The augmented and integrative model of economic growth: Theoretical and empirical evidence from USA
Author
Abstract
Suggested Citation
DOI: 10.1016/j.seps.2023.101673
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Biswajit Maitra, 2016. "Investment in Human Capital and Economic Growth in Singapore," Global Business Review, International Management Institute, vol. 17(2), pages 425-437, April.
- Soren Jordan & Andrew Q. Philips, 2018. "Cointegration testing and dynamic simulations of autoregressive distributed lag modelsJournal: Stata Journal," Stata Journal, StataCorp LP, vol. 18(4), pages 902-923, December.
- Qin Fan & Stephan J. Goetz & Jiaochen Liang, 2016. "The interactive effects of human capital and quality of life on economic growth," Applied Economics, Taylor & Francis Journals, vol. 48(53), pages 5186-5200, November.
- Castelló-Climent, Amparo & Hidalgo-Cabrillana, Ana, 2012.
"The role of educational quality and quantity in the process of economic development,"
Economics of Education Review, Elsevier, vol. 31(4), pages 391-409.
- Amparo Castelló-Climent & Ana Hidalgo-Cabrillana, 2011. "The Role of Educational Quality and Quantity in the Process of Economic Development," CEP Discussion Papers dp1087, Centre for Economic Performance, LSE.
- Castelló-Climent, Amparo & Hidalgo-Cabrillana, Ana, 2011. "The role of educational quality and quantity in the process of economic development," LSE Research Online Documents on Economics 121934, London School of Economics and Political Science, LSE Library.
- J. Norman Baldwin & Stephen A. Borrelli & Michael J. New, 2011. "State Educational Investments and Economic Growth in the United States: A Path Analysis," Social Science Quarterly, Southwestern Social Science Association, vol. 92(1), pages 226-245, March.
- Sebastian Kripfganz & Daniel C. Schneider, 2023.
"ardl: Estimating autoregressive distributed lag and equilibrium correction models,"
Stata Journal, StataCorp LP, vol. 23(4), pages 983-1019, December.
- Sebastian Kripfganz & Daniel C. Schneider, 2016. "ardl: Stata module to estimate autoregressive distributed lag models," 2016 Stata Conference 18, Stata Users Group.
- Sebastian Kripfganz & Daniel Schneider, 2018. "ardl: Estimating autoregressive distributed lag and equilibrium correction models," London Stata Conference 2018 09, Stata Users Group.
- P. Eko Prasetyo & N. Rahayu Kistanti, 2020. "Human capital, institutional economics and entrepreneurship as a driver for quality & sustainable economic growth," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 7(4), pages 2575-2589, June.
- Sebastian Kripfganz & Daniel C. Schneider, 2023.
"ardl: Estimating autoregressive distributed lag and equilibrium correction models,"
Stata Journal, StataCorp LP, vol. 23(4), pages 983-1019, December.
- Sebastian Kripfganz & Daniel Schneider, 2018. "ardl: Estimating autoregressive distributed lag and equilibrium correction models," London Stata Conference 2018 09, Stata Users Group.
- Sebastian Kripfganz & Daniel C. Schneider, 2022. "ardl: Estimating autoregressive distributed lag and equilibrium correction models," TUPD Discussion Papers 18, Graduate School of Economics and Management, Tohoku University.
- Zivot, Eric & Andrews, Donald W K, 2002.
"Further Evidence on the Great Crash, the Oil-Price Shock, and the Unit-Root Hypothesis,"
Journal of Business & Economic Statistics, American Statistical Association, vol. 20(1), pages 25-44, January.
- Zivot, Eric & Andrews, Donald W K, 1992. "Further Evidence on the Great Crash, the Oil-Price Shock, and the Unit-Root Hypothesis," Journal of Business & Economic Statistics, American Statistical Association, vol. 10(3), pages 251-270, July.
- Eric Zivot & Donald W.K. Andrews, 1990. "Further Evidence on the Great Crash, the Oil Price Shock, and the Unit Root Hypothesis," Cowles Foundation Discussion Papers 944, Cowles Foundation for Research in Economics, Yale University.
- Tom Doan, "undated". "ZIVOT: RATS procedure to perform Zivot-Andrews Unit Root Test," Statistical Software Components RTS00236, Boston College Department of Economics.
