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Events in Turkey and the Brics Countries in Technology and Human Capital Economy: Panel Data Analysis

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  • Ali ŞEN, Ceren PEHLİVAN

Abstract

Human capital, an important component of economic development, have increased in importance as knowledge, innovation and technological development have accelerated. The concept of human capital is observed from a broader perspective by including the effect of technological development on economic indicators in the endogenos growth of models. Together with physical capital, the improvement of technological and human capital in production will contribute to the provision of economical development. In the study, the impact of using the technology and human capital in BRICS countries and Turkey has been studied by using panel data regression analysis. As a result of the analysis, it has been seen that technology and human capital contribute positively to economic development.

Suggested Citation

  • Ali ŞEN, Ceren PEHLİVAN, 2018. "Events in Turkey and the Brics Countries in Technology and Human Capital Economy: Panel Data Analysis," Fiscaoeconomia, Tubitak Ulakbim JournalPark (Dergipark), issue 4.
    • Handle: RePEc:fis:journl:180409
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    File URL: http://dergipark.gov.tr/download/article-file/545369
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    More about this item

    Keywords

    Human Capital; Technology; Economic Development;
    All these keywords.

    JEL classification:

    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence

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