Education, Divorce, and Household Income Inequality in Hong Kong

2017 ◽  
Author(s):  
Yue Chim Richard Wong
Keyword(s):  
Human Capital ◽  
Early Childhood ◽  
Income Inequality ◽  
Government Policy ◽  
Capital Investment ◽  
Divorce Rates ◽  
The Government ◽  
Income Dispersion ◽  
Early Childhood Students

Education is the most important determinant of income dispersion among individuals and, indirectly, among households. Government policy should place human capital investment at the center of its strategy to reduce poverty and enhance inter- generational mobility. Rising divorce rates should be given far more attention as a growing source of poverty that impedes intergenerational mobility. Investing in the children of poor and broken families is the best policy to reduce long-term income inequality. Society should provide additional subsidies and support to students from these families as an investment in their human capital, especially during their early childhood. Students with ability should be offered scholarships to study in the best schools. The government does not have to fund everything, but it should take the lead to encourage private contributions for this purpose.

scholarly journals Analysis of Factors Influencing Household Human Capital Investment Behavior in Conflict Zones: A Case Study of District Swat

2020 ◽  
Vol 6 (4) ◽  
pp. 881-891
Author(s):  
Amjad Amin ◽  
Danish Alam ◽  
Nadeem Iqbal
Keyword(s):  
Human Capital ◽  
Capital Investment ◽  
Government Investment ◽  
Conflict Zones ◽  
Post Secondary ◽  
Education Status ◽  
The Government ◽  
Indirect Relationship

Development of human capital, as part of public policy, is critical for sustainable socio-economic development of a country. This study analyzed the factors that influenced the household behaviour of spending on human resources in terrorism affected region of district Swat. The uniqueness of the current study is to study human capital behaviour in the study area. The econometric technique (OLS) was applied to analyze the data. The study found that there are direct and indirect relationship exists among the targeted variables. It was found that health and education status is negatively affected by the incidence of terrorism. The education system drastically affected and the enrolment rate at the primary, secondary and post-secondary levels have exceptionally declined because of the aftermath of terrorism episode between 2002 and 2016. Health, education facilities and infrastructure are deteriorating posing a threat to long term development. The effective policies of the Government (investment in human capital) and eradicating terrorism (military actions) is a demanding subject of matter for the sake of development in the area.

Rethinking Labor Demand

2020 ◽  
pp. 174-194
Author(s):  
Phillip Brown
Keyword(s):  
Human Capital ◽  
Labor Markets ◽  
Capital Investment ◽  
Labor Demand ◽  
Occupational Structure ◽  
Life Chances ◽  
Orthodox Theory ◽  
Investments In Education ◽  
And Training

This chapter turns to questions of labor demand at the heart of the new human capital. It rejects Gary Becker’s claim that orthodox theory offered an entirely new way of looking at labor markets, where the main focus is on labor scarcity and a skills competition, in which individuals, firms, and nations compete on differential investments in education and training. It also rejects David Autor’s claim that the issue is not that middle-class workers are doomed by automation and technology, but instead that human capital investment must be at the heart of any long-term strategy for producing skills that are complemented by rather than substituted for by technological change. The chapter argues that the new human capital rejects the view that demand issues can be resolved through a combination of technological and educational solutions. Rather a jobs lens is required to shed new light on changes in the occupational structure, transforming the way people capitalize on their education, along with the distribution of individual life chances.

scholarly journals Optimal taxation with unobservable investment in human capital

2019 ◽  
Vol 72 (2) ◽  
pp. 501-516 ◽  
Author(s):  
Catarina Reis
Keyword(s):  
Human Capital ◽  
Capital Accumulation ◽  
Optimal Taxation ◽  
Capital Investment ◽  
Physical Capital ◽  
Income Taxes ◽  
Long Run ◽  
Positive Rate ◽  
The Government ◽  
Physical Capital Accumulation

Abstract In a Ramsey model of optimal taxation, if human capital investment can be observed separately from consumption, it is optimal not to distort human or physical capital accumulation in the long run, and only labour income taxes should be used. However, in reality the government can’t always distinguish between investment in human capital and pure consumption, so a tax on labour or consumption will necessarily tax human capital. We find that when investment in human capital is unobservable, the optimal policy is to tax human capital at a positive rate, even in the long run. Whether physical capital should be taxed or not depends on its degree of complementarity with human capital versus labour.

scholarly journals Population and Economic Growth Under Different Growth Engines

2017 ◽  
Vol 18 (2) ◽  
pp. 182-211 ◽  
Author(s):  
Alberto Bucci ◽  
Xavier Raurich
Keyword(s):  
Economic Growth ◽  
Growth Rate ◽  
Human Capital ◽  
Population Growth ◽  
Capital Accumulation ◽  
Capital Investment ◽  
Human Capital Investment ◽  
Physical Capital ◽  
Long Run

