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The Role of Schooling in Struggling with the Middle-Income Trap: Dynamic Panel Data Analysis

Journal of Social and Administrative Sciences

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Title The Role of Schooling in Struggling with the Middle-Income Trap: Dynamic Panel Data Analysis
 
Creator BULUT, Umit; Ahi Evran University
BULUT, Ahsen Seda; Çanakkale 18 Mart University, Faculty of Education, Department of Primary Mathematics Education, Canakkale 17100, Turkey
 
Description Abstract. This paper aims at examining the relationship between average years of total schooling and GDP per capita for six middle-income countries over the period 1950-2010. To this end, the paper employs panel FMOLS and panel DOLS estimators and panel Granger causality test based on vector error correction model. According to the output from estimations, GDP per capita is positively related to average years of total schooling and there is a bidirectional causality between variables. In conclusion, the paper argues that average years of schooling of people should be increased to struggle with the middle-income trap.Keywords. Middle-income trap, Human capital, Schooling, GDP per capita, Panel data analysis.JEL. C23, I25, O15.
 
Publisher Journal of Social and Administrative Sciences
Journal of Social and Administrative Sciences
 
Contributor —
 
Date 2015-12-18
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
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Format application/pdf
 
Identifier http://www.kspjournals.org/index.php/JSAS/article/view/587
10.1453/jsas.v2i4.587
 
Source Journal of Social and Administrative Sciences; Vol 2, No 4 (2015): December; 205-215
Journal of Social and Administrative Sciences; Vol 2, No 4 (2015): December; 205-215
2149-0406
 
Language eng
 
Relation http://www.kspjournals.org/index.php/JSAS/article/view/587/976
http://www.kspjournals.org/index.php/JSAS/article/downloadSuppFile/587/218
 
Rights Copyright (c) 2016 Journal of Social and Administrative Sciences
http://creativecommons.org/licenses/by-nc/4.0