EDUCATION AND HEALTH – THEORETICAL ASPECTS REGARDING HUMAN CAPITAL
EDUCATION AND HEALTH – THEORETICAL ASPECTS REGARDING HUMAN CAPITAL
Author(s): Mihaela Simona GaleaSubject(s): Education, Health and medicine and law, Economic development, Human Resources in Economy
Published by: Editura Eurostampa
Keywords: education; health; human capital; economic growth;
Summary/Abstract: The purpose of this paper is to describe and analyze human capital in terms of education and health and its role in economic growth. Economists and specialists in other fields of science were concerned in their research of the determinants of economic growth process. Some of those who showed that only physical capital cannot, by itself, to influence growth and whose research efforts have led to a highly voluminous literature are: Smith (1776), Schultz (1961), Becker (1975), Nelson and Phelps (1966), Romer (1986), Mankiw, Romer and Weil (1992), Benhabib and Spiegel (1994), Temple (2001), Kruger and Lindahl (2001), Pritchett (2001), Psacharopoulos and Patrinos (1993, 2004); Hanushek and Woessmann (2009) etc. Leading indicators used in this analysis are education levels and life expectancy.
Journal: Anale. Seria Ştiinţe Economice. Timişoara
- Issue Year: XXII/2016
- Issue No: 22
- Page Range: 0-0
- Page Count: 6
- Language: English
