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This paper presents the results of application of the parametrical regulation theory for economic growth of Kazakhstan national economy on the basis of the Lucas endogenous model with a personalized human capital. The parameters of the considered model are estimated using the statistical data of evolution of the Kazakhstan national economy. The parametric sensitivity of the model solution is surveyed...
Using the parameter estimation method and latent variable approach, this paper investigates China's industrial output elasticity and TFP growth, and estimate the contribution of various factors to output growth from 1952 to 2007. The main findings are that the growth mode of industrial is extensive from 1952 to 2007. But the importance of each factors to growth have phased characteristics, especially...
As human capital is one of the most important elements of productivity in the era of knowledge economy, talent training has become the fundamental work for industries in development. Yet, while promoting the investment of business institutions in the human capital of their employees, it is more important to make efforts in ensuring training quality and performance so as to enhance the willingness...
The study tests the performance effects of human capital, competitive strategies and the interaction of human capital with competitive strategies. Results from a survey of 131 listed companies in China's SME board support the relationship that human capital has a positive effect on the firm performance and differentiation competitive strategy positive effects on the firm performance. However, the...
To the fact that the labor productivity of large scale operation is too low in our country this paper expands Solow's model and use cross section, pool, (fixed effect) panel data model to carry on empirical analysis. All the results indicate fertility rate and human capital have important influence on labor productivity of the agricultural large scale operation. Through reducing rural fertility rate...
This paper empirically investigates the impact of technology transfer which consists of imports of technology and purchase of domestic technology on total factor productivity for a cross sectional sample of large and medium-sized industrial enterprises by 30 major provinces or regions in China. The possible determinants of total factor productivity are sought with special focus on technology transfer...
There is a sound theoretical basis to the argument that human capital contributes to economic growth. As an important component of human capital, health makes impact on economy at both individual and country level. This has immediate policy implications, in that it provides a rationale for economic policy-makers to use health investment via health care system, as one additional means of achieving...
Four kinds of firm resources, financial capital, physical capital, human capital and organizational capital are emphasized as the source of enterprise competitive advantages in business, however, human capital is not particularly considered as an important resource. However, the importance of human capital has been attracting attention recently. Unfortunately, this concept of human capital is not...
The human capital (HC) is the most important capital in the knowledge-based economy time, and the HC operations have certain impacts on enterprise performance. Based on the analysis of HC, HC operation and enterprise performance as well as literature research, the paper proposes the hypothesis of four dimensions of HC operations on effect of enterprise performance and constructs a structural equation...
This paper discusses the technology spillover effects of international services outsourcing by developing a model of endogenous technical progress represented by the increase of the varieties of intermediate inputs. Through the competitive equilibrium analysis, we conclude that the technology spillover of services offshoring can positively promote the growth rate of the undertaking country's productivity...
With the greatest turning period coming-the dominance of the community changing from the monetary and physical capital to the knowledge resource and human capital, knowledge workers has become the halo group of the society, who are considered as the most valuable asset of the organizations in the 21st century. The senior knowledge workers are workers who engage in productions, creations, expansions...
We empirically test the relative impact of general programming knowledge and application-specific knowledge on maintenance productivity. One hundred undergraduates participated in a quasi-experiment that required them to perform two maintenance tasks in sequence on an inventory control application. Each maintenance task involved a modification to the original application and the hours needed to complete...
Most existing efficiency or productivity literature assumes homogeneity in human capital when measuring the efficiency/productivity of firms. The empirical objective of this study is to investigate how the measures of productivity and efficiency are affected when human capital is heterogeneous but assumed homogeneous. The input-oriented radial Malmquist index is employed to measure total factor productivity...
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