Measuring the Effect of Human Capital as a Source of value in the Wood Sector of Galiza and Portugal (2002-2017)
Keyword(s):
While different approaches have been used to measure the human capital effect on company performance, it is less common testing the effects of the human capital as a source of value in a mostly unorganized sector like the wood and related industries in the Galicia (Spain) / Portugal region. The paper aims at measuring the effect of a single dimension of intellectual capital (human capital) and its value addition for the period of 2002-2017. The findings suggest that human capital is the main dimension that adds value to the wood sector, both in Portugal as well as in Galicia. This paper tests a new model to measure the effect of human capital to study its effects on the value addition to the wood sector.