

Based on data of the listed banks and insurance companies from 2011-2016, this paper studies the factors affecting directors’ and officers’ liability insurance, the relationship between directors’ and officers’ liability insurance and corporate performance. Empirical research shows that there is a significant positive correlation between the company’s asset-liability ratio, corporate performance and directors’ and officers’ liability insurance. Directors’ and officers’ liability insurance has a significant positive effect on corporate performance of listed banks and insurance companies. The empirical findings of this paper will help to strengthen the understanding of directors’ and officers’ liability insurance in bank and insurance companies and promote the widespread use of directors’ and officers’ liability insurance in the future.

The Effects of New Entries on Economic Growth: a Story on Advanced and Laggard Sectors

10.26686/wgtn.16968388 ◽

2021 ◽

Author(s):

◽

Vera Hansen

Keyword(s):

Economic Growth ◽

Human Capital ◽

Theoretical Model ◽

Empirical Evidence ◽

Production Function ◽

Physical Capital ◽

Endogenous Growth Model ◽

The Relationship ◽

Positive Effect ◽

Douglas Production Function

<p>The main goal of this thesis is to construct a theoretical model that provides an explanation for the relationship between growth and new entry that is consistent with empirical evidence. The model is a four sector endogenous growth model in which there is a technologically advanced and a technologically laggard consumption goods which are imperfect substitutes. The production of each good requires its own stock of human capital and physical capital. The accumulation of physical capital and human capital in each industry is modelled by a Cobb-Douglas production function. The main result of the model is that new entries have a positive effect on the fraction of the existing stock of human capital devoted to the accumulation of human capital in both the advanced and laggard sectors. However, this effect is stronger in the advanced sectors than in the laggard sectors. This result is consistent with empirical evidence.</p>

The Effects of New Entries on Economic Growth: a Story on Advanced and Laggard Sectors

10.26686/wgtn.16968388.v1 ◽

2021 ◽

Author(s):

◽

Vera Hansen

Keyword(s):

Economic Growth ◽

Human Capital ◽

Theoretical Model ◽

Empirical Evidence ◽

Production Function ◽

Physical Capital ◽

Endogenous Growth Model ◽

The Relationship ◽

Positive Effect ◽

Douglas Production Function

<p>The main goal of this thesis is to construct a theoretical model that provides an explanation for the relationship between growth and new entry that is consistent with empirical evidence. The model is a four sector endogenous growth model in which there is a technologically advanced and a technologically laggard consumption goods which are imperfect substitutes. The production of each good requires its own stock of human capital and physical capital. The accumulation of physical capital and human capital in each industry is modelled by a Cobb-Douglas production function. The main result of the model is that new entries have a positive effect on the fraction of the existing stock of human capital devoted to the accumulation of human capital in both the advanced and laggard sectors. However, this effect is stronger in the advanced sectors than in the laggard sectors. This result is consistent with empirical evidence.</p>

An Empirical Study for European Countries: Factors Affecting Economic Growth and Self-Employment by Gender

Sustainability ◽

10.3390/su12229450 ◽

2020 ◽

Vol 12 (22) ◽

pp. 9450

Author(s):

Víctor M. González-Sánchez ◽

Antonio Martínez Raya ◽

Susana de los Ríos-Sastre

Keyword(s):

Economic Growth ◽

Human Capital ◽

Public Expenditure ◽

European Countries ◽

Early School Leaving ◽

Factors Affecting ◽

Self Employment ◽

Early School ◽

The Impact ◽

In economic literature, the relationship between entrepreneurship and economic growth has been widely discussed for some time now. In addition to the different theoretical approaches, a considerable amount of empirical works in recent decades have sought to verify the direct link between both variables by analyzing datasets from several distinct geographic areas. On one hand, it highlights the absence of a common indicator to measure entrepreneurship in practice relating to a country’s economic growth; on the other hand, it shows a great diversity of factors determining them. With the aim of providing new empirical evidence in the field of European entrepreneurship, this paper has analyzed data relating to 31 European countries over the last decade by introducing self-employment as an empirical proxy of entrepreneurship. In particular, this study contrasts the positive effect of public expenditure, investment, human capital, and entrepreneurship on economic growth for a wide range of countries and examines the impact of some economic and educational variables on self-employment, such as unemployment, taxes, education, and early school leaving. The estimation method used in this research had to consider the Ordinary Least Squares through a multiple regression model of constant coefficients based on annual Eurostat statistics for the period of 2010 to 2019. The results obtained verify the positive effect of public expenditure, investment, human capital, and entrepreneurship on economic growth. Moreover, the analysis of other factors affecting entrepreneurship, segregated by gender, shows how unemployment and the level of education have a positive impact on self-employment, while significant increases in the tax rate on capital and early school leaving harmed such variable. No significant differences were found between males and females.

