Understanding Latin America's Educational Orientations: Evidence from 14 Nations

Abstract

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Human Capital and Economic Growth in Latin America: A Cointegration and Causality Analysis

“…This result indicates that the incentive to increase expenditure on of a nation would yield a positive outcome as it translates to an increase in . This result is consistent with Edrees (2016), Mehrara and Musai (2013); Khembo and Tchereni (2013); Rahman (2011) and Sharma and Sahni (2015) and Osiobe (2020) which is a similar vein study that analyzes the relationship among (as a proxy for economic growth) and the examined variable, , (as a proxy for human capital) (as a proxy for physical capital), and as the explanatory variables between 1950-2014, and expands on the countries used in the paper, by adding Bolivia, Honduras, Nicaragua, Panama, Uruguay, and Venezuela. The showed a positive, statistically significant result with a coefficient of 0.36.…”