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Quality Of Human Capital In The European Union In The Years 2004-2013. Application Of Structural Equation Modeling

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dc.contributor.author Balcerzak, Adam P.
dc.contributor.author Pietrzak, Michał Bernard
dc.date.accessioned 2016-08-16T09:21:13Z
dc.date.available 2016-08-16T09:21:13Z
dc.date.issued 2016
dc.identifier.citation Proceedings of the International Scientific Conference Quantitative Methods In Economics (Multiple Criteria Decision Making XVIII),Vrátna, Slovakia, 25th May - 27th May 2016, pp. 7 - 11
dc.identifier.isbn 978-80-972328-0-1
dc.identifier.uri http://repozytorium.umk.pl/handle/item/3717
dc.description.abstract EU policy guidelines point out that improvement of quality of human capital (QHC) should be treated as an important factor supporting convergence process. Thus, the aim of the research is the identification of the variables that determine changes in QHC. It is assumed that QHC should be considered as a latent variable, which can be measured with application of Structural Equation Modeling (SEM). SEM includes confirmatory factor analysis and path analysis used in econometrics. In the research, the hypothetic SEM model was proposed for the years 2004-2013. Four subsets of observable variables were used: a) macroeconomic and labour market effectiveness, b) quality of education, c) national innovation system, d) health and social cohesion. The research confirmed significant influence of the proposed variables on the level of QHC and positive tendencies in changes of QHS in the EU countries.
dc.language.iso eng
dc.publisher The Slovak Society for Operations Research Department of Operations Research and Econometrics Faculty of Economic Informatics, University of Economics in Bratislava
dc.rights Attribution-NonCommercial-NoDerivs 3.0 Poland
dc.rights info:eu-repo/semantics/openAccess
dc.rights.uri http://creativecommons.org/licenses/by-nc-nd/3.0/pl/
dc.subject Structural Equation Model (SEM)
dc.subject quality of human capital
dc.subject European Union
dc.title Quality Of Human Capital In The European Union In The Years 2004-2013. Application Of Structural Equation Modeling
dc.type info:eu-repo/semantics/bookPart


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