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Education, Technology and Economic Growth: The Turkish Growth Experience from 1960 to 2009

Author

Listed:
  • Vedit İNAL

    (Yeditepe Universitesi)

  • Ayşe AKÇABELEN

    (AVMMFI PARTNERS)

Abstract

This paper aims at analysing the role of education in economic growth, focusing on the case of Turkey using exogenous and endogenous technology models. We show, first of all, that education plays an important role in determining the output per worker. Secondly, we show that depending on the way in which technology is characterised, the level of education is a significant factor in assessing the level of development. Finally, it is shown that, in addition to human capital, transfer of technology also plays an important role in the determination of output per worker and, hence, the level of development.

Suggested Citation

  • Vedit İNAL & Ayşe AKÇABELEN, 2013. "Education, Technology and Economic Growth: The Turkish Growth Experience from 1960 to 2009," Iktisat Isletme ve Finans, Bilgesel Yayincilik, vol. 28(322), pages 91-118.
  • Handle: RePEc:iif:iifjrn:v:28:y:2013:i:322:p:91-118
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    More about this item

    Keywords

    Turkish Development; Turkish Growth; Education and Growth; Human Capital; Technological Change; Technology Transfer;

    JEL classification:

    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe

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