HUMAN AND SOCIAL CAPITAL AS FACTORS OF INEQUALITIES IN ECONOMIC DEVELOPMENT OF EU COUNTRIES ; LJUDSKI I DRUŠTVENI KAPITAL KAO FAKTORI NEJEDNAKOSTI U EKONOMSKOM RAZVOJU ZEMALJA EU
The importance of human and social capital in the processes of growth and economic development has been broadly discussed in the literature. There are many theoretical models of economic growth considering human or social capital. However, there is still a shortage of empirical studies concerning the dependencies between these phenomena. The purpose of this study is to examine the role which human and social capital play in the processes of economic development in the European Union countries. Empirical analysis concerns the year 2015. Owing to the fact that neither of these categories is measurable, the research uses the soft modelling method. It allows users to examine links between variables which are not directly observable (latent variables). The conducted research has demonstrated that human capital as well as social capital had statistically significant, positive impact on the economic development of the EU countries. The obtained results also made it possible to create the rankings of the examined countries according to their stocks of human and social capital and the level of economic development. ; O značaju ljudskog i društvenog kapitala u procesima rasta i ekonomskog razvoja se široko raspravljalo u literaturi. Postoji mnogo teoretskih modela ekonomskog rasta koji uključuju ljudski ili društveni kapital. Međutim, i dalje postoji nedostatak empirijskih studija koje proučavaju zavisnosti između ovih pojava. Svrha ove studije je da ispita ulogu koju ljudski i društveni kapital igra u procesima ekonomskog razvoja u zemljama Evropske unije. Empirijska analiza se odnosi na 2015. godinu. Zbog činjenice da nijedna od ovih kategorija nije merljiva, istraživanje koristi metod mekog modeliranja, koji omogućava korisnicima da ispitaju veze između varijabli koje se ne mogu direktno posmatrati (latentne varijable). Sprovedeno istraživanje je pokazalo da ljudski kapital kao i društveni kapital imaju statistički značajan, pozitivan uticaj na ekonomski razvoj zemalja EU. Dobijeni rezultati su takođe omogućili ...