img
img
Technology, human capital, and economic growth: evidence from high income OECD countries      
Yazarlar (2)
Kemal Erkişi
Antalya Bilim Üniversitesi, Türkiye
Arş. Gör. Güler SAĞLAM Arş. Gör. Güler SAĞLAM
Beykoz Üniversitesi, Türkiye
Devamını Göster
Özet
In this study, technology in the form of domestic and foreign technology and human capital in the form of education and health are included in the model, and their effects on growth are examined. The education variable is further broken down into elementary, secondary, and tertiary levels. The research covers high-income OECD countries over the period 1990–2020. In the analysis, the FGLS estimator, which resists to heteroscedasticity, cross-section dependence and panel-specific autocorrelation, is employed. Results indicate that a unit increase in foreign technology increases national income by 0.037%, and a domestic technology by 0.023%. Foreign technology has a greater impact on economic growth than domestic technology. Although primary education did not have a significant effect on growth, secondary education increased growth by 0.069% and tertiary education by 0.30%. The effect of physical capital on economic growth (0.22%) is lower than tertiary education.
Anahtar Kelimeler
human capital | technology | economic growth | education | health | feasible generalised least squares | FGLS | OECD countries | foreign technology | domestic technology | physical capital
Makale Türü Özgün Makale
Makale Alt Türü ESCI dergilerinde yayınlanan tam makale
Dergi Adı Journal for International Business and Entrepreneurship Development
Dergi ISSN 1747-6763 Wos Dergi Scopus Dergi
Dergi Tarandığı Indeksler ESCI
Makale Dili İngilizce
Basım Tarihi 04-2023
Cilt No 14
Sayı 4
Sayfalar 487 / 506
Doi Numarası 10.1504/JIBED.2023.10053887
Makale Linki https://www.inderscience.com/info/inarticle.php?artid=130382