Capital Approach (capital + approach)

Distribution by Scientific Domains
Business, Economics, Finance and Accounting60%

Kinds of Capital Approach

  • human capital approach
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    Selected Abstracts

    CAN THE HUMAN CAPITAL APPROACH EXPLAIN LIFE-CYCLE WAGE DIFFERENTIALS BETWEEN RACES AND SEXES?

    ECONOMIC INQUIRY, Issue 1 2007
    HUOYING WU
    Using data from the National Longitudinal Survey of Youth,1979 cohort (NLSY79), this paper shows the importance of postschool human capital investment in describing both gender and racial wage gaps. The empirical results suggest that male-female wage gaps, regardless of race, are mainly caused by gender differences in the human capital production process; generally, men gain more work experience and therefore have lower marginal costs of human capital production. Black-white lifetime wage differentials could partly result from higher implicit interest rates for blacks, while the deterioration of black males' relative economic status as they age can be attributed to higher depreciation rates of their human capital stock. (JEL J24, J30, C61) [source]

    ICT Statistics at the New Millennium,Developing Official Statistics,Measuring the Diffusion of ICT and its Impact

    INTERNATIONAL STATISTICAL REVIEW, Issue 1 2003
    Heli Jeskanen-Sundström
    Summary The paper gives a short and very rough overview of the ongoing work in the field of statistics relating to the development of information and communication technology (ICT) and its impacts on the economies and on the society as a whole. It introduces three slightly different approaches with different emphasis on describing the emergence and diffusion of ICT and the respective economic and social change. These are termed the indicators approach, the new economy approach and the intellectual capital approach. The paper also discusses the basic requirements for the establishment of a new statistical system, as well as the present obstacles and problems of this work. Finally, some remarks are presented regarding further statistical co-operation in this field. Résumé Cet exposé donne un aperçu court et très approximatif du travail en cours dans le domaine de la statistique concernant le développement de la technologie de l'information et de la communication (TIC) et ses effets sur les économies et la société dans son ensemble. II propose trois approches un peu différentes, avec une accentuation distincte, sur la description de l'émergence et la diffusion de la TIC et le changement économique and social respectif. Celles-ci sont nommées l'approche des indicateurs, l'approche de la nouvelle économie et l'approché du capital intellectuel. Cet exposé traite également des conditions de base nécessaires pour la création d'un nouveau système statistique ainsi que des obstacles et des problèmes actuellement rencontrés dans ce travail. Enfin, l'exposé présente quelques remarques sur la coopération statistique future dans ce domaine. [source]

    Locating Critical Components of Regional Human Capital

    POLICY STUDIES JOURNAL, Issue 1 2001
    Michael C. Farmer
    Enormous attention has been devoted recently to the contributions of human capital in the strategic and competitive success of different regions. These advances by macroeconomists and trade theorists have important implications for understanding the influence of economic development programs in a rural environment. Drawing upon this research we argue that human capital concepts may offer a more effective basis for assessment of strategic resource needs and use within a rural setting. An approach using direct elicitation methods is outlined for developing human capital measures. One significant advantage of a human capital approach is the potential for creating indicators that bridge the interests of economic development and environmental programs. [source]

    Do welfare-to-work programmes work for long?

    FISCAL STUDIES, Issue 1 2004
    David Greenberg
    Abstract Evidence that welfare-to-work programmes in the USA succeed in boosting welfare recipients' earnings at modest cost has helped shape policy in Britain since 1997. So too has the belief that programmes that prioritise moving people into work quickly are more effective than ones that seek to enhance human capital. However, there is little evidence on how long the beneficial effects of programmes persist after individuals leave them. The analysis reported draws on the experience of 64 US welfare-to-work programmes that have all been evaluated using random assignment. It concludes that, on average, these programmes have a positive effect on participants' earnings for five to six years. The effects of ,work first' interventions are most marked early on and decline more rapidly than those of programmes emphasising human capital. Nevertheless, work first interventions typically increase earnings received over six years by more than two-and-a-half times that achieved by human capital approaches. [source]

    Development and initial validation of an instrument for human capital planning

    HUMAN RESOURCE DEVELOPMENT QUARTERLY, Issue 1 2008
    Kenneth J. Zula
    This article reports on development and validation of an instrument for use in human capital approaches for organizational planning. The article describes use of a team of subject matter experts in developing a measure of human capital planning, and use of exploratory factor analysis techniques to validate the resulting instrument. These data were obtained from a national survey of 494 human resource management and human resource development respondents. The article presents an instrument for assistance with human capital planning as a strategic human resource management tool and further reports on the initial validity and reliability measures resulting from the analysis. In addition, the usefulness of this instrument for human resource management and human resource development professionals is explored. [source]