Economic Growth Channels from Human Capital: A Dynamic Panel Analysis for Brazil
Revista Brasileira de Economia
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Title |
Economic Growth Channels from Human Capital: A Dynamic Panel Analysis for Brazil
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Creator |
Uhr, Daniel de Abreu Pereira; Universidade Federal de Pelotas
Paula, Silvio da Rosa Fialho, Mariana Passos, Marcelo de Oliveira Uhr, Julia Gallego Ziero |
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Subject |
Human capital; economic growth; GMM model; dynamic panel data.
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Description |
The purpose of this paper is to test the effect of human capital on Brazilian economic growth through the factor accumulation channel and the total factor productivity channel. We used new human capital measures, covering the period from 1996 to 2015. We used the two-step SYS-GMM method, with standard finite sample error correction and principal components analysis for the control of the proliferation of instruments. The results show that basic and advanced human capital have a positive impact on economic growth through both channels, being the effect of greater magnitude through the factor accumulation channel.
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Publisher |
EGV EPGE
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Contributor |
—
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Date |
2020-03-25
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Articles Artigos |
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Format |
application/pdf
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Identifier |
http://bibliotecadigital.fgv.br/ojs/index.php/rbe/article/view/77642
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Source |
Revista Brasileira de Economia; v. 74, n. 1 (2020): JAN-MAR; 95-118
Revista Brasileira de Economia; v. 74, n. 1 (2020): JAN-MAR; 95-118 1806-9134 0034-7140 |
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Language |
eng
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Relation |
http://bibliotecadigital.fgv.br/ojs/index.php/rbe/article/view/77642/77565
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Rights |
Direitos autorais 2020 Revista Brasileira de Economia
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