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논문 기본 정보
- 자료유형
- 학술저널
- 저자정보
- 발행연도
- 2015.1
- 수록면
- 93 - 111 (19page)
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This paper provides new empirical evidence concerning the relationship between human capital (measured by education and health related variables) and economic growth for a large sample of 49 African countries over the period from 1996 to 2010. Using traditional cross-section and dynamic panel techniques, we find that public expenditures on education and health have a negative impact on economic growth, whereas human capital stock indicators have a slight positive effect. Furthermore, our empirical investigations suggest that education and health spending are complementary. Then, public investment in education and health should be jointly increased and their efficiency in order to expect positive impact of human capital on growth in African countries.
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참고문헌 (27)
참고문헌 신청
[학술지
Ainsworth, M. / 1994 / Aids and African Development / World Bank Research Observer 9 (2) : 203 ~ 240
Aka, B. F. / 2008 / Health, Education and Economic Growth Testing for Long-Run Relationships and Causal Links in the United States / Applied Econometrics and International De
Arellano, M. / 1991 / Some Tests of Specification for Panel Data : Monte Carlo Evidence and an Application to Employment Equations / Review of Economic Studies 58 : 277 ~ 297
Arellano, M. / 1995 / Another Look at the Instrumental-Variable Estimation of Error Components Models / Journal of Econometrics 68 : 29 ~ 52
Ainsworth, M. / 1994 / Aids and African Development / World Bank Research Observer 9 (2) : 203 ~ 240
Aka, B. F. / 2008 / Health, Education and Economic Growth Testing for Long-Run Relationships and Causal Links in the United States / Applied Econometrics and International De
Arellano, M. / 1991 / Some Tests of Specification for Panel Data : Monte Carlo Evidence and an Application to Employment Equations / Review of Economic Studies 58 : 277 ~ 297
Arellano, M. / 1995 / Another Look at the Instrumental-Variable Estimation of Error Components Models / Journal of Econometrics 68 : 29 ~ 52
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