BibTex RIS Kaynak Göster

Healthier and More Educated Society Improves Multifactor Productivity: Time Varying Relationships

Yıl 2016, Cilt: 14 Sayı: 27, 111 - 141, 01.06.2016

Öz

This study analyzes the influence of externalities generated by human capital on multifactor productivity (MFP). Education and health are two components of human capital that improvements in either of them influence the MFP. Scientific knowledge generated through published articles, and doctorates awarded by the US universities are considered as education components. Life expectancy at birth is an indicator of healthy nation. Explanators of MFP for the US private business sector for the last century are analyzed using Flexible Least Squares that enables an analyst to diagnose the magnitude of coefficient variation and detect which particular coefficients are changing. Results show that indicated variables have significant externalities and positively affect the MFP

Kaynakça

  • Aghion, P. and Hoowith, P. (1998), Endogenous Growth Theory, Cambridge, MA: MIT Press.
  • Arrow, K. J. (1962), “The economic implications of learning by doing”, Review of Economic Studies, 29(3), 155-173.
  • Banarjee, A., Dolado, J, Galbraith, J. W. and Hendry, D. F. (1993), Co-Integration, Error-Correction, and the Econometric Analysis of Non-Stationary Data, New York: Oxford University Press.
  • Barro, R. J. and Sala-i-Martin, X. (1995), Economic Growth, New York: McGraw-Hill.
  • Batabyal, A. A. and Beladi, H. (2001), “On the Optimal Management of a Class of Aquatic Ecological-Economic Systems”, European Journal of Operational Re- search, 132(3), 561-568
  • Brown, R., J. Durbin, J., Evans, J. (1975), “Techniques for Testing the Constancy of a Regression Relationships over Time”, Journal of the Royal Statistical Society (Series B), 37, 591-605.
  • Carlaw, K., Oxley, L., Walker, P., Thorns, D. C. and Nuth, M. (2006), “Beyond the Hype: Intellectual Property and the Knowledge Society/Knowledge Econo- my”, Journal of Economic Surveys, 20(4), 633-690.
  • Chow, G. (1960), “Tests of Equality between Subsets of Coefficients in Two Linear Regressions”, Econometrica, 27, 591-605.
  • Cuddington, J. T., Hancock, J. D. and Rogers, C. A. (1994), “A Dynamic Aggregative Model of the AIDS Epidemic with Possible Policy Interventions”, Journals of Policy Modeling, 16, 473-496.
  • Dickey, D. A. and Fuller, W. A. (1979), “Distributions of Estimators for Autoregres- sive Time Series with a Unit Root”, Journals of American Statistical Association, 74(366), 427-431.
  • Dowrick, S (2003), “Ideas and Education: Level or Growth Effects?”, NBER Working Paper Series, no. 9709.
  • Green, W. H. (2008), Econometric Analysis, New Jersey: Prentice Hall.
  • Goldfeld, S. M. and Quandt, R. E. (1965), “Some tests for homoscedasticity”, Journal of the American Statistical Association, 60, 539-547.
  • Harry, D. (2001), “Biopiracy and Globalization: Indigenous Peoples Face a New Wave of Colonialism”, Splice, 7(2&3): www.ipcb.org/publications/other_art/ globalization.html, accesses 15 March 2012
  • Harvey, A. C. and Collier, P. (1977), “Testing for Functional Misspecifications in Regression Analysis”, Journal of Econometrics, 6, pp. 103-119.
  • Kendrick, J. W. (1961), Productivity Trends in the United States, Princeton: Princeton University Press.
  • Knowles, S. and Owen, D. P. (1995), “Health Capital and Cross-Country Variation in Per Capita in the Mankiw-Romer-Weil Model”, Economic Letters, 48, 99-106.
  • Knowles, S. and Owen, D. P. (1997), “Education and Health in an Effective-Labour Empirical Growth Model”, Economic Record, 73, 314-328.
  • Levy, D. M. and Terleckyj, N. E. (1998), “Government Science and the US Economy: Approaching the Puzzle”, Unpublished manuscript.
  • Lewis, W. A. (1954), “Economic Development with Unlimited Supplies of Labour”, Manchester School of Economic and Social Studies, 22(2), 139-191.
  • Lucas, R. E. Jr. (1988), “On the Mechanics of Development Planning”, Journal of Monetary Economics, 22(1), 3-42.
  • Mankiw, N. G., Romer, D. and Weil, D. N. (1992), “A contribution to the empirics of economic growth”, Quarterly Journal of Economics, 107(2), 407-437.
  • Mowery, D. and Nelson, R. (1999), The Sources of Industrial Leadership, Cambridge, MA: Cambridge University Press.
  • Mushkin, S. J. (1962), “Health as an Investment”, Journal of Political Economy, 70, S129-S157.
  • Nelson, R. R. (1993), National Innovation Systems: A Comparative Analysis, Oxford: Oxford University Press.
  • Nurkse, R. (1953), Problems of Capital Formation in Underdeveloped Countries., 9th impr, 1964, Oxford: Basil Blackwell.
  • Romer, P. M (1986), “Increasing Returns and Long-Run Growth”, Journal of Political Economy, 94, 1002-1037.
  • Romer, P. M. (1990), “Endogenous Technological Change”, Journal of Political Econ- omy, 98, S71-S102.
  • Rosenstein-Rodan, P. N. (1943), “Problems of Industrialization in Eastern and Southeastern Europe”, Economic Journal, 53(210/211), 202-211.
  • Schultz, T. W. (1961), “Investment in human capital”, The American Economic Re- view, 51(1), 1-17.
  • Solow, R. M. (1956), a Contribution to the Theory of Economic Growth, Quarterly Journal of Economics, 70(1), 65-94.
  • Swan, T. W. (1956), Economic Growth and Capital Accumulation, Economic Record, 32, 334-361.
  • Uzawa H. (1965), “Optimal Technical Change in an Aggregative Model of Eco- nomic Growth”, International Economic Review, 6(1), 18-31.
  • United Nations (2005), Human Development Report
  • United Nations (2010). Human Development Report.
  • United States Bureau of Labor Statistics. www.bls.org
  • Van Zon, A. and Muysken, J. (2001), “Health and Endogenous Growth”, Journal of Health Economics, 20, 169-185.
  • Wood, B. Dan (2000), “Weak Theories and Parameter Instability: Using Flexible Least Squares to Take Time Varying Relationships Seriously”, American Journal of Political Science, 44(3), 603-618.

