Cultural Determinants of Economic Performance: An Experiment in Measuring Human Capital Flows

2019 ◽  
pp. 158-171
Author(s):  
Leslie Hannah
Keyword(s):  
Human Capital ◽  
Economic Performance ◽  
Capital Flows ◽  
Cultural Determinants

Human Capital and International Capital Flows: Evidence from China

2021 ◽  
pp. 016001762198942
Author(s):  
Zhenshan Yang ◽  
Yinghao Pan ◽  
Dongqi Sun ◽  
Li Ma
Keyword(s):  
Human Capital ◽  
Capital Flows ◽  
Global Economy ◽  
Global Market ◽  
International Capital Flows ◽  
International Capital ◽  
Outward Fdi ◽  
Local Economies ◽  
Vector Autoregressive ◽  
External Resources

The pattern of international capital flows has changed dramatically in the process of globalization. In this study, we argue that human capital (HC) facilitates a region’s reversal from being a net recipient of external resources to being an active contributor in the global market. Using a panel vector autoregressive regression method, we examine the relationships among regional HC, foreign direct investment (FDI), and outward FDI during 2004–2015 in China. Our results show that HC plays a key role in both attracting FDI and generating outward FDI. The findings contribute to research on the dynamic capacity building of regions participating in the global economy, especially strengthening HC for local economies participating in the global economy as either investment recipients or contributors.

scholarly journals INTRA ASEAN-5 CAPITAL FLOWS: DO THEY REPRESENT NEOCLASSICAL BELIEF OR LUCAS PARADOX?

2015 ◽  
Vol 18 (2) ◽  
pp. 157-182
Author(s):  
Nurul Qolbi ◽  
Akhmad Syakir Kurnia
Keyword(s):  
Human Capital ◽  
Capital Flows ◽  
Capital Flow ◽  
Marginal Product ◽  
Host Countries ◽  
Poor Countries ◽  
Quality Of Institutions ◽  
Marginal Product Of Capital ◽  
Asean Countries

In the neoclassical belief, capital flows downhill from rich to poor countries as a consequence of capital endowment variation. In contrast to the neoclassical belief, Lucas found evidence that capital tends to flow uphill. This paper investigates the intra ASEAN-5 capital flows. Using panel estimation, we found that marginal product of capital, human capital, total factor productivity growth, and the quality of institutions appear as determinants for the capital flow from Indonesia, Malaysia, Philippines, and Thailand to Singapore as a host country. On the contrary, the capital flow from Singapore to other ASEAN countries as host countries is encouraged only by the quality of institutions, human capital as well as per capita GDP. The result shows that Lucas variables emerge as determinants for the uphill and downhill capital flow in ASEAN-5. In the meantime, marginal product of capital that represents neoclassical variable appears as the determinant for uphill capital flow from other ASEAN countries to Singapore. This gives significant insight that Lucas variables emerge as companion to the neoclassical variables in explaining intra ASEAN capital flow

scholarly journals CEO HUMAN CAPITAL AND ECONOMIC PERFORMANCE: EVIDENCE FROM VIETNAM

2020 ◽  
Vol 1 (1) ◽  
pp. 1
Author(s):  
Thi Thao Luong ◽  
Thi Bich Nguyet Phan ◽  
Thi Hai Ly Tran ◽  
Duc Nam Phung
Keyword(s):  
Human Capital ◽  
Economic Performance

CEO human capital and economic performance: evidence from Vietnam

2021 ◽  
Vol 38 (4) ◽  
pp. 536
Author(s):  
Thi Hai Ly Tran ◽  
Duc Nam Phung ◽  
Thi Bich Nguyet Phan ◽  
Thi Thao Luong
Keyword(s):  
Human Capital ◽  
Economic Performance

Innovations in human resources management: impact on economic growth

2021 ◽  
Vol 5 (3) ◽  
pp. 53-65
Author(s):  
Monika Danova ◽  
Ivana Kravcakova Vozarova ◽  
Elena Sira
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
Economic Performance ◽  
Human Resources Management ◽  
Precise Determination ◽  
P Value ◽  
Strong Impact ◽  
Literary Sources ◽  
The Impact

