Human capital and endogenous growth evidence from Taiwan

Tallman, Ellis W.; Wang, Ping

doi:10.1016/0304-3932(94)01152-4

Cited by 102 publications

(65 citation statements)

References 27 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…Thus, we calibrate a feasible range of values for using a range of values within the feasible parameter space for ↵ and . As observed by other studies the returns to physical capital, ↵, are higher for less developed countries (Tallman and Wang, 1994). In the empirical section this is discussed in more detail and the estimates using Sri Lankan data are presented.…”

Section: Derived Econometric Modelmentioning

confidence: 54%

Economic consequences of war: Evidence from Sri Lanka

Ganegodage

Rambaldi

2014

Journal of Asian Economics

View full text Add to dashboard Cite

We propose a theoretical and econometric framework to evaluate the impact of war on economic growth of a developing country with an open economy. The theoretical framework encompasses both the neoclassical and endogenous growth models. We test this framework using Sri Lankan data. The war had significant and negative effects both in the short and long-run (annual average of 9% of GDP). High returns from investment in physical capital did not translate in sizable positive externalities. Only short-run significant effects of openness on growth are found. Inconsistent politically driven policies towards openness are the likely reason.

show abstract

Section: Derived Econometric Modelmentioning

confidence: 54%

Economic consequences of war: Evidence from Sri Lanka

Ganegodage

Rambaldi

2014

Journal of Asian Economics

View full text Add to dashboard Cite

show abstract

“…In Model 3, human capital is measured by the secondary school enrollment rate (Enroll) (Skidmore & Toya, 2002). In model 4, we treat human capital as a productivity enhancing factor instead of a factor of production (Tallman & Wang, 1994). In model 5, we control for potential endogeneity problem in the inefficiency function.…”

Section: Resultsmentioning

confidence: 99%

“…4 We follow the theoretical framework of production function in Borensztein, De Gregoio, and Lee (1998), in which human capital is considered as a factor of production. For the purpose of robustness check, we also estimate the model where human capital is assumed to be a laborenhancing factor (Tallman & Wang, 1994). Detailed estimated results are presented in Section 4.…”

Section: Endnotesmentioning

confidence: 99%

International R&D Transfer and Technical Efficiency: Evidence from Panel Study Using Stochastic Frontier Analysis

Wang

Wong

2012

World Development

View full text Add to dashboard Cite

Summary. -We study the effect of foreign R&D transferred through imports and FDI on domestic technical efficiency using stochastic frontier analysis. Unbalanced panel results from a 77-country sample over 1986-2007 show that FDI-and imports-transferred foreign R&D have a significant impact on domestic country's technical efficiency. Furthermore, we observe a complementarity between FDI-transferred R&D and domestic human capital. In other words, the domestic country needs to obtain a threshold level of human capital to benefit from FDI-transferred R&D. Other macro conditions such as infrastructure, political stability, and urbanization also help to improve the technical efficiency of a country.

show abstract

“…One is how to quantify the level of human capital. There are a few widely used measures: literacy rate [49], enrollment rate [50][51][52], average years of schooling [17,53,54], the number of individuals given level of education [55], educational facilities [56], labor income [57], and education expenditure [56,58,59]. Recent literature uses employment ratio to college graduates [60,61] and the share of working-age residents who completed university or college education [4].…”

Section: Model and Variablesmentioning

confidence: 99%

The Impact of Education and R&D Investment on Regional Economic Growth

2017

View full text Add to dashboard Cite

Abstract:The purpose of this paper is to examine the impact of education and R&D investment on regional economic growth in South Korea. We develop a simultaneous model of production, human capital accumulation, migration, population and physical capital investment of two regions: the Seoul Metropolitan Area and the rest of Korea. We decompose the regional growth path into a quality path and a quantity path to identify how regional economies grow and run simulations to evaluate alternative policies in terms of effectiveness and adaptability. The impact of education and R&D investment on regional growth in the rest of Korea is only 22.3% of that in the Seoul Metropolitan Area due to lower elasticity values of young in-migrants with respect to the investment in the rest of Korea. An enhanced efficiency of regional human capital accumulation is effective and adaptable to alleviate regional economic disparity.

show abstract

Human capital and endogenous growth evidence from Taiwan

Cited by 102 publications

References 27 publications

Economic consequences of war: Evidence from Sri Lanka

Economic consequences of war: Evidence from Sri Lanka

International R&D Transfer and Technical Efficiency: Evidence from Panel Study Using Stochastic Frontier Analysis

The Impact of Education and R&D Investment on Regional Economic Growth

Contact Info

Product

Resources

About