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Studia Universitatis „Vasile Goldis” Arad – Economics Series

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

Loredana Pribac PhD
  • Corresponding author
  • "Vasile Goldis" Western University of Arad
  • Email:
/ Professor Andrei Anghelina PhD
  • "Vasile Goldis" Western University of Arad
  • Email:
Published Online: 2015-08-25 | DOI: https://doi.org/10.1515/sues-2015-0020

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.

Keywords : human capital; education; economic growth; EU

References

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  • ***Barro & Lee Databases (2012)

  • ***Eurostat (2012), Statistics, Education, PISA.

  • ***United Nations, Population Division (2012) World Population Prospects, www.un.org

About the article

Received: 2015-06-01

Accepted: 2015-08-01

Published Online: 2015-08-25

Published in Print: 2015-08-01



Citation Information: Studia Universitatis „Vasile Goldis” Arad – Economics Series, ISSN (Online) 1584-2339, DOI: https://doi.org/10.1515/sues-2015-0020. Export Citation

© 2015. This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License. (CC BY-NC-ND 3.0)

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