- William M. Bowen & Haifeng Qian, 2017. "State spending for higher education: Does it improve economic performance?," Regional Science Policy & Practice, Wiley Blackwell, vol. 9(1), pages 7-23, March.
- N. Gregory Mankiw & David Romer & David N. Weil, 1992.
"A Contribution to the Empirics of Economic Growth,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 107(2), pages 407-437.
- N. Gregory Mankiw & David Romer & David Weil, 1990. "A Contribution to the Empirics of Economic Growth," Working Papers 1990-24, Brown University, Department of Economics.
- N. Gregory Mankiw & David Romer & David N. Weil, 1990. "A Contribution to the Empirics of Economic Growth," NBER Working Papers 3541, National Bureau of Economic Research, Inc.
- Maki, Daiki, 2012. "Tests for cointegration allowing for an unknown number of breaks," Economic Modelling, Elsevier, vol. 29(5), pages 2011-2015.
- Jushan Bai & Pierre Perron, 1998.
"Estimating and Testing Linear Models with Multiple Structural Changes,"
Econometrica, Econometric Society, vol. 66(1), pages 47-78, January.
- Perron, P. & Bai, J., 1995. "Estimating and Testing Linear Models with Multiple Structural Changes," Cahiers de recherche 9552, Centre interuniversitaire de recherche en économie quantitative, CIREQ.
- Perron, P. & Bai, J., 1995. "Estimating and Testing Linear Models with Multiple Structural Changes," Cahiers de recherche 9552, Universite de Montreal, Departement de sciences economiques.
- M. Hashem Pesaran & Yongcheol Shin & Richard J. Smith, 2001. "Bounds testing approaches to the analysis of level relationships," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 16(3), pages 289-326.
- Vodă Alina Daniela & Duguleană Liliana & Dobrotă Gabriela, 2019. "Investments, Economic Growth And Employment: Var Method For Romania," Studies in Business and Economics, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 14(2), pages 231-244, August.
- Junsoo Lee & Mark C. Strazicich, 2003. "Minimum Lagrange Multiplier Unit Root Test with Two Structural Breaks," The Review of Economics and Statistics, MIT Press, vol. 85(4), pages 1082-1089, November.
- Bosede Ngozi Adeleye & Ismail Bengana & Abdelaziz Boukhelkhal & Mohammad Musa Shafiq & Hauwah K. K. Abdulkareem, 2022. "Correction to: Does Human Capital Tilt the Population‑Economic Growth Dynamics? Evidence from Middle East and North African Countries," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 162(2), pages 885-886, July.
- Jan Ditzen, 2021. "xtbreak: Estimation and tests for structural breaks in time series and panel data," 2021 Stata Conference 7, Stata Users Group.
- Hala Hjazeen & Mehdi Seraj & Huseyin Ozdeser, 2021. "The nexus between the economic growth and unemployment in Jordan," Future Business Journal, Springer, vol. 7(1), pages 1-8, December.
- Nikolaos Dritsakis & Pavlos Stamatiou, 2018. "Causal Nexus between FDI, Exports, Unemployment and Economic Growth for the Old European Union Members. Evidence from Panel Data," International Journal of Economic Sciences, International Institute of Social and Economic Sciences, vol. 7(2), pages 35-56, November.
- Gregory, Allan W & Hansen, Bruce E, 1996.
"Tests for Cointegration in Models with Regime and Trend Shifts,"
Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 58(3), pages 555-560, August.
- Tom Doan, "undated". "GREGORYHANSEN: RATS procedure to implement Gregory-Hansen test for Cointegration with breaks," Statistical Software Components RTS00082, Boston College Department of Economics.
- Jorgenson, Dale W & Fraumeni, Barbara M, 1992. " Investment in Education and U.S. Economic Growth," Scandinavian Journal of Economics, Wiley Blackwell, vol. 94(0), pages 51-70, Supplemen.
- Ali Fagheh Majidi, 2017. "Foreign Trade, Human Capital and Economic Growth: Evidence from Asian Countries," International Journal of Asian Social Science, Asian Economic and Social Society, vol. 7(12), pages 942-948.
