Human Capital as a Key Factor of Economic Growth in Crisis

Sultanova, Aleksandra V.; Чечина, О. С.

doi:10.35808/ersj/522

Cited by 41 publications

(37 citation statements)

References 13 publications

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“…Accumulation of human capital is also a matter of great significance for an economy as a whole. As shown by Lucas (1988), Mankiw et al (1992), Sultanova and Chechina (2016) and Barro (2001), human capital plays a vital role in development and economic growth. Accordingly, education must be provided and human capital must be accumulated for both individuals and an economy.…”

Section: Literature Reviewmentioning

confidence: 99%

Should the Government Promote Global Education?

Shimada¹

2019

ERSJ

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Purpose: Increased mobility of workers has made their competition intense. To increase employment opportunities, workers are attempting to build internationally transferable human capital and governments are responding to this situation by providing global education. This study attempts to find the effects of tertiary education's globalisation by the government on the labour-sending countries' human capital. Design/Methodology/Approach: This study employs an analytical method by solving the maximisation problem of a representative individual in the labour-sending country to derive the demand for education. Findings: Human capital increases by globalising education if the country's initial human capital is larger than the threshold level; however it decreases if the initial human capital is smaller than the threshold. Accordingly, in the process of education's globalisation, the disparity in human capital may widen among countries with large initial human capital and those with small one. Practical Implications: It is not necessarily appropriate for the labour-sending country's government to conduct the policy of tertiary education's globalisation. Originality/Value: This study reveals that global education may have negative consequences for the labour-sending country and that whether the government should conduct the policy of tertiary education's globalisation must be determined by observing their economic condition.

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Section: Literature Reviewmentioning

confidence: 99%

Should the Government Promote Global Education?

Shimada¹

2019

ERSJ

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“…Ram and Prabhakar (2011) conduct a research on the hospitality industry in Yordania showing that distributive justice influences employee engagement. Moreover, Gupta and Kumar (2012) report that distributive justice has a strong effect on employee engagement in the context of business in India (Sultanova and Chechina, 2016).…”

Section: Distributive Justice and Employee Engagementmentioning

confidence: 99%

Analysis of Antecedent and Consequence of Employee Engagement in Small and Medium-Sized Enterprises in Central Java, Indonesia

Handayani¹,

Anggraeni²,

Andriyansah³

et al. 2017

ERSJ

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Nowadays, employee is considered essential in an organization. The active role of the employee should be concerned by practitioners and academicians. This study aimed to investigate the antecedent and consequent variables of employee engagement.Distributive justice, absorptive capacity, and job design were believed as the antecedent factors influencing work engagement. Meanwhile, organizational citizenship behavior was believed as the consequent or output factor of employee engagement. The respondents were 134 employees of SMEs in Central Java, Indonesia.The results showed that distributive justice and absorptive capacity influenced employee engagement, whereas job design had no significant influence on employee engagement. Moreover, employee engagement had an effect on organizational citizenship behavior.

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“…Crosby (1983) defines quality as the conformity of an object, product, service or work with what is required or standardized. While Beeby (in Arend, 2007) views quality in terms of the process in terms of the effectiveness or accuracy and efficiency of the overall factors or elements that play a role in a process (Phinney, 1997;Sultanova and Chechina, 2016;Meskhi et al, 2016). Ambarita (2010) process and outcome are two important indicators of the quality of nonformal education.…”

Section: Introductionmentioning

confidence: 99%

Clustering in Education

Rahmat¹

2017

ERSJ

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This study aims to find out every educational institution has a unique style of leadership and has a tendency of closeness with certain leadership indicators. The method used in this research is cluster analysis belonging to interdependent analytical technique and aims to mapping based on grouping of leadership variable in nonformal education in Gorontalo province 2017. This analysis is done by placing observation simultaneously to then do the calculation as reference Profiling characteristic descriptions of each cluster to explain the differences that occur in each indicator.The researcher compiled a questionnaire in measuring the leadership type of multifactor leadership questionnaire. The standard deviation data results from each indicator are used in hierarchical and non-hierarchical cluster analysis. The results showed 1). These clusters of educational institutions have a transformational leadership model and emphasize the leaders' charism and especially the motivation of their members. 2). This cluster of educational institutions has a transactional leadership model but has a combination of transformational leadership characteristics, especially motivation. This cluster can be called Transactional and Motivational, 3). These clusters can be interpreted as educational institutions that have a transformational leadership model but have a combination of transactional leadership characteristics, especially exceptions. These clusters can be called Transformational and Exceptions, 4). These clusters can be interpreted as educational institutions that have a transformational leadership model and emphasize the leader's charism and especially the intellectual stimulation of its members. This cluster can be called Transformational Intellectual and Charismatic.Research suggestions that the transformational model or transactional model is the best model that can be used to achieve the best results in accordance with the conditions that exist in each unit of non-formal education.

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Human Capital as a Key Factor of Economic Growth in Crisis

Cited by 41 publications

References 13 publications

Should the Government Promote Global Education?

Should the Government Promote Global Education?

Analysis of Antecedent and Consequence of Employee Engagement in Small and Medium-Sized Enterprises in Central Java, Indonesia

Clustering in Education

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