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Full-Text Articles in Social and Behavioral Sciences
Human Capital, Education, And Entrepreneurs: Evidence From The Yangtze River Delta, Zhining Hu, Jianghuai Zheng, Jialing Wang
Human Capital, Education, And Entrepreneurs: Evidence From The Yangtze River Delta, Zhining Hu, Jianghuai Zheng, Jialing Wang
Economics Faculty Publications
This paper seeks to examine the relationship between education demand and entrepreneurs in the process of enhancing the growth of human capital in China. We develop a theoretical model that incorporates the important roles played by human capital, education and entrepreneurs. Then, we derive an immigration condition under which the demand for education depends on the existence of entrepreneurs. Finally, we test whether this condition holds true in China, using a panel data set from the Yangtze River Delta which is considered a key barometer of Chinese economy. The empirical results reveal a significant positive relationship between entrepreneurs and education …
Essays On Human Capital, Health Capital, And The Labor Market, Charles Hokayem
Essays On Human Capital, Health Capital, And The Labor Market, Charles Hokayem
University of Kentucky Doctoral Dissertations
This dissertation consists of three essays concerning the effects of human capital and health capital on the labor market. Chapter 1 presents a structural model that incorporates a health capital stock to the traditional learning-by-doing model. The model allows health to affect future wages by interrupting current labor supply and on-the-job human capital accumulation. Using data on sick time from the Panel Study Income of Dynamics the model is estimated using a nonlinear Generalized Method of Moments estimator. The results show human capital production exhibits diminishing returns. Health capital production increases with the current stock of health capital, or better …