2016
DOI: 10.5296/ijhrs.v6i1.9059
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The Role of Human Capital in the Economic Development and Social Welfare In Albania

Abstract: Continuously, the relation between education and economic development has been the focus of development researchers' studies that study long-term growth. While theoretical models recognize education as the key to a country's economic growth (Bassanini and Scarpetta, 2001;Fuente and Ciccone, 2003; Jones, 2005 Bassanini, 2007, the importance of education is very low in empirical models.The reason for this discrepancy is that for a long time education is measured by the years attended in school and not by the kn… Show more

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Cited by 2 publications
(1 citation statement)
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“…This result indicates that human capital, like the developing country (Ethiopia), has a major role in the development and adoption of new technology. This finding has been proven to be consistent with previous studies (Claude Diebolt and Ralph Hipple, 2016;Costantini & Monni, 2008;Curea & Ciora, 2013;Dinkneh & Jiang, 2015;Mehrara & Musai, 2013;Mitaj, Muco, & Avdulaj, 2016;Obialor, 2017;Salisu & Bubari, 2019).…”
Section: Ardl Bounds Testssupporting
confidence: 93%
“…This result indicates that human capital, like the developing country (Ethiopia), has a major role in the development and adoption of new technology. This finding has been proven to be consistent with previous studies (Claude Diebolt and Ralph Hipple, 2016;Costantini & Monni, 2008;Curea & Ciora, 2013;Dinkneh & Jiang, 2015;Mehrara & Musai, 2013;Mitaj, Muco, & Avdulaj, 2016;Obialor, 2017;Salisu & Bubari, 2019).…”
Section: Ardl Bounds Testssupporting
confidence: 93%