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Research Article

The Crucial Role of Education in Shaping Human Capital Development

452 reads
Vilma DelaCruz , Regina Galigao
Psych Educ Multidisc J, 2024, 27 (10), 1171-1184, DOI: https://doi.org/10.5281/zenodo.14129904, ISSN 2822-4353
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Abstract

Education and training were important to the development of human capital which was key to economic and social development. This study employed data mining techniques in analyzing the effects of education investments on human capital returns and using statistical and econometric tools on big data to develop relationships that explain the role of different educational factors, including education quality availability, relevance of the curriculum, and education level, in the enhancement of human capital. The study showed that quality education policies, especially those that increase the supply of education, vocational training, and digital literacy, greatly improved individual performance and marketability at workplaces. This unlocked greater economic growth and better equity within society as well. This study therefore concurred with the need for an evidence-based approach to human capital development by formulating and implementing education interventions and policies that impact learning outcomes.

Keywords Data mining Education economic growth human capital development educational policies
Authors 2
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The team behind this paper

2 authors, 2 institutions.

This paper Department of Education — Philippines Department of Education 1 author Cebu Technological University — Philippines Cebu Technological Univ… 1 author Vilma DelaCruz — corresponding author VD Vilma DelaCruz ✉ Regina Galigao RG Regina Galigao

Readership

452 reads over 24 months.

November 2024 October 2026

Related work on SciMatic

Closest of 137 articles sharing keywords with this one. A rarer shared keyword counts for more than a common one.

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Vilma DelaCruz 0x33f494…B3892b 450,000 (45%)
Regina Galigao 0xAD4D69…b37a12 450,000 (45%)
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Bibliographic Information

Vilma DelaCruz, Regina Galigao, (2024). The Crucial Role of Education in Shaping Human Capital Development, Psychology and Education: A Multidisciplinary Journal, 27(10): 1171-1184
Bibtex Citation
@article{vilma_delacruz2024pemj,
author = {Vilma DelaCruz and Regina Galigao},
title = {The Crucial Role of Education in Shaping Human Capital Development},
journal = {Psychology and Education: A Multidisciplinary Journal},
year = {2024},
volume = {27},
number = {10},
pages = {1171-1184},
doi = {10.5281/zenodo.14129904},
url = {https://scimatic.org/show_manuscript/3960}
}
APA Citation
DelaCruz, V., Galigao, R., (2024). The Crucial Role of Education in Shaping Human Capital Development. Psychology and Education: A Multidisciplinary Journal, 27(10), 1171-1184. https://doi.org/10.5281/zenodo.14129904

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