Impact of human capital development on productivity growth in EU member states

Business, Management and Education

Kristina Matuzevičiūtė¹  Alma Mačiulytė-Šniukienė² 

[1] Siauliai University, Social Innovation Research Centre of Siauliai University Research Institute,Visinskio str. 25, Siauliai, Lithuania;Vilnius Gediminas Technical University, Department of Business Sauletekio Ave. 11, Vilnius, Lithuania;

关键词: human capital;    productivity;    health care expenditure;    education expenditure;   

DOI  :  10.3846/bme.2018.66

来源: DOAJ

【 摘 要 】

In this research, we investigate the impact of human capital on labour productivity in European Union member states using panel data analysis. Results of the paper are estimated using the Pooled ordinary least squares (OLS) and Fixed effects model (FEM). The results show that human capital is positively significant in improving the growth of labour productivity in the EU. Our estimates also suggest that the impact occurs after three times lags in case of education expenditure.

【 授权许可】

Unknown