Relationship between human capital and economic growth: the case of Austria
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F47813059%3A19520%2F12%3A%230001857" target="_blank" >RIV/47813059:19520/12:#0001857 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
Relationship between human capital and economic growth: the case of Austria
Original language description
Impact of education, more precisely impact of skills and knowledge (human capital) to increase individual productivity and wealth of a nation, was already emphasized by classical economists. However, their opinions and findings were not included in detailed analyses and systematically processed. Comprehensive concepts of theory of human capital were introduced in the early Sixties of 20th century. In the last twenty years, the influence of human capital was confirmed by many economic studies, more precisely influence of education on economic growth and productivity. On the contrary, some experts criticize this unambiguous and inconclusive relation and some of them even disprove this hypothesis, publishing their studies. This paper considers the relationship of human capital and economic growth in Austria. The importance of human capital in the economic growth of this country is being proven by using two types of econometric analyses. One of them is cointegration test.
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
AH - Economics
OECD FORD branch
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Result continuities
Project
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Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2012
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
Proceedings of the 30th International Conference Mathematical Methods in Economics 2012
ISBN
978-80-7248-779-0
ISSN
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e-ISSN
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Number of pages
6
Pages from-to
344-349
Publisher name
Slezská univerzita v Opavě, Obchodně podnikatelská fakulta v Karviné
Place of publication
Karviná
Event location
Karviná
Event date
Jan 1, 2012
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
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