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Human Development European City Index: Methodology And Results

Author

Listed:
  • Víctor Raúl López Ruiz

    (Department of Applied Economy – Econometrics, University of Castilla La Mancha – UCLM, Spain)

  • Domingo Nevado Peńa

    (Department of Financial Economics and Accounting, UCLM, Spain.)

  • José Luis Alfaro Navarro

    (Faculty of Economic and Business Sciences, UCLM.)

  • Adriana Grigorescu

    (Department of Public Management,. Faculty of Public Administration, National University of Political Science and Public Administration, Bucharest, Romania.)

Abstract

Knowledge externalities are considered by the Intellectual Capital Outlook as generator of long-term wealth. In this scenario, human capital has a key role in the local development. In this paper, we propose a novel methodology to determine the human development capacities of knowledge cities supported by a composite index of intangible factors of human resources. In this sense, we estimated a human capital index that covers two resources (individual and social conditions) and seven dimensions with 31 indicators from the urban audit database. We built a European cities ranking to 158 cities from 24 countries. The results show the growth of a new 4gap of divergence. Cities are competing for the attraction of wealth in a divergent scenario, in which human capital is the component that opens the diverging gap between them

Suggested Citation

  • Víctor Raúl López Ruiz & Domingo Nevado Peńa & José Luis Alfaro Navarro & Adriana Grigorescu, 2014. "Human Development European City Index: Methodology And Results," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 0(3), pages 72-87, October.
    • Handle: RePEc:rjr:romjef:v::y:2014:i:3:p:72-87
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    File URL: http://www.ipe.ro/rjef/rjef3_14/rjef3_2014p72-87.pdf
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    References listed on IDEAS

    as
    1. J. L. Alfaro & V. R. López & D. Nevado, 2011. "The relationships between economic growth and intellectual capital: A study in the European Union," Acta Oeconomica, Akadémiai Kiadó, Hungary, vol. 61(3), pages 293-312, September.
    2. Chilian, Mihaela Nona & Albu, Lucian Liviu & Iordan, Marioara, 2010. "European Performances regarding Flexicurity in the New Member States and Their Regions," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 0(5), pages 59-73.
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    Citations

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    Cited by:

    1. Nerajda Feruni & Eglantina Hysa & Mirela Panait & Irina Gabriela Rădulescu & Alina Brezoi, 2020. "The Impact of Corruption, Economic Freedom and Urbanization on Economic Development: Western Balkans versus EU-27," Sustainability, MDPI, vol. 12(22), pages 1-22, November.
    2. Cristina LINCARU & Speranţa PÎRCIOG, 2017. "Decomposing Productivity Changes – Romania’s Counties Case," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 0(3), pages 166-184, September.
    3. Jan Fazlagic & Elzbieta Izabela Szczepankiewicz, 2018. "Intellectual Capital Statement Model for Counties in Poland," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 20(49), pages 732-732, August.
    4. Sorela Maria Pruteanu, 2020. "Ethics –A Mandatory Instrument to Ensure Good Governance of the Public Sector," Book chapters-LUMEN Proceedings, in: Adriana Grigorescu & Valentin Radu (ed.), 1st International Conference Global Ethics - Key of Sustainability (GEKoS), edition 1, volume 11, chapter 32, pages 316-327, Editura Lumen.
    5. repec:aud:audfin:v:20:y:2018:i:49:p:732 is not listed on IDEAS

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    More about this item

    Keywords

    human capital; index; development; cities; ranking;
    All these keywords.

    JEL classification:

    • F02 - International Economics - - General - - - International Economic Order and Integration
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights
    • O57 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries

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