The impact of human and physical capital accumulation on Chinese growth after 1994: A spatial econometric approach

Baudino, Marco

doi:10.1016/j.wdp.2016.08.001

Cited by 10 publications

(6 citation statements)

References 43 publications

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“…He also warns that public education expenditures can be “supply‐led” and of mediocre quality compared with private expenditures that are generally “demand‐led.” Similarly, Barro and Lee (1993, 1996), who have assembled a comprehensive data set on the average years of schooling caution that these common output measures may not adequately capture human capital accumulation. On the other hand, Baudino (2016) advocates using average years of schooling to lessen the problem of reverse causality from human capital to resource use in regression analysis.…”

Section: Defining Key Conceptsmentioning

confidence: 99%

The effects of natural resources on human capital accumulation: A literature survey

Mousavi

Clark

2021

Journal of Economic Surveys

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We survey the growing literature studying the effects of natural resource abundance or dependence on human capital accumulation, a key factor in development and economic growth. This survey distinguishes between measures of resource abundance versus dependence, and between input, outcome, or participation measures of education and health. We find that a majority of studies find adverse effects of natural resource abundance or dependence on education and health, but that a small to sizeable minority find mixed or beneficial effects. The sheer robustness of negative findings across numerous approaches lends credibility to theories that reliance on resource extraction risks negative effects on the quantity or quality of supply of education and health services, and the demand for advanced education. At the same time, the minority of studies finding positive resource effects suggests there are both methodological and policy lessons that can be learned.

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Section: Defining Key Conceptsmentioning

confidence: 99%

The effects of natural resources on human capital accumulation: A literature survey

Mousavi

Clark

2021

Journal of Economic Surveys

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“…According to Tavani and Zamparelli (2017), endogenous growth theory elevates knowledge or skills as a crucial economic variable as it drives inventions, discoveries and innovation that make other factors of production more effective. Baudino (2016), therefore, opined that investments in human capital have more lasting spillover effects on improved technology and economic output than investment in physical capital.…”

Section: Endogenous Growth Theorymentioning

confidence: 99%

Human Capital, Economic Growth and Poverty Reduction Nexus: Why Investment in Free Compulsory Universal Education Matters for Africa

Yalley

Francis

Anlimachie

et al. 2021

IJHSS

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This study uses a quantitative correlational design model to investigate the effects of human capital and economic growth on poverty reduction. The study sampled and analyzed 140 countries’ data from United Nations Human Development Index report, 2010 to 2018. Comparing data from Africa, Europe and Asia, the study found that human capital had a positive effect on economic growth, while economic growth had a negative effect on poverty. The study argues that poverty reduction in Africa matters in creating sustainable global futures and recommends investment into free universal pre-tertiary education as a strategy to combat poverty.

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“…The first is economic support from the provincial government. Because fixed asset investment plays an important role in China's economic development during the reform period (Baudino, ; Wang & Yao, ), the economic assistance from a higher administrative level provides an important source of investment to boost local economic growth (Raiser, ). Homegrown provincial party secretaries are likely more willing to provide such support to subprovincial leaders, whom they knew for years.…”

Section: Research Questions and Research Designmentioning

confidence: 99%

Familiarity breeds growth: The impact of factional ties on local cadres’ economic performance in China

Wong

Zhong

2019

Economics & Politics

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Some attribute China's rapid economic growth to a cadre promotion system that rewards economic performance. Others argue that political promotion in China hinges on factionalism. Extant empirical studies often assume that performance can be measured independently from the effect of factionalism. We test the validity of this assumption by examining whether local cadres’ economic performance would change as a result of losing vertical ties to a higher authority. We find an immediate increase in the growth rates of local GDP and government revenue. However, the performance change is mediated by the type of succeeding leaders, as it occurs only under locally promoted leaders who have existing ties with the local cadres. We further examine various channels through which a leader's insider status may affect local economic performance and find that newly appointed outsider leaders would cut fiscal transfers to the local level, which may explain the drop in their short‐term performance.

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The impact of human and physical capital accumulation on Chinese growth after 1994: A spatial econometric approach

Cited by 10 publications

References 43 publications

The effects of natural resources on human capital accumulation: A literature survey

The effects of natural resources on human capital accumulation: A literature survey

Human Capital, Economic Growth and Poverty Reduction Nexus: Why Investment in Free Compulsory Universal Education Matters for Africa

Familiarity breeds growth: The impact of factional ties on local cadres’ economic performance in China

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