Constitution of human capital value of athletes from labor theory of value
Kong Qing-bo
Abstract
Kong Qing-bo
Abstract
The idea of taking the athlete as a capital has been ignored and avoided in the Chinese economic theory.The capital value of the athlete is difficult to define.This paper discusses the athlete's human capital sources from labor theory of value in hope of inputting more money,optimizing resourse allocation and promoting social progress and economic development.
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The idea of taking the athlete as a capital has been ignored and avoided in the Chinese economic theory.The capital value of the athlete is difficult to define.This paper discusses the athlete's human capital sources from labor theory of value in hope of inputting more money,optimizing resourse allocation and promoting social progress and economic development.
Key concepts: Value (mathematics), Constitution, Economics, Physical capital, Athletes, Capital (architecture), Human capital, Classical economics