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Capital humano y capital fisico en la OCDE, su importancia en el crecimiento economico en el periodo 1965-95

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  • Guisan, M.Carmen
  • Neira, Isabel

Abstract

El objetivo de nuestro trabajo es analizar cual es el papel del capital humano en el crecimiento de la economia, y para ello estudiamos un efecto indirecto ademas del tradicional efecto directo que se observa en la funcion de produccion para el capital humano. Se trata del efecto indirecto que este ejerce sobre el capital fisico, y que a pesar de considerarse como un elemento importante por muchos autores de la teoria del crecimiento, apenas ha sido objeto de estudio empirico. Nuestro estudio se complementa con el analisis de la situacion de la educacion en los paises de la OCDE, tanto desde el punto de vista cuantitativo como cualitativo. We analyse the role of human capital on economic growth, in industrialized countries, having into account not only the direct effect of education on production by inhabitant but also the indirect effect through the positive impact of education on physical capital by inhabitant. Two econometric models are estimated, with a panel of nineteen OECD countries during the period 1965-90 and the results confirm this significant effect and thus reinforce the great importance that education has on development. We also analyse the differences among countries, in education expenditure and levels, in the period 1970-95.

Suggested Citation

  • Guisan, M.Carmen & Neira, Isabel, 2001. "Capital humano y capital fisico en la OCDE, su importancia en el crecimiento economico en el periodo 1965-95," Estudios Economicos de Desarrollo Internacional, Euro-American Association of Economic Development, vol. 1(2), pages 61-84.
  • Handle: RePEc:eaa:eedein:v:1:y2001:i:2_1
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    JEL classification:

    • C5 - Mathematical and Quantitative Methods - - Econometric Modeling
    • O51 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - U.S.; Canada
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe
    • O57 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries

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