The Importance Of Human Capital For The Economic Development Of EU Regions

Laskowska Iwona () and Dańska-Borsiak Barbara ()
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Dańska-Borsiak Barbara: Proffesor at the University of Lodz, Department of Spatial Econometrics, Faculty of Economics and Socjology, University of Lodz, Poland

Comparative Economic Research, 2016, vol. 19, issue 5, 63-79

Abstract: The EU designs its cohesion policy with the primary purpose of reducing disparities in regional development. The success of the policy is largely determined by the identification of factors that contribute to such disparities. One of the key determinants of economic success is human capital. This article examines the relationship between the quality of human capital and economic development of EU’s regions. Using spatial analysis methods, the spatial dependencies between the growth of human capital and GDP per capita are investigated.

Keywords: European Union; regions; human capital; GDP per capita; Moran statistics; spatial regression; economic growth (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:coecre:v:19:y:2016:i:5:p:63-79:n:4

DOI: 10.1515/cer-2016-0038

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