International Journal of Academic Research in Business and Social Sciences

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Understanding World Research Network Toward Human Capital Indicator: A Bibliometric Analysis

Open access

Stapane Victor, Rovinashinee Arumugam, Mohamad Zuber Abd. Majid, Marlissa Omar, Fathiyah Mohd Kamaruzaman

Pages 5019-5029 Received: 20 Oct, 2023 Revised: 22 Nov, 2023 Published Online: 26 Dec, 2023

http://dx.doi.org/10.46886/IJARBSS/v13-i12/8060
Globalisation in economics education develops rapidly across multidiscipline around the globe. It has made sense of exploring the trend in research focusing to government budgeting in education allocation; output of education; and productivity toward human capital development. Thus, the purposed of this study to identify the world research network trend in the education budget, output and productivity of human capital. Bibliometric analysis has been conducted in this research to achieve the objectives of the study. The data has been extracted from Web of Science database with the several keywords it is validated. Articles from 2013 to 2022 that related to the topic has been explored and VOS viewer software has been used to analyse the data. The research covered 16, 366 publications related to the research objective. The finding of this study exposed that, there are top 14 most prolific authors, USA is the top ranked country in producing articles related to the topic of research in the American continent. The finding concludes that western countries dominate in publishing the number of articles in this research compared to Asian countries. The findings also indicate that this research is focused more on quality education to enhance the productivity of human capital to reduce inequality. This leads to the growth of a country and will impact the performance of the labour market by making innovations. The outcome of this study benefiters to researcher to identify new research perspective in field of education investment.