No linearities and threshold effects in the human capital-economic growth relationship

被引：2

作者：

Leticia Rojas, Mara ^{[1
]}

Daniel Monterubbianesi, Pablo ^{[1
]}

Dario Dabus, Carlos ^{[1
]}

机构：

[1] Univ Nacl Sur, Bahia Blanca, Buenos Aires, Argentina

来源：

CUADERNOS DE ECONOMIA | 2019年 / 38卷 / 77期

关键词：

Economic growth; human capital; health; education; panel data; semiparametric methods; non-linearities; threshold effects; SOLOW MODEL; HEALTH; NONLINEARITIES; CONVERGENCE; INVESTMENT;

D O I：

10.15446/cuad.econ.v38n77.67984

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper analyzes the relationship between human capital and growth (considering the first through a broad approach involving health and education) for 86 countries from 1960-2010. The objective is to evaluate the presence of nonlinearities and the threshold effects by using parametric and semiparametric panel techniques. The results show: a) well-known evidence of nonlinearities in education, with a range of average values of education (and income) for which the relation is negative (threshold effects); b) evidence of nonlinearities for health, although the effect is smoother; and c) great dispersion in the education-growth relationship at medium and high levels of income.

引用

页码：425 / 459

页数：35

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