Economic growth impact of realized human capital increase through education: OECD case

The purpose of this study, the changes that occur in human capital through education, to examine the impact on economic growth. In the study it is included in the scope of human capital and human capital concept of the historical process. To this end, 1985-2014 period in OECD countries move from annual data; primary, secondary and tertiary levels of public spending on education and also the changes in the number of students enrolled in this training panel data methods fixed and random effects analysis was performed stage. The empirical analysis results are evaluated, the public expenditure on primary and secondary education, as occurred in the literature and concluded that a significant level has been reached positive. The Higher Education(tertiary) shows that only positive and significant growth in the number of students enrolled in a statement. For their work in OECD member countries, we have the G-7 countries with a higher GDP level through included as a dummy variable in this case the analysis results of the G-7 countries, only secondary education of economic growth, the increase in the number of students has been shown to positively affect.