THEORETICAL CONSIDERATIONS REGARDING THE CONTRIBUTATION OF HUMAN CAPITAL TO ECONOMIC GROWTH

Rodica Gherghina, Irina Ion and Elena Nicolae
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Irina Ion: Bucharest Academy of Economic Studies
Elena Nicolae: Bucharest Academy of Economic Studies

Theoretical and Applied Economics, 2011, vol. 5(558)(supplement), issue 5(558)(supplement), 460-465

Abstract: The scientific approach highlights the contribution of human capital in achieving economic growth. Theoretical considerations are presented first regarding theories and neoclassical growth models, and then some contributions of human capital and education to economic growth. In the present context it was considered necessary to study the influence of human capital on economic growth as the link between the two is obvious: human capital through education contributes to society and the quality of education depends on the level of development. Also, the authors present some empirical studies on the effects (results) of education on economic growth.

Keywords: economic growth; human capital; education; investing in education. (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:agr:journl:v:5(558)(supplement):y:2011:i:5(558)(supplement):p:460-465

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