Human and social capital facing challenges of economic convergence processes in Poland

The article deals with the study of the role of human and social capital in shaping the processes of regional development in Poland in 2002–2014. The study is aimed at seeking answers to the question whether and to what extent the characteristics of human and social capital developmentimpeded or fos...

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Main Author: Małgorzata Wosiek
Format: Article
Language:English
Published: AGH UNIVERSITY PRESS 2018-03-01
Series:Managerial Economics
Online Access:https://journals.agh.edu.pl/manage/article/view/2841
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author Małgorzata Wosiek
author_facet Małgorzata Wosiek
author_sort Małgorzata Wosiek
collection DOAJ
description The article deals with the study of the role of human and social capital in shaping the processes of regional development in Poland in 2002–2014. The study is aimed at seeking answers to the question whether and to what extent the characteristics of human and social capital developmentimpeded or fostered the achievement of convergence in living standards (GDP per capita) in regional systems (NUTS-2). The following tools were used: multidimensional statistical exploratory analysis – the cluster analysis (Ward’s, k-means), linear ordering – as well as correlation analysis and measures of statistical dispersion. The analysis confirm a stronger link of the processes of economic development in Polish regions with human capital than in those with social capital, whereby there is evidence indicating that it was rather a higher level of the economic development that stimulated changes in human capital and the reverse impact of human capital on the change in the GDP per capita was weaker. When it comes to the educational component of human capital, it can be assumed that this component of human capital could have had a more polarizing than converging impact. The social capital did not mitigate nor strengthen the polarizingimpact of human capital. There was, therefore, n confirmation to the hypothesis that intangible factors – human and social capitals – contributed to the convergence in living standards among regions in Poland in 2002–2014.
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spelling doaj-art-be68e4e7131046ed9d4705f865de63ae2025-08-20T02:52:28ZengAGH UNIVERSITY PRESSManagerial Economics1898-11432353-36172018-03-0118210.7494/manage.2017.18.2.247Human and social capital facing challenges of economic convergence processes in PolandMałgorzata WosiekThe article deals with the study of the role of human and social capital in shaping the processes of regional development in Poland in 2002–2014. The study is aimed at seeking answers to the question whether and to what extent the characteristics of human and social capital developmentimpeded or fostered the achievement of convergence in living standards (GDP per capita) in regional systems (NUTS-2). The following tools were used: multidimensional statistical exploratory analysis – the cluster analysis (Ward’s, k-means), linear ordering – as well as correlation analysis and measures of statistical dispersion. The analysis confirm a stronger link of the processes of economic development in Polish regions with human capital than in those with social capital, whereby there is evidence indicating that it was rather a higher level of the economic development that stimulated changes in human capital and the reverse impact of human capital on the change in the GDP per capita was weaker. When it comes to the educational component of human capital, it can be assumed that this component of human capital could have had a more polarizing than converging impact. The social capital did not mitigate nor strengthen the polarizingimpact of human capital. There was, therefore, n confirmation to the hypothesis that intangible factors – human and social capitals – contributed to the convergence in living standards among regions in Poland in 2002–2014.https://journals.agh.edu.pl/manage/article/view/2841
spellingShingle Małgorzata Wosiek
Human and social capital facing challenges of economic convergence processes in Poland
Managerial Economics
title Human and social capital facing challenges of economic convergence processes in Poland
title_full Human and social capital facing challenges of economic convergence processes in Poland
title_fullStr Human and social capital facing challenges of economic convergence processes in Poland
title_full_unstemmed Human and social capital facing challenges of economic convergence processes in Poland
title_short Human and social capital facing challenges of economic convergence processes in Poland
title_sort human and social capital facing challenges of economic convergence processes in poland
url https://journals.agh.edu.pl/manage/article/view/2841
work_keys_str_mv AT małgorzatawosiek humanandsocialcapitalfacingchallengesofeconomicconvergenceprocessesinpoland