Does education at all levels cause growth? India, a case study

Self, Sharmistha; Grabowski, Richard

doi:10.1016/s0272-7757(03)00045-1

Cited by 133 publications

(88 citation statements)

References 19 publications

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“…In addition, the results of studies conducted by Benhabib and Spiegel (1994), Jones (1996), Engelbrecht (1997), Herbertsson (2003), Self and Grabowski (2004), Park (2006), Abu-Qarn and Abu-Bader (2007), Permani (2008), and others (Benhabib andSpiegel, 1994, Telatar andTerzi (2010), Keskin (2011), Hoşgorur andGezgin (2005), Caliskan et al (2013), Ozsahin and Karacor (2013), Yalcinkaya and Kaya (2016), Govdeli (2016) show that various educational indicators used as human capital positively affect economic growth.…”

Section: Empirical Literaturementioning

confidence: 99%

Relationship Between Human Capital and Economic Growth: An Application to Developing Countries

Altıner¹,

Toktaş²

2017

EJEF

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High and sustainable economic growth, that is an important indicator of life quality, is an essential condition in the realization of economic growth. In this regard, achieving strong economic growth in developing countries which mostly need development today, is one of the most debated topics. For many years, physical capital has been recognized as the most important determinant of economic growth. New approaches to economic growth have been developed since 1980s. In this context, according to endogenous growth theory, it is stated that the most important determinant of economic growth is the human capital stock. Today, while the subject of economic growth is examined, the effect of human capital on economic growth is intensively investigated. In this study, the impact of human capital on economic growth for selected 32 developing countries is investigated by panel data analysis method using data from the period 2000-2014. The focus of the study is also the direction and degree of effect of the increase in the level of education on economic growth. According to empirical analysis results, it is founded that human capital positively affects economic growth. It has also been found that its positive effect on economic growth has reduced while the education level has increased. On the other hand, the results of the analysis indicate that physical capital has a positive impact and that the labor negatively affects economic growth in the studied countries. However, it has been determined that the effect of human capital on economic growth is lower than that of physical capital.

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Section: Empirical Literaturementioning

confidence: 99%

Relationship Between Human Capital and Economic Growth: An Application to Developing Countries

Altıner¹,

Toktaş²

2017

EJEF

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“…For Aghion and Howitt (2009), human capital and technological progress are two key inputs in all endogenous growth models. Self and Grabowski (2004) conclude in China that primary education had a strong and robust impact and a limited evidence of secondary education on economic growth. Chi (2008) concludes that tertiary education has a positive and larger impact on GDP growth than primary and secondary education.…”

Section: Related Literaturementioning

confidence: 90%

The Impact of Human Capital on Economic Growth: Evidence from Tunisia Using Star and Stecm Models

Mgadmi

Rachdi

2014

The Economics and Finance Letters

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“…Petrakis and Stamatakis (2002) found that in developing countries primary and secondary education has become primary factor that promotes growth, whereas in developed countries economic growth heavily lies on higher education. For the case of India, for example, Self and Grabowski (2004) found that the primary education has a strong causal relationship with economic growth, but it is not the case with secondary education. Meanwhile, Papageorgiou (2003) estimated that basic education only focuses on output production while secondary and higher education contribute to technological innovation.…”

Section: Icsbp Conference Proceedingsmentioning

confidence: 99%

Fixed Investments and Human Investments for Economic Growth – A case study of Aceh Province - Indonesia

Sapha¹

2016

KSS

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Under endogenous growth theory, education as part of human investments has become one of the key drivers of economic growth. Many recent studies have put an increasingly strong emphasis on human investments as opposed to physical fixed investments. More attention has been paid to find evidence of whether government intervention through education spending has a positive contribution to educational outcomes, labor market outcomes and hence economic growth. This study is aimed at making a comparative analysis of whether human investments have a greater impact on the economic growth than fixed investments, by taking Aceh province, Indonesia, as a case. A static linear panel data model was utilized to gauge the impact of the two types of investments on economic growth. The panel data from all 23 districts within Aceh Province from 2008 to 2011 were collected. Based on statistical testing for model selection, random effects model was selected as the appropriate approach to explaining the relationship among the following variables; fixed investments, education spending and economic growth. The results of the study have shown that both types of investments have statistically positive impacts on the economic growth of a regional economy. Moreover, fixed investments have well greater impact than education spending on economic growth. Therefore, subnational governments, particularly those with special fund allocation to education, should optimally manage the use of their education funds in a more effective way in order to achieve a certain targeted rate of economic growth.

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Does education at all levels cause growth? India, a case study

Cited by 133 publications

References 19 publications

Relationship Between Human Capital and Economic Growth: An Application to Developing Countries

Relationship Between Human Capital and Economic Growth: An Application to Developing Countries

The Impact of Human Capital on Economic Growth: Evidence from Tunisia Using Star and Stecm Models

Fixed Investments and Human Investments for Economic Growth – A case study of Aceh Province - Indonesia

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