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Educación y crecimiento económico: considerando no linealidades en la ecuación de Mincer

Author

Listed:
  • Pablo Mahnic

    (Departamento de Economía, Facultad de Ciencias Económicas, Universidad Nacional de Cuyo, Argentina)

Abstract

This work aims to estimate the relationship between an increase in the years of study of the population, the stock of human capital and the economic growth. Based on different possible specifications for the Mincer equation, we derive bounds for the stock of human capital at the aggregate level. Using a panel of 99 countries, we estimate the long-term relationship between GDP per worker and of human capital using the DOLS method. We conclude that both the years of education and the quality of them are important determinants of economic growth.

Suggested Citation

  • Pablo Mahnic, 2022. "Educación y crecimiento económico: considerando no linealidades en la ecuación de Mincer," Económica, Departamento de Economía, Facultad de Ciencias Económicas, Universidad Nacional de La Plata, vol. 68, pages 110-134, January-D.
  • Handle: RePEc:lap:journl:637
    DOI: 10.24215/18521649e027
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    File URL: https://revistas.unlp.edu.ar/Economica/article/view/13119/13756
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    More about this item

    Keywords

    Mincer equation; growth; education; years of study;
    All these keywords.

    JEL classification:

    • O2 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy
    • I2 - Health, Education, and Welfare - - Education
    • C2 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables

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