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Education, growth and technology diffusion

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  • Tobias Heinrich

    (University of Freiburg)

Abstract

This paper tests the Nelson-Phelps hypothesis with recently developed panel cointegration tests and new cross-country datasets. The empirical results give evidence that all types of education are important for TFP growth and that there is an interaction between education and the distance to the technology frontier. However, the analysis of sub samples of the data indicates that the evidence of the Nelson-Phelps hypothesis is only convincing for developing countries whereas the evidence for developed countries is rather weak.

Suggested Citation

  • Tobias Heinrich, 2012. "Education, growth and technology diffusion," Economics Bulletin, AccessEcon, vol. 32(1), pages 866-870.
    • Handle: RePEc:ebl:ecbull:eb-12-00065
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    File URL: http://www.accessecon.com/Pubs/EB/2012/Volume32/EB-12-V32-I1-P81.pdf
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    References listed on IDEAS

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    4. Barseghyan, Levon & DiCecio, Riccardo, 2011. "Cross-country income convergence revisited," Economics Letters, Elsevier, vol. 113(3), pages 244-247.
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    6. Barro, Robert J. & Lee, Jong Wha, 2013. "A new data set of educational attainment in the world, 1950–2010," Journal of Development Economics, Elsevier, vol. 104(C), pages 184-198.
    7. Benhabib, Jess & Spiegel, Mark M., 2005. "Human Capital and Technology Diffusion," Handbook of Economic Growth, in: Philippe Aghion & Steven Durlauf (ed.), Handbook of Economic Growth, edition 1, volume 1, chapter 13, pages 935-966, Elsevier.
    8. Joonkyung Ha & Peter Howitt, 2007. "Accounting for Trends in Productivity and R&D: A Schumpeterian Critique of Semi-Endogenous Growth Theory," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 39(4), pages 733-774, June.
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    10. repec:bla:obuest:v:61:y:1999:i:0:p:653-70 is not listed on IDEAS
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    Cited by:

    1. Hafner, Kurt A. & Mayer-Foulkes, David, 2013. "Fertility, economic growth, and human development causal determinants of the developed lifestyle," Journal of Macroeconomics, Elsevier, vol. 38(PA), pages 107-120.

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    More about this item

    Keywords

    Education; TFP growth; Technology Diffusion; Panel cointegration;
    All these keywords.

    JEL classification:

    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights
    • O5 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies

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