This project analyses how different economic theories represent the relationship between human capital and productivity. While the underlying ideas of each theoretical approach are being exposed, at the same time the empirical existing proof of its contrast will be presented. In order to carry out a correct analysis of the human capital contribution on the productivity growth in Spain, we carried out a temporary series study that covers the timeframe of the current expansion and recession in Spain (1995-2013). The conclusion regarding the encountered empirical proof is that the link between the human capital and productivity is direct and positively related to the increase of a country’s productivity.

Treball de Final de Grau en Economia. Codi: EC1049. Curs acadèmic 2015-2016