Could Education Increase the Economic Growth of Mexico?
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| Format: | Artículo científico |
| Sprache: | en |
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Universidad Autónoma Metropolitana
2020
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| author | Oscar de J. Gálvez-Soriano |
| author_facet | Oscar de J. Gálvez-Soriano |
| contents | Could Education Increase the Economic Growth of Mexico? Oscar de J. Gálvez-Soriano Economía y Finanzas Uzawa Education Lucas Model Human Capital Economic Growth This paper studies the role of education on the economic growth of Mexico. The Uzawa-Lucas Model is used to study the contribution of human capital on growth, while the specific role of education is accounted with a Vector Error Correction (VEC) Model. The main finding of this paper is that an increase of one percent in human capital implies an increase of 1.59 percent on Mexican Gross Domestic Product (GDP). And given the role of education on human capital, an increase of one percent in years of schooling causes an increase in the long run GDP growth rate of 2.19 percent. 2020 artículo científico 0185-3937 https://www.redalyc.org/articulo.oa?id=41364528003 https://www.redalyc.org/journal/413/41364528003/ https://www.redalyc.org/journal/413/41364528003/html/ https://www.redalyc.org/journal/413/41364528003/41364528003.epub https://www.redalyc.org/journal/413/41364528003/movil en http://www.redalyc.org/revista.oa?id=413 Análisis Económico application/pdf Universidad Autónoma Metropolitana Análisis Económico (México) Num.89 Vol.XXXV |
| format | Artículo científico |
| id | redalyc_41364528003 |
| institution | Redalyc |
| language | en |
| publishDate | 2020 |
| publisher | Universidad Autónoma Metropolitana |
| spellingShingle | Could Education Increase the Economic Growth of Mexico? Oscar de J. Gálvez-Soriano Economía y Finanzas Uzawa Education Lucas Model Human Capital Economic Growth Could Education Increase the Economic Growth of Mexico? Oscar de J. Gálvez-Soriano Economía y Finanzas Uzawa Education Lucas Model Human Capital Economic Growth This paper studies the role of education on the economic growth of Mexico. The Uzawa-Lucas Model is used to study the contribution of human capital on growth, while the specific role of education is accounted with a Vector Error Correction (VEC) Model. The main finding of this paper is that an increase of one percent in human capital implies an increase of 1.59 percent on Mexican Gross Domestic Product (GDP). And given the role of education on human capital, an increase of one percent in years of schooling causes an increase in the long run GDP growth rate of 2.19 percent. 2020 artículo científico 0185-3937 https://www.redalyc.org/articulo.oa?id=41364528003 https://www.redalyc.org/journal/413/41364528003/ https://www.redalyc.org/journal/413/41364528003/html/ https://www.redalyc.org/journal/413/41364528003/41364528003.epub https://www.redalyc.org/journal/413/41364528003/movil en http://www.redalyc.org/revista.oa?id=413 Análisis Económico application/pdf Universidad Autónoma Metropolitana Análisis Económico (México) Num.89 Vol.XXXV |
| title | Could Education Increase the Economic Growth of Mexico? |
| topic | Economía y Finanzas Uzawa Education Lucas Model Human Capital Economic Growth |
| url | https://www.redalyc.org/articulo.oa?id=41364528003 https://www.redalyc.org/journal/413/41364528003/ https://www.redalyc.org/journal/413/41364528003/html/ https://www.redalyc.org/journal/413/41364528003/41364528003.epub https://www.redalyc.org/journal/413/41364528003/movil |