Emmanuel Tetteh Odonkor for their financial support. The research design was modelled after what has been commonly employed in the existing literature in determining the impact of human capital on economic growth in Ghana. The study applied ordinary least squares regression OLS to estimate the models and perform data analysis.
They suggest that the main channel in which advanced technology can enter a country is through FDI, more specifically by MNCs. For workers to access new technology, they require some training which in turn leads to human capital accumulation and economic development.
Their findings also put forward that FDI has the effect of increasing total investment in the economy more than one-for-one, which suggests the complementarity between the domestic and foreign firms.
However, their findings suggest that there is a need for minimum threshold stock of human capital to be available in the economy for FDI to have its positive effects on economic growth. Therefore, FDI has a positive growth-effect when the country has a highly educated workforce that allows it to exploit FDI spillovers.
Likewise, Blomstrom, Lipsey, and Zejan find no evidence that education is critical.
However, they argue that FDI has a positive growth-effect when the country is sufficiently rich. Alfaro has the same results through his findings that FDI can promote economic growth. But, he believes that countries with well-developed financial markets can gain significantly higher.
Please order custom thesis paper, dissertationterm paperresearch paper, essaybook reportcase study from the Order Now page.Abstract This bachelor thesis examines if female education affects economic growth through human capital and fertility rate. To illustrate this aim, two country cases have been presented: India and Niger.
The concept human capital refers to the abilities and skill of human resources of a country (Adamu,), while human capital formation refers to the process of acquiring and increasing the number of persons who have the skills, education and experiences that are crucial for the economic growth and political development of a country .
The Causal Impact of Education on Economic Growth: Evidence from U.S. individuals' greater human capital but also a variety of externalities. For highly developed countries, the most frequently discussed externality is and economic growth are related, but the evidence points in a variety of directions.
For instance, if one favors the. In this section we are going to better explain why we consider the claim that human capital is the prime cause of economic development is wrongeconomic growth causes better institutions is inconsistent.
In a prominent human capital argument article by Glaeser et al. () the relation between human capital and growth is the point of . The Impact of Human Capital on Economic Growth in Ghana - Alexander Ayertey Odonkor - Bachelor Thesis - Business economics - Accounting and Taxes - Publish your bachelor's or master's thesis, dissertation, term paper or essayPages: Human capital and economic growth have a strong relationship.
Human capital affects economic growth and can help to develop an economy through the knowledge and skills of people.