The Impact of Education on Economic Growth in Guatemala: A Time- Series Analysis Applying an Error-Correction Methodology
AbstractThis paper investigates the impact of human capital on economic growth in Guatemala through the application of an error-correction methodology. Two channels are analyzed, by which human capital is expected to influence growth. A better-educated labor force appears to have a positive and significant impact on economic growth both via factor accumulation as well as on the evolution of total factor productivity. The results have been found robust concerning data issues and parameter stability.
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Bibliographic InfoPaper provided by EconWPA in its series Econometrics with number 0211002.
Length: 45 pages
Date of creation: 13 Nov 2002
Date of revision:
Note: Type of Document - Acrobat PDF; prepared on IBM PC; to print on HP; pages: 45 ; figures: included
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Education; Growth; Econometrics; Guatemala;
Find related papers by JEL classification:
- I20 - Health, Education, and Welfare - - Education - - - General
- C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models &bull Diffusion Processes
- C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation
This paper has been announced in the following NEP Reports:
- NEP-ALL-2002-11-18 (All new papers)
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