Human capital development: Lessons from global corporate data

Shunsuke Managi, Masayuki Jimichi, Chika Saka

Research output: Contribution to journalArticlepeer-review

Abstract

This study investigated the inequitable distribution of income and visualized its association with human capital ratio in inclusive wealth by combining global corporate data with inclusive wealth data. The main findings show that employees tend to be better off in countries with a more human-capital-centered productive base, indicating that human capital development plays a vital role in promoting equitable distribution of income. In the pursuit of sustainable development goals, human capital investment could be an effective solution to reduce inequalities.

Original languageEnglish
Pages (from-to)268-275
Number of pages8
JournalEconomic Analysis and Policy
Volume72
DOIs
Publication statusPublished - Dec 2021

All Science Journal Classification (ASJC) codes

  • Economics and Econometrics
  • Economics, Econometrics and Finance (miscellaneous)

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