The relationship between human capital and economic growth: an emprical analysis in the selected OECD countries : An emprical approach

The panel data models contain the dimensions of the horizontal and time series together. By incorporating unobtrusive individual effects into the model, it can control the deviations that neglected variables can create and provide a broad perspective to the researcher. In quantitative regression models, median calculation method is used instead of arithmetic mean calculation method. While the arithmetic mean calculation method is affected by extreme values, the median calculation method includes all values. In this way, the researcher can estimate the model separately and find out about the model. A panel regression method was formed by the combination of panel data and quantitative regression method. In this study, it is aimed to examine the relationship between human capital and economic growth. In the first chapter, the concepts of human and economic growth are discussed. In the second part, quantitative regression, panel data models and panel models are explained. In the third chapter, panel data models and panel regression models were analyzed and compared in the Stata program. In the conclusion section, the findings obtained during the study are summarized. Keywords: Human Capital, Quantile, Regression, Panel Quantile Regression, Panel Data