Vol. 2 No. 1 (2025): Jan-Mar
Articles

The Impact of Human Capital on Labor Productivity and Income: An Analytical Study of Education, Skills, and Workforce Attributes

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  • Anupam Saha,
  • A R S Ibn Ali,
  • Abdullah At Tasrif ,
  • Nure Alam Khan
Anupam Saha
Director, Bangladesh Road Transport Corporation
A R S Ibn Ali
Independent Researcher Osaka, Japan
Abdullah At Tasrif
International Economics and Trade Hezhou University, Guangxi, Hezhou, Babu District, China
Nure Alam Khan
Adjunct Professor, Manarat International University, Dhaka, Bangladesh

Published 03/30/2025

Keywords

  • Human capital,
  • productivity,
  • education,
  • skills,
  • earning potential,
  • labor economics
    • ...More
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Copyright (c) 2025 Anupam Saha, A R S Ibn Ali, Abdullah At Tasrif , Nure Alam Khan (Author)

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

How to Cite

Saha, A., A R S Ibn Ali, Abdullah At Tasrif, & Nure Alam Khan. (2025). The Impact of Human Capital on Labor Productivity and Income: An Analytical Study of Education, Skills, and Workforce Attributes. Pacific Journal of Business Innovation and Strategy, 2(1), 34-38. https://doi.org/10.70818/pjbis.2025.v02i01.026

Abstract

Human capital, encompassing the collective skills, knowledge, and attributes of individuals, plays a pivotal role in enhancing productivity and determining earning potential. This paper explores the multidimensional nature of human capital, emphasizing the critical roles of education, skill acquisition, and labor attributes in shaping individual and macroeconomic outcomes. Through an extensive review of literature and theoretical frameworks, this study elucidates how human capital investment serves as a cornerstone for economic growth, income inequality reduction, and labor market efficiency. The paper also discusses policy implications and strategies for human capital development in various socio-economic contexts.

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