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No linealidades y efectos umbral en la relación capital humano-crecimiento económico

Author

Listed:
  • Mara Leticia Rojas
  • Pablo Daniel Monterubbianesi
  • Carlos Darío Dabús

Abstract

Resumen: Este artículo analiza la relación capital humano-crecimiento (considerando el primero con un enfoque amplio que involucra salud y educación) para 86 países en el periodo de 1960 a 2010. El objetivo es evaluar la presencia de no linealidades y efectos umbral mediante técnicas de panel paramétricas y semiparamétricas. Los resultados muestran: a) evidencia notoria de no linealidades en la educación, con un rango de valores medios de educación (e ingresos) para los cuales la relación es negativa (efectos umbral); b) evidencia de no linealidades para la salud, aunque el efecto es más suave; y c) gran dispersión en la relación educación-crecimiento a niveles medios y altos de ingresos. ***** Abstract: This paper analyzes the relationship between human capital and growth (considering the first through a broad approach involving health and education) for 86 countries from 1960-2010. The objective is to evaluate the presence of nonlinearities and the threshold effects by using parametric and semiparametric panel techniques. The results show: a) well-known evidence of nonlinearities in education, with a range of average values of education (and income) for which the relation is negative (threshold effects); b) evidence of nonlinearities for health, although the effect is smoother; and c) great dispersion in the education–growth relationship at medium and high levels of income.

Suggested Citation

  • Mara Leticia Rojas & Pablo Daniel Monterubbianesi & Carlos Darío Dabús, 2019. "No linealidades y efectos umbral en la relación capital humano-crecimiento económico," Revista Cuadernos de Economia, Universidad Nacional de Colombia, FCE, CID, vol. 38(77), pages 425-459, July.
    • Handle: RePEc:col:000093:017457
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    File URL: https://revistas.unal.edu.co/index.php/ceconomia/article/view/67984/72234
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    More about this item

    Keywords

    capital humano; crecimiento económico; educación; salud; panel de datos; métodos semiparamétricos; no linealidades; efectos umbral; Economic growth; human capital; health; education; panel data; semiparametric methods; non-linearities; threshold effects;
    All these keywords.

    JEL classification:

    • C1 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General
    • I0 - Health, Education, and Welfare - - General
    • O4 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity
    • O5 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies

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