The Nexus Between Growth, Human Capital and Development: An Econometric Analysis on OECD Countries Cover Image

Büyüme, Beşeri Sermaye ve Kalkınma İlişkisi: OECD Ülkeleri’nin Ekonometrik Bir İncelemesi
The Nexus Between Growth, Human Capital and Development: An Econometric Analysis on OECD Countries

Author(s): H. Nehrin Tunali, Ayşegül Yilmaz
Subject(s): Education, Supranational / Global Economy, Economic development, Human Resources in Economy
Published by: Celal Bayar Üniversitesi Sosyal Bilimler Enstitüsü
Keywords: Economic Growth; Development; Human Capital; OECD;

Summary/Abstract: The quality and quantity of human capital which allows countries to wisely and effectively use their resources is vital to economic growth and development of countries. Additionally, real gross domestic product- an indicator of economic growth- has a significant effect on development along with factors such as health and education. A review of the reports published by United Nations Development Program reveals that a country’s level of development is represented by the ‘’human development index’’ ratings. In the same report appears “expectancy of life at birth” which is an indicator of health investments, and ‘’schooling rate’’ as a measure of educational investments. In this context, this study presents a theoretical discussion on the concepts of human capital, development and growth and later, the study empirically tests the relevance and validity of the relationships among the research variables utilizing data on OECD countries.

  • Issue Year: 14/2016
  • Issue No: 04
  • Page Range: 295-318
  • Page Count: 24
  • Language: Turkish