The role of human capital in the structural change process

Detalhes bibliográficos
Autor(a) principal: Pinto, Michele Aparecida Nepomuceno
Data de Publicação: 2023
Outros Autores: Tebaldi, Edinaldo, Cunha, Marina Silva da
Tipo de documento: preprint
Idioma: eng
Título da fonte: SciELO Preprints
Texto Completo: https://preprints.scielo.org/index.php/scielo/preprint/view/7274
Resumo: The objective of this paper is to verify if human capital is an important determinant of structural change in different sectors of the economy and if it can accelerate the speed of this structural transformation. This paper contributes to the literature by developing an empirical test of the model proposed by Li et al. (2019) and by using the GMM methodology. It also uses two proxies for human capital (average years of schooling and the Penn World Table index) and structural change (employment and added value share) in order to verify whether or not they affect the variable of interest. Results showed that human capital has an essential role in the structural transformation process of the economy, since it has an effect on the relative participation of the sectors on total added value or on total employment. Also, human capital proved to be a potential accelerator of this structural transformation.
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spelling The role of human capital in the structural change processO papel do capital humano no processo de mudança estruturalCapital HumanoMudança EstruturalGMMHuman CapitalStructural ChangeGMMThe objective of this paper is to verify if human capital is an important determinant of structural change in different sectors of the economy and if it can accelerate the speed of this structural transformation. This paper contributes to the literature by developing an empirical test of the model proposed by Li et al. (2019) and by using the GMM methodology. It also uses two proxies for human capital (average years of schooling and the Penn World Table index) and structural change (employment and added value share) in order to verify whether or not they affect the variable of interest. Results showed that human capital has an essential role in the structural transformation process of the economy, since it has an effect on the relative participation of the sectors on total added value or on total employment. Also, human capital proved to be a potential accelerator of this structural transformation.O objetivo deste artigo é verificar se o capital humano é um determinante importante da mudança estrutural nos diferentes setores da economia e se este pode acelerar a velocidade dessa transformação. Este artigo contribui com a literatura ao desenvolver um teste empírico do modelo proposto por Li et al. (2019) e ao utilizar a metodologia GMM. O artigo também utiliza duas proxies para capital humano (anos médios de escolaridade e o índice Penn World Table) e mudança estrutural (participação do emprego e do valor adicionado), a fim de verificar se elas afetam ou não a variável de interesse. Os resultados encontrados mostraram que o capital humano tem um papel essencial no processo de transformação estrutural da economia, uma vez que afeta a participação relativa dos setores no valor agregado total ou no emprego total. Além disso, o capital humano provou-se ser um potencial acelerador dessa transformação estrutural.SciELO PreprintsSciELO PreprintsSciELO Preprints2023-10-30info:eu-repo/semantics/preprintinfo:eu-repo/semantics/publishedVersionapplication/pdfhttps://preprints.scielo.org/index.php/scielo/preprint/view/727410.1590/0103-6351/7791enghttps://preprints.scielo.org/index.php/scielo/article/view/7274/13665Copyright (c) 2023 Michele Aparecida Nepomuceno Pinto, Edinaldo Tebaldi, Marina Silva da Cunhahttps://creativecommons.org/licenses/by/4.0info:eu-repo/semantics/openAccessPinto, Michele Aparecida NepomucenoTebaldi, EdinaldoCunha, Marina Silva dareponame:SciELO Preprintsinstname:Scientific Electronic Library Online (SCIELO)instacron:SCI2023-10-30T14:55:20Zoai:ops.preprints.scielo.org:preprint/7274Servidor de preprintshttps://preprints.scielo.org/index.php/scieloONGhttps://preprints.scielo.org/index.php/scielo/oaiscielo.submission@scielo.orgopendoar:2023-10-30T14:55:20SciELO Preprints - Scientific Electronic Library Online (SCIELO)false
dc.title.none.fl_str_mv The role of human capital in the structural change process
O papel do capital humano no processo de mudança estrutural
title The role of human capital in the structural change process
spellingShingle The role of human capital in the structural change process
Pinto, Michele Aparecida Nepomuceno
Capital Humano
Mudança Estrutural
GMM
Human Capital
Structural Change
GMM
title_short The role of human capital in the structural change process
title_full The role of human capital in the structural change process
title_fullStr The role of human capital in the structural change process
title_full_unstemmed The role of human capital in the structural change process
title_sort The role of human capital in the structural change process
author Pinto, Michele Aparecida Nepomuceno
author_facet Pinto, Michele Aparecida Nepomuceno
Tebaldi, Edinaldo
Cunha, Marina Silva da
author_role author
author2 Tebaldi, Edinaldo
Cunha, Marina Silva da
author2_role author
author
dc.contributor.author.fl_str_mv Pinto, Michele Aparecida Nepomuceno
Tebaldi, Edinaldo
Cunha, Marina Silva da
dc.subject.por.fl_str_mv Capital Humano
Mudança Estrutural
GMM
Human Capital
Structural Change
GMM
topic Capital Humano
Mudança Estrutural
GMM
Human Capital
Structural Change
GMM
description The objective of this paper is to verify if human capital is an important determinant of structural change in different sectors of the economy and if it can accelerate the speed of this structural transformation. This paper contributes to the literature by developing an empirical test of the model proposed by Li et al. (2019) and by using the GMM methodology. It also uses two proxies for human capital (average years of schooling and the Penn World Table index) and structural change (employment and added value share) in order to verify whether or not they affect the variable of interest. Results showed that human capital has an essential role in the structural transformation process of the economy, since it has an effect on the relative participation of the sectors on total added value or on total employment. Also, human capital proved to be a potential accelerator of this structural transformation.
publishDate 2023
dc.date.none.fl_str_mv 2023-10-30
dc.type.driver.fl_str_mv info:eu-repo/semantics/preprint
info:eu-repo/semantics/publishedVersion
format preprint
status_str publishedVersion
dc.identifier.uri.fl_str_mv https://preprints.scielo.org/index.php/scielo/preprint/view/7274
10.1590/0103-6351/7791
url https://preprints.scielo.org/index.php/scielo/preprint/view/7274
identifier_str_mv 10.1590/0103-6351/7791
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv https://preprints.scielo.org/index.php/scielo/article/view/7274/13665
dc.rights.driver.fl_str_mv Copyright (c) 2023 Michele Aparecida Nepomuceno Pinto, Edinaldo Tebaldi, Marina Silva da Cunha
https://creativecommons.org/licenses/by/4.0
info:eu-repo/semantics/openAccess
rights_invalid_str_mv Copyright (c) 2023 Michele Aparecida Nepomuceno Pinto, Edinaldo Tebaldi, Marina Silva da Cunha
https://creativecommons.org/licenses/by/4.0
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv SciELO Preprints
SciELO Preprints
SciELO Preprints
publisher.none.fl_str_mv SciELO Preprints
SciELO Preprints
SciELO Preprints
dc.source.none.fl_str_mv reponame:SciELO Preprints
instname:Scientific Electronic Library Online (SCIELO)
instacron:SCI
instname_str Scientific Electronic Library Online (SCIELO)
instacron_str SCI
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reponame_str SciELO Preprints
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repository.name.fl_str_mv SciELO Preprints - Scientific Electronic Library Online (SCIELO)
repository.mail.fl_str_mv scielo.submission@scielo.org
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