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Journals / International Journal of Social Sciences and Education Research / 2018 / Cilt: 4 - Sayı: 4

Education-growth nexus in middle-income countries: an empirical examination for schooling rates

Ümit BULUT
Ahsen Seda KILIÇ BULUT
Pages
560–570
Publication Date
2018-10-01
DOI
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

Theoretical and policy implications are discussed in the conclusion part.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:The goal of this paper is to examine the education-growth nexus for 5 middle-income countries (Malaysia, Mexico, South Africa, Thailand, and Turkey) using schooling rate as the indicator of education over the period 1987-2015.
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Key Findings & Data:The paper first performs cross-sectional dependence and heterogeneity tests and then employs the bootstrap panel Granger causality test developed by Konya (2006).
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Conclusion & Impact:Theoretical and policy implications are discussed in the conclusion part.
🔬Design:Research Article
📍Scope:2015 Verileri
⚙️Variables:middle-income trap · human capital · education

Abstract

The goal of this paper is to examine the education-growth nexus for 5 middle-income countries (Malaysia, Mexico, South Africa, Thailand, and Turkey) using schooling rate as the indicator of education over the period 1987-2015. The paper first performs cross-sectional dependence and heterogeneity tests and then employs the bootstrap panel Granger causality test developed by Konya (2006). According to the findings, while there is unidirectional causality from schooling rate to GDP in Thailand, there is unidirectional causality from GDP to schooling rate in South Africa. The findings of the paper indicate that schooling rate is not a good proxy for human capital. Theoretical and policy implications are discussed in the conclusion part.

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Cite This Article

BULUT, Ü., BULUT, A. S. K. (2018). Education-growth nexus in middle-income countries: an empirical examination for schooling rates. International Journal of Social Sciences and Education Research, Cilt: 4 - Sayı: 4, 560–570. https://ajindex.com/articles/414638

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