HUMAN CAPITAL – A SOURCE OF ECONOMIC GROWTH IN ROMANIA. QUANTITATIVE INDICATORS FOR QUANTIFYING HUMAN CAPITAL
Our study had a double objective: to high light the causal relationship between human capital and economic growth, and then identify which of its dimensions or quantitative measures perform better in explaining the influence on the income per capita in Romania. The conclusions after analyzing the re...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Vasile Goldis University Press
2014-09-01
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Series: | Studia Universitatis Vasile Goldis Arad, Seria Stiinte Economice |
Subjects: | |
Online Access: | http://publicatii.uvvg.ro/index.php/studiaeconomia/issue/viewIssue/1/32 |
Summary: | Our study had a double objective: to high light the causal relationship between human capital and economic growth, and then identify which of its dimensions or quantitative measures perform better in explaining the influence on the income per capita in Romania. The conclusions after analyzing the results of econometric patterns estimates obtained make us see human capital as an important factor in economic increase, even if with certain specifications and measures of education we also obtained negative or inconclusive results. |
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ISSN: | 1584-2339 2285-3065 |