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June 10, 2026Journal of Economic AnalysisOpen Access

Exploring the Link between Human Capital, R&D, Productivity, and their Growth Effects in Emerging and Developing Economies

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Authors

FSFrancesco Scalamonti

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Overview

Investigates the impact of human capital on R&D and productivity growth in emerging economies, suggesting integrated policy approaches.

Key Points

  • The research examines how human capital interacts with R&D investment and productivity to influence economic growth in emerging and developing economies.
  • Panel analysis of 60 emerging and developing economies from 2000 to 2023
  • Utilizes a system-GMM estimator to manage endogeneity
  • Evaluates the interaction of human capital with R&D and productivity
  • R&D and industrial productivity have weak or negative direct effects on growth
  • Human capital significantly enhances the positive impact of R&D on economic performance
  • Stronger effects observed in medium- and high-tech industries, emphasizing the need for skilled workforce alongside technology investments

Cite This Study

Francesco Scalamonti (2026) studied this question.

synapsesocial.com/papers/6a28fecb6f82f25be989c061https://doi.org/10.58567/jea05040002
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