Journals / Erciyes Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi / 2010 / Cilt: 0 - Sayı: 36
Yükseköğretim ve ekonomik büyüme: Türk ekonomisi için bir eşbütünleşme ve nedensellik araştırması
- Pages
- 1–14
- DOI
- —
Abstract
Recently, studies about the effects of higher education on economic growth in developing countries are taking more attention. In this paper, long-run and causal relationships between higher education and economic growth in Turkish economy over 1970 2008 period were analy-sed. For this purpose, two higher education indicators were regressed over real GDP using ARDL (Autoregressive Distributed Lag) bounds testing approach and the causality between these variab-les was investigated by Dolado and Lütkepohl s style Granger causality test. Results showed that, higher education is cointegrated to economic growth and either higher education or economic growth has significant causal effects on each other.