An Exploratory Factor Analysis for Measuring Human Capital Development After Global Economic Recession

DOI

10.2991/978-2-38476-092-3_129How to use a DOI?

Keywords

human capital development; exploratory factor analysis; economic recession

Abstract

In recent years, the fluctuation of economic growth and ever more uncertain events or emergencies have posed a serious threat to the sustainable development of human capital. This paper constructed a multi-dimensional index of human capital development (HCD) from the aspect of education, health, labour, population and modernization. Subsequently, an exploratory factor analysis (EFA) was adopted for measuring the level of HCD after global economic recession in 2008. As revealed from the results, the global recession posed a negative effect on the China’s HCD, while it soon changed to positive growth. The human capital indicators that related to education and science played main role in the growth of HCD.

Copyright

© 2023 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Shengwen Yan
AU  - Zhuoying Weng
AU  - Yujie Xie
PY  - 2023
DA  - 2023/09/09
TI  - An Exploratory Factor Analysis for Measuring Human Capital Development After Global Economic Recession
BT  - Proceedings of the 2023 9th International Conference on Humanities and Social Science Research (ICHSSR 2023)
PB  - Atlantis Press
SP  - 1046
EP  - 1052
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-2-38476-092-3_129
DO  - 10.2991/978-2-38476-092-3_129
ID  - Yan2023
ER  -