Human capital accumulation and economic growth
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| Format: | Artículo científico |
| Sprache: | en |
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Fundación SEPI
2001
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| _version_ | 1876452369494966272 |
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| author | María Jesús Freire-Serén |
| author_facet | María Jesús Freire-Serén |
| contents | Human capital accumulation and economic growth María Jesús Freire-Serén Economía y Finanzas Economic growth empirical evidence simultaneous relation human capital accumulation This paper examines how human capital a¤ects growth, considering the reverseimpact or causation of growth on human capital accumulation. To analyzethis simultaneity, we estimate the dynamic system that describes the behaviorof the economy. We obtain the parameters of the aggregate productionfunction and those characterizing the process of human capital accumulation.The joint estimation of the dynamic equations provides evidence about thelevel e¤ect of education on economic growth. When we do not consider thejoint estimation, the outcome changes in the opposite direction. 2001 artículo científico 0210-1521 https://www.redalyc.org/articulo.oa?id=17325306 en http://www.redalyc.org/revista.oa?id=173 Investigaciones Económicas application/pdf Fundación SEPI Investigaciones Económicas (España) Num.3 Vol.XXV |
| format | Artículo científico |
| id | redalyc_17325306 |
| institution | Redalyc |
| language | en |
| publishDate | 2001 |
| publisher | Fundación SEPI |
| spellingShingle | Human capital accumulation and economic growth María Jesús Freire-Serén Economía y Finanzas Economic growth empirical evidence simultaneous relation human capital accumulation Human capital accumulation and economic growth María Jesús Freire-Serén Economía y Finanzas Economic growth empirical evidence simultaneous relation human capital accumulation This paper examines how human capital a¤ects growth, considering the reverseimpact or causation of growth on human capital accumulation. To analyzethis simultaneity, we estimate the dynamic system that describes the behaviorof the economy. We obtain the parameters of the aggregate productionfunction and those characterizing the process of human capital accumulation.The joint estimation of the dynamic equations provides evidence about thelevel e¤ect of education on economic growth. When we do not consider thejoint estimation, the outcome changes in the opposite direction. 2001 artículo científico 0210-1521 https://www.redalyc.org/articulo.oa?id=17325306 en http://www.redalyc.org/revista.oa?id=173 Investigaciones Económicas application/pdf Fundación SEPI Investigaciones Económicas (España) Num.3 Vol.XXV |
| title | Human capital accumulation and economic growth |
| topic | Economía y Finanzas Economic growth empirical evidence simultaneous relation human capital accumulation |
| url | https://www.redalyc.org/articulo.oa?id=17325306 |