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Human capital development: Lessons from global corporate data

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  • Managi, Shunsuke
  • Jimichi, Masayuki
  • Saka, Chika

Abstract

This study investigated the inequitable distribution of income and visualized its association with human capital ratio in inclusive wealth by combining global corporate data with inclusive wealth data. The main findings show that employees tend to be better off in countries with a more human-capital-centered productive base, indicating that human capital development plays a vital role in promoting equitable distribution of income. In the pursuit of sustainable development goals, human capital investment could be an effective solution to reduce inequalities.

Suggested Citation

  • Managi, Shunsuke & Jimichi, Masayuki & Saka, Chika, 2021. "Human capital development: Lessons from global corporate data," Economic Analysis and Policy, Elsevier, vol. 72(C), pages 268-275.
    • Handle: RePEc:eee:ecanpo:v:72:y:2021:i:c:p:268-275
    DOI: 10.1016/j.eap.2021.08.013
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