Complementarities between Exports and Human Capital in Economic Growth: Evidence from the Semi‐industrialized Countries

Abstract

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Migrants' Remittances: Economic Lifeline but Fragile Support for Developing Countries. The Case of Belarus, Moldova and Ukraine (A Macroeconomic Perspective)

“…This can be the case if, for example, educated workers are better able to adapt quickly to the more sophisticated technologies and rapid production changes required for maintaining competitiveness in world markets. Similarly, using an analogous approach to Levin and Raut's (1997), Borensztein, Gregorio, and Lee (1998) present evidence of complementarity between FDI and human capital. That is, FDI would contribute to higher productivity and higher economic growth only when sufficient absorptive capacity is available in the host country.…”

“…For example, Levin and Raut (1997) showed the existence of a high degree of complementarity between human capital and growth in the export sector for a sample of semi-industrial countries. They justify this result by noting that it is likely that the export sector can utilize human capital more efficiently than the rest of the economy.…”

Deepening Reform for China's Long-term Growth and Development

“…One such variable is human capital (HK). It has been suggested in recent growth models as a determinant of growth (for example, Barro and Sala-i-Martin 1995;Levin and Raut 1997). In particular, these models predict a positive impact of human capital on economic growth.…”

Agricultural exports and the growth of agriculture in India

“…A solution is to define income as the GDP of agriculture net of exports. The majority of empirical studies, however, including Levin and Raut (1997), Dawson (2005) and Sanjuán-López and Dawson (2010), use GDP as a measure of income rather than the GDP net of exports, as the former better reflects economic development. Thus, the estimated coefficients here represent the sum of spill-over effects from agricultural exports and the importance of these exports in the GDP of agriculture.…”