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Human capital and it's measurement approaches

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dc.contributor.author Totladze, Lia
dc.contributor.author Khuskivadze, Mamuka
dc.date.accessioned 2019-11-19T12:05:06Z
dc.date.available 2019-11-19T12:05:06Z
dc.date.issued 2019
dc.identifier.citation The 4th International Scientific Conference: "Challenges of Globalization in Economics and Business", Tbilisi, 2019, pp. 151-156
dc.identifier.isbn 978-9941-13-890-4
dc.identifier.uri http://dspace.tsu.ge/xmlui/handle/123456789/508
dc.description 1. თოთლაძე ლ., ხუსკივაძე მ. ადამიანისეული კაპიტალის როლი ინკლუზიური მწვანე ზრდის უზრუნველყოფაში. საერთაშორისო სამეცნიერო კონფერენცია: „მწვანე ეკონომიკის“ ფორმირების თანამედროვე პრობლემები. თბილისი, 2019; 2. Advancing Green Human Capital. A FRAMEWORK FOR POLICY ANALYSIS AND GUIDANCE. ILO, 2017. 3. Barro, R. J. (1991). Economic Growth in a Cross Section of Countries. The Quarterly Journal of Economics, 106(2), 407-419. http://dx.doi.org/10.2307/2937943 4. Gang Liu and Barbara M. Fraumeni. Human capital measurement: country experiences and international initiatives. Cambridge University Press. Available at: https://www.cambridge.org/core/books/world-economy/measuring-human-capital-country-experiences-and-international-initiatives/906D913D0AC014F1CB61C768AB510B96 5. Ehrlich I., Dunli Li, Zhiqiang Lui. (2017). The Role of Entrepreneurial Human Capital as a Driver of Endogenous Economic Growth. Journal of Human Capital, vol 11(3), p. 310-351. 6. Ivo Šlaus and Garry Jacobs. Human Capital and Sustainability. „Sustainability” 2011, #3, 97-154; doi:10.3390/su3010097. 7. Inclusive Wealth Report 2018. Measuring Progress Towards Sustainability. Taylor and Francis Group. New York, 2018. 8. Mankiw, N. G., Romer, D., & Weil, D. R. (1992). A contribution to the empirics of economic growth. Quarterly Journal of Economics, 107, 407–438. 9. Mincer, J. J. (1997). The Production of Human Capital and the Life Cycle of Earnings: Variations on a Theme. Journal of Labor Economics, 15 (1), S26-S47. http://dx.doi.org/10.1086/209855 10. Mincer J, 1995, Economic Development, Growth of Human Capital, and the Dynamics of the Wage Structure, 1994-95 Discussion Paper Series No. 744, (September), Columbia University, p.38. 11. Romer, P. M. (1990). Human capital and growth: theory and evidence. National Bureau of Economic Research Working Paper No. 3173. 12. www. Worldbank.org en_US
dc.description.abstract Human capital is one of the fundamental factor for sustainable and inclusive growth. In this paper highlighted that without human capital it is impossible to achieve sustainable economic growth, as well as the formation of qualified workers controllers and maintain competitiveness on the world economic arena. Therefore measurement of human capital is undisputed. This study aims at providing a theoretical concept of human capital and its measurement that have been continually developed and empirically testing for decades. The paper discusses about human capital measuring methodologies. There are three general approaches to human capital measurement; The article deals with the essence of the human capital index as the new measure of human capital. Human capital index is developed by the World Bank and focuses on the productivity of next generation. en_US
dc.language.iso ge en_US
dc.publisher Ivane Javakhishvili Tbilisi State University Press en_US
dc.subject Human Capital, Human Capital Index, Economic Growth en_US
dc.title Human capital and it's measurement approaches en_US
dc.type Article en_US


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