Pandemics and Human Capital: Panel Data Evidence From 122 Countries.

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  • Author(s): Sun J;Sun J; Cai K; Cai K; Shen H; Shen H
  • Source:
    Frontiers in public health [Front Public Health] 2022 Apr 25; Vol. 10, pp. 885957. Date of Electronic Publication: 2022 Apr 25 (Print Publication: 2022).
  • Publication Type:
    Journal Article; Research Support, Non-U.S. Gov't
  • Language:
    English
  • Additional Information
    • Source:
      Publisher: Frontiers Editorial Office Country of Publication: Switzerland NLM ID: 101616579 Publication Model: eCollection Cited Medium: Internet ISSN: 2296-2565 (Electronic) Linking ISSN: 22962565 NLM ISO Abbreviation: Front Public Health Subsets: MEDLINE
    • Publication Information:
      Original Publication: Lausanne : Frontiers Editorial Office
    • Subject Terms:
      COVID-19* ; Pandemics*; Gross Domestic Product ; Humans ; Income ; Uncertainty
    • Abstract:
      This study investigates the determinants of human capital stocks, measured by the Penn World Table data, in the panel dataset of 122 countries from 1996 to 2019. The special role is given to the World Pandemics Uncertainty index to measure pandemics uncertainty across countries. The paper finds that per capita gross domestic product and population increase human capital stocks. The decline in fertility rates leads to a higher level of human capital. The interesting evidence is that pandemics' uncertainty decreases human capital. These findings are valid when we focus on both the high-income and the middle/low-income economies. These results are against the Becker-Lewis theory's validity since sources of uncertainty are negatively related to human capital.
      Competing Interests: The authors declare that the research was conducted in the absence of any commercial or financial relationships that could be construed as a potential conflict of interest.
      (Copyright © 2022 Sun, Cai and Shen.)
    • References:
      MethodsX. 2021;8:101202. (PMID: 33996518)
      Front Public Health. 2021 May 28;9:674729. (PMID: 34123994)
      Front Public Health. 2021 Aug 04;9:681604. (PMID: 34422745)
      Public Choice. 2022;190(1-2):229-246. (PMID: 34720243)
    • Contributed Indexing:
      Keywords: COVID-19 pandemic; World Pandemics Uncertainty index; human capital stocks; pandemics uncertainty; panel data studies
    • Publication Date:
      Date Created: 20220513 Date Completed: 20220517 Latest Revision: 20220807
    • Publication Date:
      20240105
    • Accession Number:
      PMC9082271
    • Accession Number:
      10.3389/fpubh.2022.885957
    • Accession Number:
      35548078