Relationship Between Education and GDP Growth: A Bi-variate Causality
International Journal of Economic Practices and Theories
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Title |
Relationship Between Education and GDP Growth: A Bi-variate Causality
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Creator |
Solaki, Melina
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Subject |
Economics;Education;Macroeconomics;Econometrics
VECM, Granger Causality, Macro-Level Data, Education, Economic Growth. I25 |
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Description |
The aim of the paper is to investigate the long-run and the short-run relationship between human capital and economic growth in Greece over the period 1961-2006. The article uses bi-variate causality analysis, to study dynamics, by employing different methods of estimation. Specifically, the empirical results suggests that there is a positive relationship between education and GDPC and that Tertiary Education should be considered as exogenous variable, which implies that education contributed to economic growth in Greece during the estimation period.
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Publisher |
International Journal of Economic Practices and Theories
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Contributor |
—
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Date |
2013-04-01
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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Format |
application/pdf
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Identifier |
http://www.ijept.org/index.php/ijept%20/article/view/Relationship_Between_Education_and_GDP_Growth
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Source |
International Journal of Economic Practices and Theories; Vol 3, No 2 (2013); 133-139
2247 – 7225 |
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Language |
eng
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Relation |
http://www.ijept.org/index.php/ijept%20/article/view/Relationship_Between_Education_and_GDP_Growth/pdf
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