人力资本理论(国外英文资料).docVIP

人力资本理论(国外英文资料) Chapter iii human capital theory The American economist Theodore w. Schultz put forward the theory of human capital. As early as February 1935, American economist John Walsh published the view of human capital. Him for the first time, adopting the method of cost - benefit, analysis of different education level students personal education cost and after graduation because of the ability to improve and make the income increase, and then calculate the yield of education. His paper is regarded as the first formal paper in the western study of education economics. In 1960, the investment in human capital was published, and the economic value of education was published in 1963, and the theory of human capital was established. The main representatives are schulz, denison and becker. Section 1 summary of human capital theory The concept of human capital The concept of capital According to marxist political economy, capital is a value that can bring residual value. Capital, plant, equipment, land, etc., as long as the surplus value is capital. It is a particular political and economic category in capitalist production relations, which reflects the capitalist exploitation of workers. For the first time, schultz and others have distinguished capital as material and human capital. Human capital It is the knowledge, the skills, and the ability to be present in the worker. It is also the knowledge and capacity that people invest in themselves to increase their personal future income and boost national economic growth. Physical capital A capital that is embodied in a certain quantity and quality, such as land, plant, equipment, etc. The similarities and differences between human capital and physical capital In the same way: both are productive for material production; Both increase personal income and increase national income; Its all invested, and its all profitable. The difference: the material capital can be transferred and inherited, while human capital cannot.