Global Human Capital: View From Inclusive Wealth

Moinul Islam; Shunsuke Managi

doi:10.1016/B978-0-12-819057-9.00006-8

Global Human Capital: View From Inclusive Wealth

Moinul Islam, Shunsuke Managi

urban and environmental system

Research output: Chapter in Book/Report/Conference proceeding › Chapter

Abstract

The global human capital outlook depends greatly on improvements in the average education level of countries. Human capital, from better education, matters for economic growth, welfare, and happiness, but the significance of this relationship varies according to countries. This study uses the panel data of human capital over the period of 1990-2014 for 140 countries. The human capital data are constructed by using the information of average years of total schooling per person and from the present value of the average labor payment and the expected working period in life. This study also represents a comparative analysis between human capital and GDP per capita, the Human Development Index (HDI), genuine savings, and happiness. Finally, this study identifies the contribution of human capital in the global aggregate wealth composition.

Original language	English
Title of host publication	Measuring Human Capital
Publisher	Elsevier
Pages	39-54
Number of pages	16
ISBN (Electronic)	9780128190579
DOIs	https://doi.org/10.1016/B978-0-12-819057-9.00006-8
Publication status	Published - Jan 1 2021

All Science Journal Classification (ASJC) codes

Economics, Econometrics and Finance(all)
Business, Management and Accounting(all)

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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10.1016/B978-0-12-819057-9.00006-8

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Global Human Capital: View From Inclusive Wealth

Abstract

All Science Journal Classification (ASJC) codes

UN SDGs

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