The role of human capital in economic growth in coastal provinces of Southern central Vietnam
To examine the role of human capital in economic growth in coastal provinces of Southern Central Vietnam (SCV), the research employs data from balance sheets of eight provinces in this region and a neoclassical growth model with an extended Cobb-Douglas production function including the following va...
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| Định dạng: | Journal Article |
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Trường Đại học Kinh tế Tp. Hồ Chí Minh
2017
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| Truy cập trực tuyến: | http://digital.lib.ueh.edu.vn/handle/UEH/55287 http://jabes.ueh.edu.vn/Home/SearchArticle?article_Id=617f82da-e458-4c40-b6a8-8acb45955388 http://doi.org/10.24311/jed/2014.221.06 |
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| Tóm tắt: | To examine the role of human capital in economic growth in coastal provinces of Southern Central Vietnam (SCV), the research employs data from balance sheets of eight provinces in this region and a neoclassical growth model with an extended Cobb-Douglas production function including the following variables: output, capital, labor, human capital and other macroeconomic variables that have effects on economic development. The estimation results based on the fixed effect model show that the economic growth is affected by capital, labor, human capital, FDI, public expenditure, and agricultural production. Of this variable, the human capital is represented by average schooling year of laborers with an estimated effect of nearly 0.43% per a one-percent increase in the average schooling year. |
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