An Empirical Study on the Relationship Between Human Capital and Financial Capital—Taking the Information Industry and the Pharmaceutical a Shares of Listing Corporation as an Example
Fu-ying He ()
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Fu-ying He: Henan Polytechnic University
A chapter in Proceedings of 20th International Conference on Industrial Engineering and Engineering Management, 2013, pp 757-764 from Springer
Abstract:
Abstract The knowledge-based enterprises were taken as samples based on the quarter data from 2003 to 2010 in this paper. There was a two-way dynamic role among the output, human capital and financial capital by using the vector autoregressive (VAR) model, the stationary test, co-integration analysis, granger-causality test, impulse response function and variance decomposition. Moreover, the human capital was more important than financial capital.
Keywords: Financial capital; Human capital; VAR model (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-642-40072-8_76
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DOI: 10.1007/978-3-642-40072-8_76
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