Abstract Using a growth model with physical capital accumulation, human capital investment and horizontal R&D activity, this paper proposes an alternative channel through which an increase in the population growth rate may yield a non-uniform (i.e., a positive, negative, or neutral) impact on the long-run growth rate of per-capita GDP, as available empirical evidence seems mostly to suggest. The proposed mechanism relies on the nature of the process of economic growth (whether it is fully or semi-endogenous), and the peculiar engine(s) driving economic growth (human capital investment, R&D activity, or both). The model also explains why in the long term the association between population growth and productivity growth may ultimately be negative when R&D is an engine of economic growth.

scholarly journals The Relationship between Rural Endowment Insurance and Rural Human Capital Investment : A Exploratory Study of hebei Province, P. R. China

2013 ◽  
Vol 64 (2) ◽  
Author(s):  
Sun Yifan ◽  
Amran Rasli
Keyword(s):  
Human Capital ◽  
Capital Investment ◽  
Elderly Care ◽  
Life Quality ◽  
Human Capital Investment ◽  
Chinese Government ◽  
Endowment Insurance ◽  
Rural Residents ◽  
Heavy Burden ◽  
The Government

In China, Elderly care of rural residents is a heavy burden for Chinese government. The inadequate of rural endowment insurance has resulted in the deficiency of education investment for the next generation, and in some poor families children even lost their chance of going to school. Therefore, it’s necessary to study the relation between rural endowment insurance and human capital. In 2009, a reform has begun. The contribution has been cut into 3 parts, rural residents only need to pay one third; the other 2 parts are paid by the government of the country and local village. 3 years past, this paper used regression analysis to see if the reform improved rural human capital investment, the result showed that there is no significant correlation. The government should do more work on publicity to let rural residents know the policy of new rural endowment insurance, to let them sure that they needn’t worry about their old age life quality.

scholarly journals Employers Size Wage Differential: Does Investment in Human Capital Matter?

2009 ◽  
Vol 48 (4II) ◽  
pp. 509-521 ◽  
Author(s):  
Zafar Mueen Nasir ◽  
Nasir Iqbal
Keyword(s):  
Human Capital ◽  
Labour Market ◽  
Capital Investment ◽  
Wage Differential ◽  
Labour Force ◽  
Jel Classification ◽  
Policy Implications ◽  
Strong Positive Relationship ◽  
The Government ◽  
Areas Of Interest

Wage differential due to employer size is one of the key areas of interest in labour market research because a strong positive relationship between employer size and wages has been observed in developed and developing countries. It is, however, relatively neglected area of research in Pakistan. The purpose of present study is to investigate the employer size wage differential by looking at human capital factors. The study is based on standard methodology and estimates earning functions on Labour Force Survey (LFS) data for year 2007-08. Results clearly show that human capital investment has a bigger role in determining wages in the larger firms as compared to smaller firms. The main policy implications emanating from the analysis are the higher investment in skill which increases opportunities for workers in the labour market for higher wages and for jobs with good characteristics especially in large sized firms. The government policy towards education and skill formation needs serious reforms and better allocation of funds so that people get chance to enhance their skill level hence wages. JEL classification: J31, J40, J24 Keywords: Wage Differential, Human Capital, Labour Market

scholarly journals TINJAUAN PENERAPAN PENGAMPUNAN PAJAK (TAX AMNESTY) DALAM MENINGKATKAN KESADARAN DAN KEPATUHAN WAJIB PAJAK ORANG PRIBADI PADA KPP PRATAMA JAKARTA – SUNTER.

account ◽  
2019 ◽  
Vol 6 (1) ◽  
Author(s):  
Ratiyah Ratiyah ◽  
Lukman Sri Muchtar
Keyword(s):  
Government Policy ◽  
Tax Reform ◽  
The State ◽  
Tax Revenues ◽  
Tax Amnesty ◽  
The Republic ◽  
The Government ◽  
Short Time

