This research delves into the intricate dynamics between research and development (R&D) expenditure, educational attainment, human capital development, and economic progress in the realm of technological innovation, utilizing panel data analysis from 1996 to 2022. Nine nations Spain, Sweden, Finland, Denmark, Norway, Netherlands, United…

The purpose of this study is to investigate the dynamic relationship between unemployment and higher education participation. By using panel data covering 40 sub-Saharan African countries from 2000 to 2020, we opt to use a well-developed dynamic panel generalized method of moments estimator. The findings show that the youth unemployment rate has…

Purpose: This paper aims to depart from the premise that human capital investments and human capital outcomes are often tacit -- an aspect, which is often neglected in the current literature on entrepreneurial human capital. The idea of this conceptual paper is to shed light on the social process of how human capital investments and human capital…

This article describes a conceptual and empirical approach for estimating a human capital production function of child development that incorporates mother- or child-fixed effects. The use of mother- or child-fixed effects is common in this applied economics literature, but its application is often inconsistent with human capital theory. We…

This paper summarises the literature that has linked education and economic growth. It begins with an overview of the key concepts in neoclassical and endogenous growth models, and discussion on how these have been tested in the data. Issues with respect to specification, the measurement of human capital and causality are discussed, together with…

Domestic and international competition for STEM talent is driving institutions across the research and innovation landscape to consider new policies and partnerships for building and managing STEM knowledge and skills. New levels of investment in human capital to increase U.S. innovation capacity and competitiveness will require coordination and…

This study examines the impact of mandatory maternal education on child health in Turkey, where a non-trivial fraction of families restricted their daughters' schooling due to social and cultural barriers. The analysis employs two large data sets and exploits a quasi-experiment involving an education reform that increased compulsory schooling.…

How do poor entrepreneurs trade off investments in business enterprises versus children's human capital, and how do these choices influence intergenerational socio-economic mobility? To examine this, we exploit experimental variation in household income resulting from a one-time relaxation of household liquidity constraints (Field et al., 2013),…

An apprenticeship levy was introduced in England in 2017 to help the government meet its target of 3 million apprenticeships between 2015 and 2020. Training levies have been, until recently, something of an anathema in public policy circles in England with most having been abolished by the mid-1980s as the government moved towards creating a…

Though there is an existence of writings on human capital and its relationship to growth, but it has missed the economic impact of universities. It is known that the knowledge of economy has a positive role in achieving economic development. So my paper focuses on the role of education expenditure in achieving economic development. The human…

South Asian economies has witnessed very slow growth over the years and the gap has widened manifold between other nations of Asia particularly East Asian nations and South Asian nations. This paper examines co-integration between the economic growth and reach of higher education in South Asian nations explaining this disparity. The research…

This paper describes the effects of workers' investments in their own education in light of the complementarity the Acemoglu (1997) and Redding (1996) showed to exist between R&D and education investments. Despite the different investment efforts that economies pour into their economies, many developing, and least developed countries are…

For the past 20 years, early childhood education has undergone changes that have resulted from an alteration in Indonesian socio-political situations. One of the changes has resulted in the emergence of the internationalisation of early childhood education in Indonesia. This paper unpacks the complexity of the process. Three teachers from three…

The first two chapters of my dissertation paper detail the role of work-inducing welfare policies on single mother's human capital formation. These chapters focus on the two most important work-inducing policies that have transformed the welfare program in the United States from an out-work to an in-work assistance program: (1) welfare reform in…

The Government of Kenya spends 30% of its budget on education. It is commonly assumed that education has an important positive effect on economic growth, but to date the evidence for this assumption has been surprisingly weak. This study aimed at exploring the relationships between the amount of investments in education and economic growth. It was…