International Conference on Eurasian Economies
17-18 September 2013 – St. Petersburg, RUSSIA
Paper detail
Paper ID : 797
Status : Paper published
Language : Turkish
Topic : Growth and Development
Presenter: Asst. Prof. Dr. Murat Mustafa Kutlutürk
Session : 2B Kalkınma
The Effect of Higher Education on Growth: A Cointegration Analysis
Yükseköğretimin Büyümeye Etkisi: Eşbütünleşme Analizi
- Asst. Prof. Dr. Murat Mustafa Kutlutürk (Çankırı Karatekin University, Türkiye)
- Assoc. Prof. Dr. Hakan Kasım Akmaz (Çankırı Karatekin University, Türkiye)
- Assoc. Prof. Dr. Ahmet Çetin (Çankırı Karatekin University, Türkiye)
Abstract
In this study the relationship between higher education and economic growth was investigated using annual data between 1988 and 2012 for Turkey. To see short and long run effects of higher education on growth the Autoregressive Distributed Lag (ARDL) testing approach was used. In this investigation ratio of higher education graduates in employment was used as an explanatory variable. Zivot and Andrews test was implemented for the variables. The long and short run effects of higher education on growth was found significant. Granger causality test was implemented and one way Granger causality from higher education to growth was determined.
JEL codes: J24, I23
Kutlutürk, Murat Mustafa , Akmaz, Hakan Kasım, Çetin, Ahmet (2013). "The Effect of Higher Education on Growth: A Cointegration Analysis" in Proceedings of International Conference of Eurasian Economies 2013, pp.323-327, St. Petersburg, RUSSIA.
DOI: https://doi.org/10.36880/C04.00797