ABSTRACT   In order to maximize taxes, the Government carried out reforms by implementing policies thatwere driven by the smaller possibility of hiding assets outside the territory of the Republic ofIndonesia.  One part of the current tax reform is the government policy regarding the Tax Amnestyprogram.  This study aims to find out how to increase awareness and compliance of Taxpayers and tofind out the achievement of Tax Amnesty results.  The results of this study are that the awareness andcompliance of individual taxpayers in the tax amnesty program is quite high because the governmentseeks to improve several sectors, namely by conducting socialization from the government itself andfrom the tax service office.  The results of achieving Tax Amnesty are quite significant even thoughthere are several obstacles.  It means that the Tax Amnesty program is planned in the long term andwas managed well and the State will get an increase in tax revenues in a short time. Keywords: Tax Amnesty, Taxpayer  ABSTRAK   Dalam rangka memaksimalkan pajak, Pemerintah melakukan reformasi dengan menerapkankebijakan untuk terobosan yang didorong oleh semakin kecilnya kemungkinan untukmenyembunyikan harta kekayaan di luar wilayah Negara kesatuan Republik Indonesia. Salah satubagian dari reformasi perpajakan saat ini dengan adanya kebijakan pemerintah mengenai programTax Amnesty. Penelitian ini bertujuan mengetahui bagaimana meningkatkan kesadaran dankepatuhan Wajib Pajak dan untuk mengetahui pencapaian hasil Tax Amnesty. Hasil dari penelitianini yaitu Kesadaran dan kepatuhan wajib pajak orang pribadi dalam program tax amnesty cukuptinggi ini dikarenakan pemerintah berupaya untuk meningkatkan beberapa sektor yaitu denganmelakukan sosialisasi baik dari pemerintah itu sendiri maupun dari kantor pelayanan pajak dan hasilpencapaian penerapan Tax Amnesty cukup signifikan meski masih ada beberapa kendala. Yangartinya jika program Tax Amnesty direncanakan dalam jangka panjang dan dikelola dengan baik,Negara akan memperoleh peningkatan penerimaan pajak dalam waktu singkat. Kata kunci: Tax Amnesty, Wajib Pajak

scholarly journals PENGARUH EKSPOR TERHADAP PERTUMBUHAN EKONOMI INDONESIA

2018 ◽  
Vol 5 (2) ◽  
pp. 10-31
Author(s):  
Dara Resmi Asbiantari ◽  
Manuntun Parulian Hutagaol ◽  
Alla Asmara
Keyword(s):  
Economic Growth ◽  
Significant Influence ◽  
Capital Investment ◽  
Industrial Sector ◽  
Ordinary Least Squares ◽  
Short Term ◽  
Capital Goods ◽  
Agricultural Export ◽  
The Government

Economic growth is a matter of the economy in the long term and is influenced by various factors. This study aimed to analyze the effect of the agricultural export, industrial export, mining export, import of capital goods, government spending and gross fixed capital formation to economic growth of Indonesia. The analytical method used was Ordinary Least Squares (OLS) with Cochrane-Orcutt method. This study uses secondary data quarterly time series from 2000 Q1 to 2016 Q1 which is obtained from the Ministry of Trade, the Central Bureau of Statistics, Bank Indonesia and the Capital Investment Coordinating Board. The results showed that on the first model to see the effect of the aggregate exports on economic growth show that imports of capital goods have a significant influence in the short term to economic growth. While in the long term, the variables that have a significant impact on economic growth is GFCF. While the second model to see the role of exports by sector to economic growth getting results that exports in the industrial sector has a significant influence both in the short-term and long-term to economic growth. It concluded that outward looking policies has an effective impact to be applied in Indonesia if the Government to develop exports in the industrial sector.

scholarly journals Regime Stability and the Persistence of Traditional Practices

2021 ◽  
pp. 1-45
Author(s):  
Michael Poyker
Keyword(s):  
Standard Deviation ◽  
Government Policy ◽  
Political Regime ◽  
Traditional Practices ◽  
Genital Mutilation ◽  
Regime Stability ◽  
The Government ◽  
Set Up ◽  
Female Genital

Abstract I examine why the harmful tradition of female genital mutilation persists in certain countries while in others it has been eradicated. People are more willing to abandon their traditions if they are confident that the government is durable enough to set up long-term replacements for them. Using a country-ethnicity panel dataset spanning 23 countries from 1970 to 2013 and artificial partition of African ethnic groups by national borders, I show that a one-standard-deviation larger increase in political regime durability leads to a 0.1-standard-deviation larger decline in the share of newly-circumcised women, conditional on the presence of an anti-FGM government policy.

scholarly journals Investigating the Income Inequality in Indonesia: An Application of Autoregressive Distributed Lag Approach

2021 ◽  
Vol 2 (4) ◽  
pp. 184-193
Author(s):  
Zulfa Nazli ◽  
Abd. Jamal ◽  
Muhammad Nasir
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
Income Inequality ◽  
Urban Population ◽  
Skills Training ◽  
Short Term ◽  
Distributed Lag ◽  
Autoregressive Distributed Lag ◽  
Short And Long Term

This study investigates the effect of economic growth, urban population, unemployment, and human capital on income inequality in Indonesia. Annual data collected from World Development Indicator (WDI) is used from 1984 to 2019. The analytical method of this research is Autoregressive distributed lag (ARDL) to examine the short and long-term relationships. The results show that economic growth positively and significantly affects income inequality in the short and long term. The urban population variable has a significant negative effect in the short term but not in the long term. The unemployment variable has a significant positive effect in the long run. Finally, human capital negatively affects the short term while not in the long term. Based on these findings, it is recommended that the government stabilize inequality by increasing progressive taxes, creating jobs, providing soft skills training beyond formal education, and socializing the concept of commuter work.

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