In recent years, human capital has become increasingly emphasized as a factor of economic growth. Managing human capital could stimulate the whole economy to better performance in competitiveness. Although these indicators include several variables, there is no precise determination of which indicator mostly affects the country's economic growth. This paper summarizes the knowledge and approaches of several authors in the field of economic growth, knowledge economy, competitiveness, innovations and individual elements affecting these areas. It outlines the findings and provides some insight into the impact of individual factors on economic growth across recent studies. The main goal is to obtain information about the impact of education, its support, and its influence on economic performance on the example of empirical data documenting the qualitative parameters of the workforce. The use of selected indicators indicated their impact on the change in economic performance. The partial objective is to identify an indicator or set of indicators that could express the impact of human capital on economic growth. The study involved research methods such as analyzes, statistical methods such as correlation and p-value, and prediction for the next period based on past developments. The research object is the V4 countries – the Czech Republic, Slovakia, Hungary, and Poland. The findings pointed to the strong impact of the analyzed factors on economic growth. Besides, they showed which of the known ways to increase the efficiency of the labor factor were actually or little used in the sample countries. Undoubtedly, there is also an indicative and interesting comparison within a group or with other economies at a comparable economic and social development level. Finally, improvements to the current situation were proposed. The systematization of literary sources and approaches to economic growth helps identify possible proposals for improving competitiveness in the future, using innovative approaches.

scholarly journals Analyzing long-term empirical interactions between renewable energy generation, energy use, human capital, and economic performance in Pakistan

2019 ◽  
Vol 9 (1) ◽  
Author(s):  
Nousheen Fatima ◽  
Yanbin Li ◽  
Munir Ahmad ◽  
Gul Jabeen ◽  
Xiaoyu Li
Keyword(s):  
Human Capital ◽  
Renewable Energy ◽  
Economic Performance ◽  
Energy Use ◽  
Energy Generation ◽  
Causal Connection ◽  
Causality Analysis ◽  
Short Term ◽  
Renewable Energy Generation

Abstract Background The current research attempts to systematically investigate the causal interactions between renewable energy generation, aggregated energy use, human capital, and economic performance in Pakistan both in a short-term and long-term test for the period of 1990–2016. Methods As a primary step, a unit root analysis was conducted employing, among others, an augmented Dickey-Fuller-generalized least squares (ADF-GLS) test. Based on the order of integration I(1), the Johansen and Juselius (JJ) co-integration testing was employed to confirm a long-term causality analysis, which was followed by a vector error correction model (VECM) to calculate the short-run Granger causality analysis. Furthermore, the vector autoregressive (VAR)-based Cholesky test allowed the standard deviation impulse response functions to be generated to explain the responses of variables to arbitrary shocks in the data series under analysis. Results The empirical findings unearthed the bilateral causal connection between aggregated energy use and economic performance, renewable energy generation and economic performance, and human capital and economic performance. Thus, it confirmed the existence of feedback effects for aggregated energy use, renewable energy generation, and human capital in their relation to economic performance. Likewise, a unilateral positive causal connection was revealed running from renewable energy generation and human capital to aggregated energy use, and from human capital to renewable energy generation in both a long-term and short-term test. Additionally, the causal association running from aggregated energy use and renewable energy generation to economic performance was exposed in a long-term as well as short-term test, hence supporting the growth hypothesis. Conclusions The findings signified the importance of an enhanced generation of renewable energy along with the promotion of an aggregated energy use for the economic performance in Pakistan.

scholarly journals Entry Class and the Early Employment Experience of Immigrants in Canada

2009 ◽  
Vol 36 (3-4) ◽  
pp. 363 ◽  
Author(s):  
Kelli Phythian ◽  
David Walters ◽  
Paul Anisef
Keyword(s):  
Social Networks ◽  
Human Capital ◽  
Economic Performance ◽  
Employment Status ◽  
Longitudinal Survey ◽  
Economic Outcomes ◽  
Policy Implications ◽  
Skilled Workers ◽  
Immigrants And Refugees ◽  
The Social

Despite its policy importance, research related to the economic performance of immigrants by entry class is sorely lacking. It is generally presumed that immigrants selected on the basis of human capital will have better economic outcomes than unscreened immigrants; however, there is speculation that the social networks of family immigrants provide access to employment resources not available to others. Both arguments have merit, yet there is little research to support either claim. This study utilizes data from the Longitudinal Survey of Immigrants to Canada to investigate the association between entry class and employment status of immigrants six months after arrival. Findings reveal little difference between skilled workers and family immigrants, while business immigrants and refugees are much less likely to be employed. Policy implications are discussed.

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