Human capital formation and US economic growth: A causality analysis

被引:9
作者
In, F
Doucouliagos, C
机构
[1] Deakin University, School of Economics, Faculty of Management, Burwood
来源
APPLIED ECONOMICS LETTERS | 1997年 / 4卷 / 05期
关键词
D O I
10.1080/758532603
中图分类号
F [经济];
学科分类号
02 ;
摘要
In this paper, Granger causality tests are applied to a new data set on human capital formation and US private sector GDP. The study is the first to test for causality between human capital formation and economic growth. It employs an error correction mechanism and is estimated through canonical cointegration regression. The results show strong evidence of casuality from human capital formation to private sector GDP and vice versa.
引用
收藏
页码:329 / 331
页数:3
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