Educación y crecimiento económico entre 1975 y 2005: una aplicación del modelo de datos del panel dinámico de Arellano y Bond

The main goal of this paper is to test the hypothesis of some economic growth theories,according to which human capital accumulation affects positively a country’s rate ofeconomic growth. Using average years of schooling as a proxy for human capital and Arellanoand Bond´s (1991) methodology, the stu...

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Autor principal: Bonilla Cárdenas, Santiago
Formato: Artículo
Lenguaje:español
Publicado: 2013
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Acceso en línea:https://dialnet.unirioja.es/servlet/oaiart?codigo=8751934
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Sumario:The main goal of this paper is to test the hypothesis of some economic growth theories,according to which human capital accumulation affects positively a country’s rate ofeconomic growth. Using average years of schooling as a proxy for human capital and Arellanoand Bond´s (1991) methodology, the study is conducted on a panel of 62 countries,between the years 1975 and 2005. It is found that the total of average years of schooling,as well as the level of structural development and investment effort of a country, aresignificant in order to explain the rate of economic growth.