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October 3, 2025Management and Economics Research JournalOpen Access

The Potential Of Human Capital In The Economy: A Macroeconomic Analysis For The Economic Growth Chain

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Authors

VAV. AraújoLSLuiz Guilherme de Oliveira SantosKBKézia de Lucas Bondezan

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Overview

This analysis reveals significant links between human capital, education, and GDP growth in Brazilian states, suggesting implications for economic policy.

Key Points

  • A positive and significant impact of secondary education on GDP is evident in the study.
  • The analysis highlights the crucial role of education and access to services in driving sustainable economic growth.
  • Utilizing panel data from 26 Brazilian states, the fixed effects model illustrates clear correlations between education and economic progress.
  • Investments in human capital, particularly through education, are essential for long-term economic development in Brazil.

Cite This Study

Araújo et al. (2025) studied this question.

synapsesocial.com/papers/68e02f46f0e39f13e7fa2e32https://doi.org/10.18639/merj.2025.9900114
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Also Consider

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  1. 1ECONOMETRIC MODEL FOR ASSESSING THE IMPACT OF INVESTMENTS IN HUMAN CAPITAL ON THE GROWTH OF NATIONAL ECONOMIES2025
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  4. 4Factors of Human Capital Development: Inter-Country Comparative Analysis2025
  5. 5The Impact of Human Capital Investment on Economic Growth: Evidence and Policy Implications2025 · 1 citations