Journal ArticleDOI
Education, human capital enhancement and economic development: Comparison between Korea and Taiwan
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This article examined the major determinants of economic development, including supplyside factors (technical progress and accumulation of physical and human capital) and demand side factors (government involvement and export expansion) and investigated the role of human capital, measured by education attainment, in driving output growth and enlarging the labor income share.About:
This article is published in Economics of Education Review.The article was published on 1994-01-01. It has received 35 citations till now. The article focuses on the topics: Physical capital & Capital deepening.read more
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The role of higher education in economic development: an empirical study of Taiwan case
TL;DR: In this article, the authors investigated the effects of higher education curricula on the labor force and thus on economic growth in Taiwan over the 1965-2000 period and found that higher education overall provided a positive and significant effect on Taiwan's economic development and that engineering and the natural sciences majors played the most prominent role in this process.
RELATIONSHIP BETWEEN SCHOOL EDUCATION AND ECONOMIC GROWTH IN PAKISTAN ARDL Bounds Testing Approach to Cointegration
TL;DR: In this article, the authors investigate short-run and long-run linkage between school education and economic growth in Pakistan using annual time series data on real GDP, real physical capital, inflation and general school enrollment for the period 1970-71 to 2008-09.
Journal ArticleDOI
The Impact of Knowledge-Based Economy on Growth Performance: Evidence from MENA Countries
TL;DR: In this article, the authors examined the empirical relationship between knowledge-based economy and economic growth in MENA countries and identified pillars linked with the transition to a knowledgebased economy that is related to growth performance.
Journal ArticleDOI
Factors influencing the higher education of international students from Confucian East Asia
TL;DR: For example, this paper found that successful entry to a university is not only an important achievement for the future career of the student, but also a victory for the family, and failure to do so is often seen as shameful for the student and may result in psychological problems or suicide.
Posted Content
Human Capital, Innovation Capability and Economic Growth
TL;DR: In this article, the authors studied human capital effects on economic growth of Portugal from 1960 to 2001 by using VAR and cointegration analyses, and they obtained 042 long-run estimate for human capital elasticity, 030 long run estimate for internal knowledge elasticity and 040 long run estimation for the elasticity related with the composite variable that measures the interaction between human capital and innovation capability.
References
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Journal ArticleDOI
A Contribution to the Theory of Economic Growth
TL;DR: In this paper, a model of long run growth is proposed and examples of possible growth patterns are given. But the model does not consider the long run of the economy and does not take into account the characteristics of interest and wage rates.
The mechanics of economic development
Abstract: This paper considers the prospects for constructing a neoclassical theory of growth and international trade that is consistent with some of the main features of economic development. Three models are considered and compared to evidence: a model emphasizing physical capital accumulation and technological change, a model emphasizing human capital accumulation through schooling, and a model emphasizing specialized human capital accumulation through learning-by-doing.
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On the mechanics of economic development
TL;DR: In this article, the authors consider the prospects for constructing a neoclassical theory of growth and international trade that is consistent with some of the main features of economic development, and compare three models and compared to evidence.
ReportDOI
Endogenous Technological Change
TL;DR: In this paper, the authors show that the stock of human capital determines the rate of growth, that too little human capital is devoted to research in equilibrium, that integration into world markets will increase growth rates, and that having a large population is not sufficient to generate growth.
Posted Content
Government spending in a simple model of endogenous growth
TL;DR: This article extended these models to include tax- financed government services that affect production or utility, and showed that growth and saving rates fall with an increase in utility-type expenditures; the two rates rise initially with productive government expenditures but subsequently decline.