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

Loredana Pribac; Andrei Anghelina

doi:10.1515/sues-2015-0020

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

Studia Universitatis „Vasile Goldis” Arad – Economics Series

Volume 25 (2015): Issue 3 (August 2015)

By: Loredana Pribac and Andrei Anghelina

Open Access

|Aug 2015

Abstract

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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Articles in this issue

DOI: https://doi.org/10.1515/sues-2015-0020 | Journal eISSN: 2285-3065 | Journal ISSN: 1584-2339

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Language: English

Page range: 35 - 44

Submitted on: Jun 1, 2015

Accepted on: Aug 1, 2015

Published on: Aug 25, 2015

Published by: Vasile Goldis Western University of Arad

In partnership with: Paradigm Publishing Services

Publication frequency: 4 issues per year

Keywords:

human capital,

education,

economic growth,

Related subjects:

Business and economics,

Political economics,

Economic policy,

Business management,

Financial reporting, group accounting, accounting and balancing,

Marketing, sales, customer relations,

Industries,

Banks, financial service provider, insurers

© 2015 Loredana Pribac, Andrei Anghelina, published by Vasile Goldis Western University of Arad
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Volume 25 (2015): Issue 3 (August 2015)