IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/124156.html
   My bibliography  Save this paper

Human Capital: “Travel Broadens the Mind”

Author

Listed:
  • Kheng, Veasna
  • Pan, Lei
  • Fan, Xiaodong

Abstract

This paper adopts an economic framework to examine the impact of interna- tional travel on human capital development. Using a fixed-effects instrumental variable estimator as the primary analytical approach, the study investigates a panel dataset covering 64 countries from 1995 to 2019. The findings reveal that international travel, measured through tourism openness, has a significant positive effect on human capital. These results underscore the importance of global human mobility—encompassing migration, international educational exchange, and tourism—in fostering the development and dissemination of knowledge, culture, and technology.

Suggested Citation

  • Kheng, Veasna & Pan, Lei & Fan, Xiaodong, 2025. "Human Capital: “Travel Broadens the Mind”," MPRA Paper 124156, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:124156
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/124156/1/MPRA_paper_124156.pdf
    File Function: original version
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    travel; human capital development; economic growth and development;
    All these keywords.

    JEL classification:

    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:124156. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.