The Effect of Fiscal Balance Funds on Local Economic Growth in Indonesia

Jurnal Ilmiah Administrasi Publik ◽

10.21776/ub.jiap.2020.006.02.17 ◽

2020 ◽

Vol 006 (02) ◽

pp. 297-304

Author(s):

Priyo Anggono

Keyword(s):

Economic Growth ◽

Human Capital ◽

Central Government ◽

Local Governance ◽

Capital Expenditure ◽

Fiscal Balance ◽

Local Economic Growth ◽

The Relationship ◽

Positive Effect ◽

Important Policy Implication

The fiscal balance funds are the funds from the central government for the local government, and it has become the main revenue for the local governance. As the main revenue, the fiscal balance funds could affect the local economic growth. By looking at the data from the period of 2011 to 2018, this essay investigates two things, first is the relationship between fiscal balance funds and the local economic growth. This essay also identifies what are the major determinants of local economic growth in Indonesia is. Furthermore, do the results differ across regional groups. The essay finds that the relationship between fiscal balance funds have positive effect on economic growth. With the most significant funds are the DAU and DAK. The results also confirm that increasing human capital would increase economic growth. This essay also finds that even though the results for regions vary, capital expenditure still shows positive effect for economic growth. The findings from this essay would have important policy implication for the central government in Indonesia in reviewing the fiscal balance policy and determining the priority sectors

TATA KELOLA BELANJA MODAL DAN BELANJA PEGAWAI UNTUK PENINGKATAN PERTUMBUHAN EKONOMI DAERAH DAN INDEKS PEMBANGUNAN MANUSIA DI KABUPATEN HULU SUNGAI TENGAH TAHUN 2010 - 2016

Jurnal Ilmiah Ekonomi Bisnis ◽

10.35972/jieb.v4i3.240 ◽

2018 ◽

Vol 4 (3) ◽

Author(s):

Mohamad Fajerin

Keyword(s):

Economic Growth ◽

Capital Expenditure ◽

Regional Economic Growth ◽

Path Coefficient ◽

Regional Economic ◽

Significance Level ◽

Relationship Of ◽

The Relationship ◽

Abstract: This article describes the results of governance research on capital expenditure (BM) and personnel expenditure (BG) in Hulu Sungai Tengah (HST) district. BM direct test results have a significant positive effect on regional economic growth in HST Regency 2010-2016, path coefficient of 0.310, significance level <5%, BM has a significant positive effect on economic growth, with a path coefficient of 0.468 significance level <5%, BM has a positive effect significant to HDI, path coefficient 0.301 with a significance level of <5%, BG has a positive and significant effect on HDI, path coefficient 0.582 significance level <5%; Regional economic growth has a significant positive effect on HDI, path coefficient 0.556 significance level <5%. Indirect testing of regional economic growth mediates the relationship of BM with shown path coefficients of 0.333, significance level of <5%, regional economic growth mediates the relationship of personnel expenditure with HDI indicated path coefficient 0.414 significance level <5%. Keywords: capital expenditure, employee expenditure, economic growth, HDI Abstrak: Artikel ini mendeskripsikan hasil penelitian tata kelola belanja modal (BM) dan belanja pegawai (BG) di kabupateh Hulu Sungai Tengah (HST). Hasil pengujian langsung BM berpengaruh positif signifikan terhadap pertumbuhan ekonomi daerah di Kabupaten HST 2010-2016, koefisien jalur sebesar 0,310, taraf signifikansi < 5%, BM berpengaruh positif signifikan terhadap pertumbuhan ekonomi, dengan koefesien jalur 0,468 taraf signifikansi < 5%, BM berpengaruh positif signifikan terhadap IPM , koefesien jalur 0,301 dengan taraf signifikansi < 5%, BG berpengaruh positif dan signifikan terhadap IPM, koefesien jalur 0,582 taraf signifikansi < 5%; Pertumbuhan ekonomi daerah berpengaruh positif signifikan terhadap IPM , koefesien jalur 0,556 taraf signifikansi < 5%. Pengujian tidak langsung pertumbuhan ekonomi daerah memediasi hubungan BM dengan ditunjukkan koefesien jalur 0,333 , taraf signifikansi < 5%, pertumbuhan ekonomi daerah memediasi hubungan belanja pegawai dengan IPM ditunjukkan koefesien jalur 0,414 taraf signifikansi < 5%. Kata kunci : Belanja modal, Belanja pegawai, Pertumbuhan ekonomi, IPM

Pengaruh Pendapatan Asli Daerah Dan Belanja Modal Terhadap Tingkat Kemandirian Keuangan Daerah Dengan Pertumbuhan Ekonomi Sebagai Variabel Moderating

JURNAL EKSPLORASI AKUNTANSI ◽

10.24036/jea.v2i1.216 ◽

2020 ◽

Vol 2 (1) ◽

pp. 2348-2361

Author(s):

Tri Utari Handayani ◽

Erinos NR

Keyword(s):

Economic Growth ◽

Data Analysis ◽

Sampling Method ◽

Capital Expenditure ◽

Financial Independence ◽

Analysis Techniques ◽

West Sumatra ◽

The Relationship ◽

This study aims to examine the effect of regional original income and capital expenditure on regional financial independence with economic growth as a moderating variable. The sample used in this study is the district / city of West Sumatra Province with a sampling method that is total sampling, so that a sample of 12 districts and 7 cities in West Sumatra is obtained. This study uses multiple regression data analysis techniques and residual tests for moderating tests. The results showed that the original regional income had a significant positive effect on regional financial independence, although the effect was only 8.1%. Capital expenditure does not affect the financial independence of the region and economic growth cannot moderate the relationship between the region's original income and capital expenditure to the financial independence of the region.