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Found 16 search results for: human capital
Valeriy Heyets (2021/1, Essays,
Endogenous Social Progress as a Source of Economic Growth
In this essay, the author argues that social capital and social progress should be treated as a separate endogenous source of economic growth and, consequently, it should be included in endogenous growth models, along with physical and human capital and technological progress. Social capital is a public good, which not only raises the individuals’ intellectual capacity but also increases (...)
Izabela Młynarzewska-Borowiec (2020/3, Articles,
Income Gap between the New and Old EU Member States and Its Determinants in the Period 1996–2017
In the period 1996–2017 there was a significant progress in reducing income disparities between the new member countries of the EU (EU-13) and the old EU member states (EU-15). The successes of individual new EU members in overcoming their income distance to Western Europe were diversified. It can be assumed that the catching-up process depends on the differentiated set of GDP per capita (...)
Katarzyna Świerczyńska, Łukasz Kryszak (2019/5, Articles,
The Impact Of Political Stability And Rule Of Law On Productivity In Sub-Saharan African Economies
The aim of the paper was to assess the impact of political stability and the rule of law on the productivity level in 40 economies of Sub-Saharan Africa in the years 1996–2014. Panel regression models with total factor productivity (TFP) as a dependent variable were applied. In addition, quantile regression method was used to analyze the changing nature of this influence depending on the (...)
Jacek Pietrucha, Rafał Żelazny (2017/5, Articles,
Interdependence of Innovations and Institutions: Consequences for GDP Growth
This paper examines the relationship between the creative economy index (CEI) and GDP growth. The authors assume that as a result of feedback between institutions, human capital and technology, conditions for creativity development arise, which is the accelerator for innovations at micro-, mezo- and macroeconomic levels – therefore, the creative economy develops. CEI is a composite index of (...)
Magdalena Olczyk (2017/5, Articles,
The Concept of International Competitiveness: A Bibliometric Approach
The aim of this paper is to present the results of meta-analysis carried out on the basis of bibliometric data of literature on international competitiveness published over the last 70 years and registered in the Web of Science, Scopus, Google Scholar and Econlit databases, using HistCite, Vosviewer and Pajek. The author tries to identify key publications, key authors and main research (...)
Michał Konopczyński (2014/6, Articles,
The Effect of Taxation and human capital on Economic Growth in Poland
The paper deals with the active macroeconomic policy (AMP) (fi scal and monetary), both supply – and demand-oriented. The primary aim of the supply-side policy is to stimulate the growth of the productive capacity of the economy while the aim of the demandside policy is full utilization of this capacity. The AMP is non-arbitrary if its aim can be adequately defi ned, including the sectoral (...)
Leszek Morawski, Olga Pilipczuk (2013/6, Articles,
Motherhood and Wage Rates for Women in Poland
A low fertility and low participation rates of women in the Polish labor market justify the interest about the wage cost of motherhood. Using panel data from the European Survey of Income and Living Conditions in Poland for the period of 2005-2008, the authors estimate that the wage cost of the first child in the family (measured as the part of potential earnings lost by the mother (...)
Grażyna Kozuń-Cieślak (2013/3, Articles,
The Effectiveness of Public Investment in human capital
Human capital is one of the major factors responsible for economic development; investments made in the human capital add to the wealth of nations, accelerating civilization progress and increasing international competitiveness. The aim of the article is to assess the effectiveness of public investments in human capital in the EU member countries using the linear programming method called (...)
Mikołaj Herbst, Piotr Wójcik (2012/2, Articles,
T his paper is aimed at investigating the presence of sigma and beta convergence regarding per capita GDP levels between the Polish subregions over the period 1995–2006. We verify the existence of absolute convergence, as well as convergence conditioned on the stock of physical capital, human capital, and the size of the central city, being emphasised in the literature as important factors (...)
Oded Stark (2010/6, Articles,
Policy Repercussions of “The New Economics of the Brain Drain”
In this paper I delineate novel policy repercussions suggested by my research on “The New Economics of the Brain Drain”. In section 1, I provide a succinct account of the model that inspires the derivation of several new policy implications. In sections 2 through 5, I present the policy implications. I address the following questions: When and how can migration to a country substitute for (...)
Jan Brzozowski (2010/6, Articles,
Brain Waste Among Skilled Expatriates and Investment in human capital
This paper describes how the brain waste, i.e. situation when skilled immigrants work in menial jobs, affects the economy of the sending country. Special emphasis has been put on the relationship between investment in education and the probability of emigration. The theoretical model presented in the paper shows that the prospect of brain waste tends to reduce the return to investment in (...)
Henryk Domański, Artur Pokropek (2009/5, Articles,
Regional differentiation of the relationship between the level of education and income
In previous studies on market transition in post-communist societies the link was missing between macro-level regional differences and individuals’ incomes. This analysis, based on the Polish national sample from 2006, is aimed at casting light on regional variation in the influence of education on income levels. Building a conceptual framework based on the theory of human capital we (...)
Urszula Płowiec (2008/6, Articles,
Innovativeness of Poland’s Economy and the National Strategy of Development
If Poland is to successfully face the challenges of globalization she should set out to build the society and the economy based on knowledge. The yardstick that measures advances in this field is constituted by the summary innovativeness index. Poland, however, among economies of UE occupies distant 23rd place. Poland’s Development Strategy and related to it Operational Programs for 2007 (...)
Waldemar Florczak (2008/2, Articles,
Human Capital in Empirics of Growth Modeling
The article surveys empirical research into the influence of human capital upon economic growth. The literature of this topic is very rich, so the survey – can hardly be exhaustive. The main criterion of selection of the reported contributions was their rank in the state of art. The survey can prove useful while investigating the role of human capital in the economic growth of Poland as it (...)
Waldemar Florczak (2007/5, Articles,
Micro and Macroeconomic Advantages Generated by human capital
The author presents microeconomic foundations of analysis of individual and societal benefits as well as of the external effects associated with human capital. This review article is based on frequent references to the results of empirical research. It had been assumed that human capital can be expressed in terms of individual’s level of education. The author proposes a coherent method of (...)
Joanna Siwińska (2007/5, Articles,
A Study on the Role of Education in Economic Development
Although theoretical models unequivocally demonstrate that education and human capital may stimulate economic development, the hitherto released results of empirical research are not equally univocal. At least a part of these results indicate that such dependency does not occur. The author attempts to once again verify the importance of education and human caital for development by means of (...)
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