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| Author: | Contractor, F.J. Mudambi, S.M. |
| Title: | The influence of human capital investment on the exports of services and goods: An analysis of the Top 25 services outsourcing countries |
| Journal: | Management International Review
2008 : VOL. 48:4, p. 433-445 |
| Index terms: | human capital exports competitiveness export marketing globalization outsourcing theories emerging markets developed economies |
| Freeterms: | commercial services |
| Language: | eng |
| Abstract: | Services globalization challenges the role of human capital (henceforth as: HC) investment, whose effect in past studies has been mixed. Drawing on HC theory, this article developes three propositions, analyzing the effect of HC investment, infrastructure, and the business environment on the export of services and goods (here as: s-and-g.) from 25 countries from 1989 to 2003. HC is found to have a significant effect on the exports of s-and-g. However, contrary to the expectations of HC theory, HC is not significantly more important for services exports than for goods exports. HC investment had a greater effect in emerging Asia than in developed countries, as expected by HC theory. |
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