Human Capabilities and Economic Growth: A Comparative Human Capability Index

Mine Yilmazer    
Serkan Cinar    


The purpose of this paper is to contribute to research probing the underlying role human capital plays on economic growth in 1985-2011 for 17 developed and developing countries. Firstly, we examined the determinants of human capabilities and formulated a new human capital index (Comparative Human Capability Index). Secondly, we analyzed the relationship between human capital and economic growth using the endogenous growth model. Results of the panel cointegration tests support a long-run positive relationship between human capital and economic growth in both developed and developing countries, however our results show that human capital is more effective in developed countries than in developing countries.Keywords: Human Development; Economic Growth; Panel DataJEL Classifications: C33; O15

 Artículos similares

Alexandra ZBUCHEA,Loredana IVAN,Sergiu STAN,Costin DAMASARU     Pág. 9 - 27
The effectiveness of NGOs, similar to other types of organizations, depends on the quality and implication of their employees and volunteers. The literature highlights the role of learning capabilities, organizational learning, networking and community c... ver más

Margarita I?oraite     Pág. 313 - 319
Clusters becoming important field in Lithuania. Clusters aim to join forces to gain mutual benefits, accelerate the process of developing new products, services or technologies, and bring them to market, foster innovation and collaborate on science and b... ver más

Muhammad Ali, Abiodun Egbetokun and Manzoor Hussain Memon    
Revista: Economies

Mauro ROMANELLI     Pág. 117 - 128
Organizations proceed towards sustainability rediscovering the role of ethics and human resources. Managing human resources systems and designing work relationships is leading organizations to follow ethical approaches, values, and culture in starting en... ver más

Jorge Isaac Lechuga-Cardozo     Pág. 15 - 24
An exploratory assessment of the resources and capacities of Soledad-Atlantico wooden furniture manufacturers and dealers to carry out exports sales was conducted by means of a survey applied to a stratified sample of 19 MSMEs. We found that the majority... ver más