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Human Capital Investment through Education and Training: an Overview

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  • Dhaoui, Elwardi

Abstract

We present in this paper the real importance and very contemporary human capital investment. Through a quantitative analysis, we present the level of human capital accumulation that countries are able to achieve. We also examine the significant part occupied by educational expenditure in the state budget of the some countries. The objective would be to estimate the value of human capital and emphasize how human capital influences various areas of everyday life of individuals. This implies that this notion is now at the heart of public policies in different countries. Public choices are directed in particular towards improving the education and training of people throughout the life cycle. Similarly, in the perspective of enlargement of human capital to a broader concept of intangible capital, we will try to see if there is a complementary relationship between human capital and cultural capital.

Suggested Citation

  • Dhaoui, Elwardi, 2013. "Human Capital Investment through Education and Training: an Overview," MPRA Paper 63690, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:63690
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    References listed on IDEAS

    as
    1. Jacob A. Mincer, 1974. "Introduction to "Schooling, Experience, and Earnings"," NBER Chapters, in: Schooling, Experience, and Earnings, pages 1-4, National Bureau of Economic Research, Inc.
    2. Jacob A. Mincer, 1974. "Schooling, Experience, and Earnings," NBER Books, National Bureau of Economic Research, Inc, number minc74-1, March.
    3. Robert Gibbons & Michael Waldman, 2004. "Task-Specific Human Capital," American Economic Review, American Economic Association, vol. 94(2), pages 203-207, May.
    4. Stigler, George J & Becker, Gary S, 1977. "De Gustibus Non Est Disputandum," American Economic Review, American Economic Association, vol. 67(2), pages 76-90, March.
    5. Nile W. Hatch & Jeffrey H. Dyer, 2004. "Human capital and learning as a source of sustainable competitive advantage," Strategic Management Journal, Wiley Blackwell, vol. 25(12), pages 1155-1178, December.
    6. Kevin Hollenbeck & Richard J. Willke, 1990. "Dislocated Worker Human Capital Depreciation and Recovery," Upjohn Working Papers 90-04, W.E. Upjohn Institute for Employment Research.
    7. Arrow, Kenneth J., 1973. "Higher education as a filter," Journal of Public Economics, Elsevier, vol. 2(3), pages 193-216, July.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Human Capital; Education; Training; Globalization; Cultural Capital.;
    All these keywords.

    JEL classification:

    • I0 - Health, Education, and Welfare - - General
    • I2 - Health, Education, and Welfare - - Education
    • I26 - Health, Education, and Welfare - - Education - - - Returns to Education
    • J2 - Labor and Demographic Economics - - Demand and Supply of Labor
    • J23 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Demand
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity

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