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his article investigates the impact of education on economic growth in Guatemala for the 1951-2002 period. An error-correction model shows that a better-educated labor force has a positive and significant impact on economic growth. A growth-accounting framework demonstrates that human capital...
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This paper investigates the impact of human capital on economic growth in Guatemala through the application of an error-correction methodology. Two channels are analyzed, by which human capital is expected to influence growth. A better-educated labor force appears to have a positive and...
Persistent link: https://www.econbiz.de/10012770659
The purpose of this research paper is to provide empirical evidence regarding savings and growth relationship in … seventeen African countries using an annual data spanning 1960 to 2000. We investigate the causal links between savings and … evidence from descriptive statistics shows that the response by savings to rising or falling in real GDP are not uniform across …
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expected technical change, the higher the firms's investment rate and the lower the households' savings rate, remaining …
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This short paper analyzes the effects in the long-run between tourism and the economic growth in the regions of Antioquia, Bolivar, Bogotá, Magdalena and San Andrés-Providencia of Colombia. Using annual data from 1990 to 2005, the study uses cointegration analysis to analyze the existence of...
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