scholarly journals Analysis of the Impact of Human Capital Investment and Allocation on the Upgrade of Industrial Structure in Guangdong

2017 ◽  
Vol 05 (01) ◽  
pp. 169-181
Author(s):  
En Chen ◽  
Mengmeng Zheng
2021 ◽  
Vol 2 (2) ◽  
pp. 161-192
Author(s):  
Samina Siddique ◽  
Zafar Mahmood ◽  
Shabana Noureen

With the growth of services economy worldwide, it has become essential for policymakers to comprehend the export competitiveness of nations to identify offshore export locations or alternatively offer their own sites as an exporting location. Human capital investment is considered as a key component in attracting foreign countries for outsourcing purposes. Earlier studies have shown mixed role of human capital investment on off shoring activities. This study assesses the effects of control variables (business environment, wages and IT infrastructure) and human capital investment on export of goods and services from the selected Asian outsourcing countries. Panel Estimated Generalized Least Square (EGLS) technique is used with country weights to specifically overcome the problem of autocorrelation. Empirical findings show that investment in human capital is significant for both goods and services exports. We found a large impact of human capital investment on exports of goods and services in selected Asian countries as compared to selected developed countries. Empirical findings further suggest that human capital is more essential for export of goods than export of services. From these findings, the study draws important implications for policymaking in countries who intend to offer themselves as an attractive location for exporting and for those who intend to locate their production activities overseas.


2018 ◽  
Vol 19 (4) ◽  
pp. 609-629
Author(s):  
Yongliang Zhao ◽  
Weihua Ruan ◽  
Yonghong Jiang ◽  
Junnan Rao

This paper aims to study the impact of salesperson human capital investment on the export performance of heterogeneous enterprises in China. To distinguish the different effects on the staff level and the management level, we define the human capital investment for the overall salespersons as human capital investment I and the human capital investment for the sales managers as human capital investment II, respectively measured by the salary of the ordinary salespersons and the ratio of expenses to sales. We find that human capital investment I has a significant positive effect on export performance, while human capital investment II shows a “positive U-shaped” relationship with export performance. Considering the heterogeneity of enterprise, the positive effect of human capital investment I is more significant than that of human capital investment II in enterprises with high R&D intensity. Moreover, with the improvement of technology intensity, both the promotion of human capital investment I and human capital investment II would generate greater influence on export performance.


The role of human capital and, more specifically, the role of on the job training, has been widely analysed in the economic literature. Moreover, in the field of hospitality and tourism some studies focus on the relationship between training and hotel performance. This paper goes beyond this goal. It analyses the role of training on the hotel occupancy but, furthermore, it measures the impact of this human capital investment on the growth of a region, measured in terms of production, added value and employment. It combines both, microeconomic data from a database of two hundred hotels and the macro perspective of the Balearic Input-Output table, allowing measurement of the positive externalities that human capital investment in the hotel sector generates through the rest of the economy. Results show a positive and significant impact on potential growth and employment that goes beyond the strictly tourism-related sectors. In terms of policy recommendations, this work gives meaning to the promotion of public policies encouraging training practices at hotel level.


Land ◽  
2021 ◽  
Vol 10 (10) ◽  
pp. 1015
Author(s):  
Lingyan Xu ◽  
Dandan Wang ◽  
Jianguo Du

The construction of green and smart cities is an important approach to enhancing the level of high-quality development and modern governance, in which infrastructure construction is the antecedent condition. From the perspective of green total factor productivity (GTFP), this paper adopts the SBM–GML (Slack-Based Model and Global Malmquist–Luenberger) index to measure the urban green and smart development level (GSDL) considering smart input–output factors. Based on the panel data of China’s 223 prefecture-level cities from 2005 to 2018, the dynamic impacts, temporal, and spatial differences of energy, transportation, and telecommunication infrastructure construction on the urban GSDL are discussed, and the threshold effects of urban scale are tested. The following conclusions are drawn: (1) On the whole, energy infrastructure inhibits the urban GSDL, while transportation and telecommunication infrastructures significantly promote it. There are distinct spatial and temporal characteristics among the impacts of these three infrastructures on the urban GSDL, in which the facilitating role of transportation and telecommunication infrastructures are further enhanced during the period of 2013–2018. Furthermore, the impacts of these three infrastructures on the urban GSDL all show “U” shape in terms of non-linearity. (2) Economic development level and industrial structure have significant positive effects on the urban GSDL, whereas human capital only has positive effect in the northeast and southwest regions, and government scale shows no positive impact yet. (3) There is a single threshold for the impact of urban scale on these three infrastructures, among which the impacts of energy and transportation infrastructures on the urban GSDL remain consistent before and after the threshold, while the impact of telecommunication infrastructure on the urban GSDL varies from having no significance to being positive when crossing the threshold. Thus, capital investment for infrastructure construction should be further allocated reasonably, the positive potential of human capital should be fully released, and the urban scale should be appropriately controlled in the future.


2021 ◽  
Vol 9 (8) ◽  
pp. 235-252
Author(s):  
Imen KHOUJA ◽  
Sina BELKHIRIA ◽  
Ons TLILI

Among growth factors of a company, its human capital, because of its hardly imitable trait. However, investing in human capital is intangible and risky, which makes its funding arduous. This article considered the impact of the company’s capital structure on the human capital investment decision through training using probit regressions. Among a sample of SMEs from 24 Eastern European countries, the results confirmed that bank loans foster trainings. However, an increase in self-financing slows down such investments.


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