Testing the human capital-economic growth link: A time-series analysis on Turkish economy
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Abstract (EN)
In this thesis, the relationship between human capital and economic growth is investigated theoretically and empirically. After dealing with the economic growth approaches the human capital-economic growth link is empirically examined in case of Turkey over the period of 1970-2018. Life expectancy at bird is used as a determinant of human capital. DF-GLS and KPSS are utilized for stationarity analysis of variables. The Johansen test is applied for cointegration analysis. The DOLS, FMOLS and CCR estimators are used to estimate the long-run coefficients of variables. The Toda-Yamamoto test is used for causality analysis of variables. Empirical findings obtained from the study can provide important policy suggestions for Turkish economy. Key Words: Human Capital, Economic Growth, Cointegration, Causality, Turkey
Author
Mazlum Özdil
How to Cite
Mazlum Özdil (Master Thesis). Testing the human capital-economic growth link: A time-series analysis on Turkish economy, 2020, Tekirdağ Namık Kemal University.
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