Human Capital - The Effects of Education on Economic Growth Within the European Union

Human capital has an impact on economic growth by several channels. This study presents a conceptual research model that we built starting from the economic increase models which explain the way in which the revenue per inhabitant was created taking into account mechanisms, channels and influence fa...

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Main Authors: Pribac Loredana, Anghelina Andrei
Format: Article
Language:English
Published: Sciendo 2015-08-01
Series:Studia Universitatis Vasile Goldis Arad, Seria Stiinte Economice
Subjects:
Online Access:https://doi.org/10.1515/sues-2015-0020
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author Pribac Loredana
Anghelina Andrei
author_facet Pribac Loredana
Anghelina Andrei
author_sort Pribac Loredana
collection DOAJ
description Human capital has an impact on economic growth by several channels. This study presents a conceptual research model that we built starting from the economic increase models which explain the way in which the revenue per inhabitant was created taking into account mechanisms, channels and influence factors. I applied this model to the member states of the European Union and the results obtained confirmed the existence of some positive effects of human capital - expressed through education - on economic growth.
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spelling doaj.art-e8c84dd7ae384acdb3b83880badf55d32022-12-22T02:45:35ZengSciendoStudia Universitatis Vasile Goldis Arad, Seria Stiinte Economice1584-23392015-08-01253354410.1515/sues-2015-0020sues-2015-0020Human Capital - The Effects of Education on Economic Growth Within the European UnionPribac Loredana0Anghelina Andrei1"Vasile Goldis" Western University of Arad"Vasile Goldis" Western University of AradHuman capital has an impact on economic growth by several channels. This study presents a conceptual research model that we built starting from the economic increase models which explain the way in which the revenue per inhabitant was created taking into account mechanisms, channels and influence factors. I applied this model to the member states of the European Union and the results obtained confirmed the existence of some positive effects of human capital - expressed through education - on economic growth.https://doi.org/10.1515/sues-2015-0020human capitaleducationeconomic growtheu
spellingShingle Pribac Loredana
Anghelina Andrei
Human Capital - The Effects of Education on Economic Growth Within the European Union
Studia Universitatis Vasile Goldis Arad, Seria Stiinte Economice
human capital
education
economic growth
eu
title Human Capital - The Effects of Education on Economic Growth Within the European Union
title_full Human Capital - The Effects of Education on Economic Growth Within the European Union
title_fullStr Human Capital - The Effects of Education on Economic Growth Within the European Union
title_full_unstemmed Human Capital - The Effects of Education on Economic Growth Within the European Union
title_short Human Capital - The Effects of Education on Economic Growth Within the European Union
title_sort human capital the effects of education on economic growth within the european union
topic human capital
education
economic growth
eu
url https://doi.org/10.1515/sues-2015-0020
work_keys_str_mv AT pribacloredana humancapitaltheeffectsofeducationoneconomicgrowthwithintheeuropeanunion
AT anghelinaandrei humancapitaltheeffectsofeducationoneconomicgrowthwithintheeuropeanunion