Features of Development of the Human Capital in Georgia

Beridze, Tamari; Tchanturia, Natalia; Kurashvili, Guguli

doi:10.1016/j.sbspro.2015.11.453

Cited by 10 publications

(12 citation statements)

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“…Similarly, the whole human capital including health, education and other components is also affected by different groups of factors. According to Tchanturia et al (2015) human capital formation and it's quality is related to internal and external factors. Opportunities to receive health care are separated as an external factors affecting human capital development.…”

Section: Independent Variablesmentioning

confidence: 99%

“…Bloom et al, (2004) attribute longer life expectancy to the number of employees with higher work experience. Tchanturia et al, (2015) describe human capital development and highlight the importance of direction of state policy, population income growth, social and economic infrastructure, improvements in migration policy, civil society development and others. The importance of the public sector in investing in human capital can be justified by interpreting the impact through several channels.…”

Section: Introductionmentioning

confidence: 99%

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The Impact of Public Health Expenditure on Health Component of Human Capital

Railaitė

Čiutienė

2020

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The analysis of the concept of human capital shows that this form of capital includes a set of different components that are used in economic activities and generates different kind of benefits. Health is one of the main components of human capital. Hence, considering its importance authors of this article tried to investigate the impact of public health expenditure on the health component of human capital. Ordinary least square, fixed and random effects panel data models for 28 European Union countries were used to reach this purpose. The main variables used in this study is life expectancy at birth (related to the health component of human capital) and general government health expenditure. It is known that there are other factors affecting health and human capital in general. Hence variables such as GDP grow, GINI coefficient, education level, alcohol consumption, old age dependency and urbanization rate were added in the models as explanatory variables. The results of the performed study show that public health expenditure has a positive and significant impact on the improvements of life expectancy. Selected fixed-effects panel data models also show significant and positive effects of the GDP growth, old age dependency while a negative effect is identified by alcohol consumption. The existing close relationship between health and education also is confirmed by this study. Results suggest that higher education level is positively and significantly related to life expectancy while a lower education has a negative impact on life expectancy.

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Section: Independent Variablesmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

The Impact of Public Health Expenditure on Health Component of Human Capital

Railaitė

Čiutienė

2020

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“…In terms of social and economic conditions, regional development relies on the potential of regions in the areas of human resources and employment, research and innovation capability, business sphere and institutional arrangements, competencies and resource allocation, infrastructure, etc. The quality of human resources is affected by the development of the human capital which depends on such directions of a state policy as improvement of education systems, increases in the income of the population, optimization of migration policy, improvement of social and economic infrastructure, development of social partnership and initiatives of the enterprise, support of development of civil society (Tchanturia et al, 2015). Human capital raises the standard and quality of life of people.…”

Section: Theoretical Frameworkmentioning

confidence: 99%

Socio-Demographic Potential of Human Resources in the Visegrad Regions

Koišová

Masárová

Ivanová

2021

Journal of Business Economics and Management

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Human resources are the key factor in the development of countries and regions. They affect the prosperity and competitiveness of the countries and regions. The purpose of the study was to assess the human resource potential in the V4 countries and to identify the groups of regions that share similar socio-demographic characteristics. Changes in these characteristics were tracked in the years of 2000, 2008, 2016 at the NUTS II level. Hierarchical cluster analysis was utilised as the main research method in order to identify the groups of regions where measures need to be taken to maintain regional development. We found out that the best conditions for the potential of human resources are concentrated mainly in metropolitan areas. On the other hand, there are regions that do not make sufficient use of their potential in the area of human resources development, e.g. the region of Východné Slovensko. It is the region with future prospects of human resource potential In the future it is necessary to remove shortcomings and low human resources potential in lowperforming regions.

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“…HC is observed from a social and also economical aspect for a company. HC can be summarized as the result of investment and accumulation of education, skills, abilities, motivation, energy and cultural development to create a group of people engaged in public reproduction, promoting economic growth and having an effect on the magnitude of revenue for company owners [19].…”

Section: Definition Of Human Capitalmentioning

confidence: 99%

An analysis of human capital investments, profitability ratios and company features in the EU

Pivac

Barać

Tadić

2017

CRORR

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Abstract. The aim of this paper is to explore the dynamics between human capital investments and company profitability measured by return on equity and profit margin ratios using panel data analysis over a five-year period. The research hypothesis assumes that more profitable companies have higher employee costs (human capital investment) and the opposite is also true. This specially refers to companies in human-capital-intensive industries, such as the information technology industry, where a company's most valuable asset is employee knowledge. Thus, the assumption is that such entities will have a greater part of intellectual capital capitalized through trademarks. Furthermore, this paper analyses whether the level of human capital investments significantly differ with regard to company size and listing status. Verification of empirical evidence is provided using a sample of approx. 5,000 companies in the European Union from the information technology industry for the period 2011-2015, i.e. approx. 25,000 company-year observations using an adequate panel data analysis technique.

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Features of Development of the Human Capital in Georgia

Cited by 10 publications

References 1 publication

The Impact of Public Health Expenditure on Health Component of Human Capital

The Impact of Public Health Expenditure on Health Component of Human Capital

Socio-Demographic Potential of Human Resources in the Visegrad Regions

An analysis of human capital investments, profitability ratios and company features in the EU

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