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Interações (Campo Grande)

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Abstract

VIANA, Giomar  and  LIMA, Jandir Ferrera de. The human capital theory and the economic growth. Interações (Campo Grande) [online]. 2010, vol.11, n.2, pp. 137-148. ISSN 1518-7012.  http://dx.doi.org/10.1590/S1518-70122010000200003.

This paper reviews the literature and discusses the main elements of human capital theory, especially its influence on economic growth. For the human capital theory, the education makes people more productive increasing their salaries and influence on economic progress. Besides the analysis of the possible benefits that education brings to the economic system and society as a whole, there are any restrictions or conditions that may inhibit their full performance. Among them, there is a difference between quantity and quality of education, since, even with a possible increase in continuous education; it may not reflect a sufficient quality to boost productivity and economic progress and social aspects of population.

Keywords : Human capital; Economic development; Education.

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