<abstract xmlns="http://www.w3.org/1999/xhtml"><p>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.</p></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.

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

"Vasile Goldis" Western University of Arad

Studia Universitatis „Vasile Goldis” Arad – Economics Series

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

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...

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

Published Online: Aug 25, 2015

Page range: 35 - 44

Received: Jun 01, 2015

Accepted: Aug 01, 2015

DOI: https://doi.org/10.1515/sues-2015-0020

© 2015

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.