A New Approach to Human Capital: Crime Adjusted Human Capital Index on European Countries

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dc.contributor.authorKabakci Gunay, Eylul
dc.contributor.authorYildiz, Umit
dc.contributor.authorGunsoy, Guler
dc.contributor.authorGunsoy, Bulent
dc.date.accessioned2024-10-04T18:48:08Z
dc.date.available2024-10-04T18:48:08Z
dc.date.issued2022
dc.departmentBayburt Üniversitesien_US
dc.description.abstractHuman capital is a one of the essential components in the economic growth and development. Also, the belief that education and health level, which are the main components of human capital, are main features of a happy and healthy society, is getting stronger. But there is a fact that crime is a destructive notion that affects a society???s human capital. In this context, this study aims to create an alternative social welfare measurement method that includes crime rates as a component to human capital on 35 European countries. In this regard, first, a general crime index was generated by using 13 different crime categories of the 35 European countries, and then this index was adapted to the Human Capital Index. As a result, the Crime-Adjusted Human Capital Index (CAHCI) was obtained. It was observed that the country rankings we obtained based on the CAHCI differ significantly from the rankings made based on the Human Capital Index. Significant number of countries, which ranks high in the Human Capital Index, ranks lower when crime rates are considered, indicates that the reliability of social welfare measures based on human capital should be questioned.en_US
dc.identifier.doi10.5281/zenodo.6853615
dc.identifier.endpage299en_US
dc.identifier.issn1925-4423
dc.identifier.issue1en_US
dc.identifier.startpage286en_US
dc.identifier.urihttps://doi.org/10.5281/zenodo.6853615
dc.identifier.urihttp://hdl.handle.net/20.500.12403/2913
dc.identifier.volume12en_US
dc.identifier.wosWOS:000830007500015en_US
dc.identifier.wosqualityN/Aen_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.language.isoenen_US
dc.publisherInt Journal Contemporary Economics & Administrative Sciencesen_US
dc.relation.ispartofInternational Journal of Contemporary Economics and Administrative Sciencesen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/closedAccessen_US
dc.subjectHuman Capitalen_US
dc.subjectCrimeen_US
dc.subjectCrime-Adjusted Human Capital Indexen_US
dc.titleA New Approach to Human Capital: Crime Adjusted Human Capital Index on European Countriesen_US
dc.typeArticleen_US

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