- Clemente, Jesus & Montanes, Antonio & Reyes, Marcelo, 1998. "Testing for a unit root in variables with a double change in the mean," Economics Letters, Elsevier, vol. 59(2), pages 175-182, May.
- Fortune Ganda, 2022. "The Environmental Impacts of Human Capital in the BRICS Economies," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 13(1), pages 611-634, March.
- Jan Ditzen & Yiannis Karavias & Joakim Westerlund, 2021.
"Testing and Estimating Structural Breaks in Time Series and Panel Data in Stata,"
Papers
2110.14550, arXiv.org, revised Oct 2021.
- Jan Ditzen & Yiannis Karavias & Joakim Westerlund, 2021. "Testing and Estimating Structural Breaks in Time Series and Panel Data in Stata," Discussion Papers 21-14, Department of Economics, University of Birmingham.
- Alessandra Faggian & Mark Partridge & Edward J. Malecki, 2017.
"Creating an Environment for Economic Growth: Creativity, Entrepreneurship or Human Capital?,"
International Journal of Urban and Regional Research, Wiley Blackwell, vol. 41(6), pages 997-1009, November.
- Faggian, Alessandra & Partridge, Mark & Malecki, Ed, 2016. "Creating an environment for economic growth: creativity, entrepreneurship or human capital?," MPRA Paper 71445, University Library of Munich, Germany.
- Paresh Kumar Narayan, 2005. "The saving and investment nexus for China: evidence from cointegration tests," Applied Economics, Taylor & Francis Journals, vol. 37(17), pages 1979-1990.
- Narayan, Paresh Kumar & Narayan, Seema, 2005. "Estimating income and price elasticities of imports for Fiji in a cointegration framework," Economic Modelling, Elsevier, vol. 22(3), pages 423-438, May.
- Roman Matousek & Nickolaos G. Tzeremes, 2021. "The asymmetric impact of human capital on economic growth," Empirical Economics, Springer, vol. 60(3), pages 1309-1334, March.
- Zafar, Muhammad Wasif & Zaidi, Syed Anees Haider & Khan, Naveed R. & Mirza, Faisal Mehmood & Hou, Fujun & Kirmani, Syed Ali Ashiq, 2019. "The impact of natural resources, human capital, and foreign direct investment on the ecological footprint: The case of the United States," Resources Policy, Elsevier, vol. 63(C), pages 1-1.
- Ogundari, Kolawole & Awokuse, Titus, 2018. "Human capital contribution to economic growth in Sub-Saharan Africa: Does health status matter more than education?," Economic Analysis and Policy, Elsevier, vol. 58(C), pages 131-140.
- Norman Baldwin & Stephen Borrelli, 2008. "Education and economic growth in the United States: cross-national applications for an intra-national path analysis," Policy Sciences, Springer;Society of Policy Sciences, vol. 41(3), pages 183-204, September.
- Bosede Ngozi Adeleye & Ismail Bengana & Abdelaziz Boukhelkhal & Mohammad Musa Shafiq & Hauwah K. K. Abdulkareem, 2022. "Does Human Capital Tilt the Population-Economic Growth Dynamics? Evidence from Middle East and North African Countries," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 162(2), pages 863-883, July.
- Agasisti, Tommaso & Bertoletti, Alice, 2022. "Higher education and economic growth: A longitudinal study of European regions 2000–2017," Socio-Economic Planning Sciences, Elsevier, vol. 81(C).
- Shidong, Li & Chupradit, Supat & Maneengam, Apichit & Suksatan, Wanich & Phan The, Cong & Nguyen Ngoc, Quynh, 2022. "The moderating role of human capital and renewable energy in promoting economic development in G10 economies: Evidence from CUP-FM and CUP-BC methods," Renewable Energy, Elsevier, vol. 189(C), pages 180-187.
- Ali Fagheh Majidi, 2017. "Foreign Trade, Human Capital and Economic Growth: Evidence from Asian Countries," International Journal of Asian Social Science, Asian Economic and Social Society, vol. 7(12), pages 942-948, December.
- Manjit Sharma & Pushpak Sharma, 2019. "Dynamics of Employment and Economic Growth: A Comparative Study of China and India," Millennial Asia, , vol. 10(3), pages 417-437, December.
