Human Capital - The Effects of Education on Economic Growth within the European Union
Human Capital - The Effects of Education on Economic Growth within the European Union
Author(s): Loredana Ioana Pribac, Anghelina AndreiSubject(s): Economy, Human Resources in Economy
Published by: Editura Universităţii Vasile Goldiş
Keywords: human capital; education; economic growth; EU;
Summary/Abstract: Human capital has an impact on economic growth by several channels. This study presents a conceptual research model that we built starting from the economic increase models, which explain the way in which the revenue per inhabitant was created taking into account mechanisms, channels and influence factors. I applied this model to the member states of the European Union and the results obtained confirmed the existence of some positive effects of human capital – expressed through education – on economic growth.
Journal: Studia Universitatis Vasile Goldiş, Arad - Seria Ştiinţe Economice
- Issue Year: 25/2015
- Issue No: 3
- Page Range: 35-44
- Page Count: 10
- Language: English