Hi, the question I raised here, is a part of the TEEB AgriFood framework project in Uttarakhand. The project started in later half of 2021, it has various components for assessment of capital stocks and their flow in transforming food systems. As a part of larger picture regarding the policy interventions review for organic farming and Agroforestry in Uttarakhand. The study encompasses assessment of human and social capital issues as well, however, its a wider known approach that these components are usually assessed by the various choice experiments and survey methods, but I am looking for some statistical model that can help in using the information obtained in developing the scenarios.
Thanks and Regards !
Dear Suvigya Sharma
You can measure human capital efficiency (HCE) empirically. HCE is a component of Intellectual capital (IC).
The following paper and related papers to the IC will be helpful for you.
Article Intellectual capital and firm performance: evidence from cer...
Good luck for your project.
Best regards
Dr. Muhammad Yousaf
Thank you so much Dr. Yousaf for adding your answer! This does indicate the methodology, however, if I could get some information for developing co-relation or any mathematical model for a small set of data such as 50 household survey it would help me with my analysis.
Measuring social and human capital empirically can be a challenging task as they are intangible assets that are not directly observable or quantifiable. However, there are several methods that researchers and analysts use to measure social and human capital. Here are some examples:
It's important to note that social and human capital are complex and multifaceted concepts, and no single method can capture their full scope. Therefore, researchers and analysts often use a combination of methods to gain a more comprehensive understanding of social and human capital.
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