- Lucas, Robert Jr., 1988. "On the mechanics of economic development," Journal of Monetary Economics, Elsevier, vol. 22(1), pages 3-42, July.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Shahbaz, Muhammad, 2012.
"Does trade openness affect long run growth? Cointegration, causality and forecast error variance decomposition tests for Pakistan,"
Economic Modelling, Elsevier, vol. 29(6), pages 2325-2339.
- Muhammad, Shahbaz, 2012. "Does Trade Openness Affect Long Run Growth? Cointegration, Causality and Forecast Error Variance Decomposition Tests for Pakistan," MPRA Paper 37391, University Library of Munich, Germany, revised 10 Mar 2012.
- Shahbaz, Muhammad & Zeshan, Muhammad & Afza, Talat, 2012.
"Is energy consumption effective to spur economic growth in Pakistan? New evidence from bounds test to level relationships and Granger causality tests,"
Economic Modelling, Elsevier, vol. 29(6), pages 2310-2319.
- Muhammad, Shahbaz & Muhammad, Zeshan & Talat, Afza, 2012. "Is energy consumption effective to spur economic growth in Pakistan? new evidence from bounds test to level relationships and Granger causality tests," MPRA Paper 39734, University Library of Munich, Germany, revised 29 Jun 2012.
- Lean, Hooi Hooi & Smyth, Russell, 2014.
"Disaggregated energy demand by fuel type and economic growth in Malaysia,"
Applied Energy, Elsevier, vol. 132(C), pages 168-177.
- Hooi Hooi Lean & Russell Smyth, 2013. "Disaggregated Energy Demand by Fuel Type and Economic Growth in Malaysia," Monash Economics Working Papers 43-13, Monash University, Department of Economics.
- Muhamadu Awal Kindzeka Wirajing & Tii N. Nchofoung & Felix Mejame Etape, 2023. "Revisiting the human capital–economic growth nexus in Africa," SN Business & Economics, Springer, vol. 3(7), pages 1-29, July.
- Bayan Mohamad Alshaib & Abdullah Mohammad Ghazi Al khatib & Alina Cristina Nuta & Mohamad Hamra & Pradeep Mishra & Rajani Gautam & Sarfraz Hussain & Cristina Gabriela Zamfir, 2023. "Fiscal Sustainability and Its Implications for Economic Growth in Egypt: An Empirical Analysis," SAGE Open, , vol. 13(4), pages 21582440231, December.
- Brittle, Shane, 2009. "Ricardian Equivalence and the Efficacy of Fiscal Policy in Australia," Economics Working Papers wp09-10, School of Economics, University of Wollongong, NSW, Australia.
- Kanjilal, Kakali & Ghosh, Sajal, 2013. "Environmental Kuznet’s curve for India: Evidence from tests for cointegration with unknown structuralbreaks," Energy Policy, Elsevier, vol. 56(C), pages 509-515.
- Dakpogan, Arnaud & Smit, Eon, 2018. "The effect of electricity losses on GDP in Benin," MPRA Paper 89545, University Library of Munich, Germany.
- Cumhur ÞAHÝN & Hüseyin ALTAY, 2016. "Examination of the Relationship between Turkey’s Credit Default Swap (CDS) Points and Unemployment," Eurasian Business & Economics Journal, Eurasian Academy Of Sciences, vol. 4(4), pages 52-67, January.
- Jeng-Bau Lin & Chin-Chia Liang & Wei Tsai, 2019. "Nonlinear Relationships between Oil Prices and Implied Volatilities: Providing More Valuable Information," Sustainability, MDPI, vol. 11(14), pages 1-15, July.
- Khan, Zeeshan & Hussain, Muzzammil & Shahbaz, Muhammad & Yang, Siqun & Jiao, Zhilun, 2020. "Natural resource abundance, technological innovation, and human capital nexus with financial development: A case study of China," Resources Policy, Elsevier, vol. 65(C).
- Stéphane Lemarié & Valérie Orozco & Jean-Pierre Butault & Antonio Musolesi & Michel Simioni & Bertrand Schmitt, 2020.
"Assessing the long-term impact of agricultural research on productivity: evidence from France,"
European Review of Agricultural Economics, Oxford University Press and the European Agricultural and Applied Economics Publications Foundation, vol. 47(4), pages 1559-1586.
- Stéphane Lemarié & Valérie Orozco & Jean-Pierre Butault & Antonio Musolesi & Michel Simioni & Bertrand Schmitt, 2019. "Assessing the long-term impact of agricultural research on productivity: evidence from France," Working Papers hal-02791517, HAL.
- Orozco, Valérie & Butault, Jean-Pierre & Musolesi, Antonio & Simioni, Michel & Schmitt, Bertrand & Lemarié, Stéphane, 2020. "Assessing the long-term impact of agricultural research on productivity: Evidence from France," TSE Working Papers 124051, Toulouse School of Economics (TSE).
- Stephane Lemarié & Valérie Orozco & Jean-Pierre Butault & Antonio Musolesi & Michel Simioni & Bertrand Schmitt, 2020. "Assessing the long-term impact of agricultural research on productivity: Evidence from France," Post-Print hal-02794533, HAL.
- Li, Sisi & Khan, Sufyan Ullah & Yao, Yao & Chen, George S. & Zhang, Lin & Salim, Ruhul & Huo, Jiaying, 2022. "Estimating the long-run crude oil demand function of China: Some new evidence and policy options," Energy Policy, Elsevier, vol. 170(C).
- Zhou, Runyu & Abbasi, Kashif Raza & Salem, Sultan & Almulhim, Abdulaziz.I. & Alvarado, Rafael, 2022. "Do natural resources, economic growth, human capital, and urbanization affect the ecological footprint? A modified dynamic ARDL and KRLS approach," Resources Policy, Elsevier, vol. 78(C).
- Chen, George S. & Yao, Yao & Malizard, Julien, 2017.
"Does foreign direct investment crowd in or crowd out private domestic investment in China? The effect of entry mode,"
Economic Modelling, Elsevier, vol. 61(C), pages 409-419.
- G.S. Chen & Y. Yao & Julien Malizard, 2017. "Does foreign direct investment crowd in or crowd out private domestic investment in China? The effect of entry mode," Post-Print hal-03124847, HAL.
- Stavros Stavroyiannis, 2022. "Cointegration and ARDL specification between the Dubai crude oil and the US natural gas market," Papers 2206.03278, arXiv.org.
- Maxwell Chukwudi Udeagha & Nicholas Ngepah, 2022. "Dynamic ARDL Simulations Effects of Fiscal Decentralization, Green Technological Innovation, Trade Openness, and Institutional Quality on Environmental Sustainability: Evidence from South Africa," Sustainability, MDPI, vol. 14(16), pages 1-35, August.
- Dervis Kirikkaleli & Hasan Güngör & Tomiwa Sunday Adebayo, 2022. "Consumption‐based carbon emissions, renewable energy consumption, financial development and economic growth in Chile," Business Strategy and the Environment, Wiley Blackwell, vol. 31(3), pages 1123-1137, March.
- Isreal, Akingba Idowu Opeoluwa & Kaliappan, Shivee & Hamzah, Hanny Zurina, 2019. "Impact of Health Capital on Total Factor Productivity in Singapore," Jurnal Ekonomi Malaysia, Faculty of Economics and Business, Universiti Kebangsaan Malaysia, vol. 53(2), pages 83-98.
- Muhammad, Shahbaz & Mohammad, Mafizur Rahman & Abdul, Farooq, 2012. "Financial Development, International Trade and Economic Growth in Australia:New Evidence from Multivariate Framework Analysis," MPRA Paper 42023, University Library of Munich, Germany, revised 17 Oct 2012.
More about this item
Keywords
Economic growth; Physical capital; Human capital; Technological progress; Employment; Unemployment;All these keywords.
JEL classification:
- A10 - General Economics and Teaching - - General Economics - - - General
- A20 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - General
- C01 - Mathematical and Quantitative Methods - - General - - - Econometrics
- C50 - Mathematical and Quantitative Methods - - Econometric Modeling - - - General
- C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation
- C52 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Evaluation, Validation, and Selection
- E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
- F66 - International Economics - - Economic Impacts of Globalization - - - Labor
- O34 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Intellectual Property and Intellectual Capital
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:soceps:v:89:y:2023:i:c:s0038012123001854. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/seps .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.