Sağlıklı ve Daha Eğitimli Toplum Çoklu Faktör Verimliliğini Arttırır: Zamanla Değişen İlişkiler

Yıl 2016, Cilt: 14 Sayı: 27, 111 - 141, 01.06.2016

Öz

Bu çalışma, beşeri sermaye tarafından oluşturulan dışsallıkların çoklufaktör
verimliliği (ÇFV) üzerindeki etkilerini analiz etmektedir. Eğitim
ve sağlık beşeri sermayenin bileşenlerindendir ki bunlardaki gelişmeler
ÇFV’ni etkiler. Yayınlanmış makaleler yoluyla üretilen bilimsel bilgi
ve ABD üniversiteleri tarafından verilen doktoralar eğitim bileşenleri
olarak düşünüldü. Doğumda beklenen yaşam süreside sağlıklı milletin
bir göstergesidir. ABD’nin özel sektör ÇFV’sini açıklayan etkenleri
Esnek EKK kullanarak analiz edildi ki bu yöntem analizcinin hangi
katsayıların değiştiğini ve değişimin büyüklüğünü belirlemesine imkân
sağlar. Sonuçlar belirtilen değişkenlerin dışsallıklara sahip olduğunu ve
ÇFV’ni pozitif etkilediğini göstermektedir

Kaynakça

  • Aghion, P. and Hoowith, P. (1998), Endogenous Growth Theory, Cambridge, MA: MIT Press.
  • Arrow, K. J. (1962), “The economic implications of learning by doing”, Review of Economic Studies, 29(3), 155-173.
  • Banarjee, A., Dolado, J, Galbraith, J. W. and Hendry, D. F. (1993), Co-Integration, Error-Correction, and the Econometric Analysis of Non-Stationary Data, New York: Oxford University Press.
  • Barro, R. J. and Sala-i-Martin, X. (1995), Economic Growth, New York: McGraw-Hill.
  • Batabyal, A. A. and Beladi, H. (2001), “On the Optimal Management of a Class of Aquatic Ecological-Economic Systems”, European Journal of Operational Re- search, 132(3), 561-568
  • Brown, R., J. Durbin, J., Evans, J. (1975), “Techniques for Testing the Constancy of a Regression Relationships over Time”, Journal of the Royal Statistical Society (Series B), 37, 591-605.
  • Carlaw, K., Oxley, L., Walker, P., Thorns, D. C. and Nuth, M. (2006), “Beyond the Hype: Intellectual Property and the Knowledge Society/Knowledge Econo- my”, Journal of Economic Surveys, 20(4), 633-690.
  • Chow, G. (1960), “Tests of Equality between Subsets of Coefficients in Two Linear Regressions”, Econometrica, 27, 591-605.
  • Cuddington, J. T., Hancock, J. D. and Rogers, C. A. (1994), “A Dynamic Aggregative Model of the AIDS Epidemic with Possible Policy Interventions”, Journals of Policy Modeling, 16, 473-496.
  • Dickey, D. A. and Fuller, W. A. (1979), “Distributions of Estimators for Autoregres- sive Time Series with a Unit Root”, Journals of American Statistical Association, 74(366), 427-431.
  • Dowrick, S (2003), “Ideas and Education: Level or Growth Effects?”, NBER Working Paper Series, no. 9709.
  • Green, W. H. (2008), Econometric Analysis, New Jersey: Prentice Hall.
  • Goldfeld, S. M. and Quandt, R. E. (1965), “Some tests for homoscedasticity”, Journal of the American Statistical Association, 60, 539-547.
  • Harry, D. (2001), “Biopiracy and Globalization: Indigenous Peoples Face a New Wave of Colonialism”, Splice, 7(2&3): www.ipcb.org/publications/other_art/ globalization.html, accesses 15 March 2012
  • Harvey, A. C. and Collier, P. (1977), “Testing for Functional Misspecifications in Regression Analysis”, Journal of Econometrics, 6, pp. 103-119.
  • Kendrick, J. W. (1961), Productivity Trends in the United States, Princeton: Princeton University Press.
  • Knowles, S. and Owen, D. P. (1995), “Health Capital and Cross-Country Variation in Per Capita in the Mankiw-Romer-Weil Model”, Economic Letters, 48, 99-106.
  • Knowles, S. and Owen, D. P. (1997), “Education and Health in an Effective-Labour Empirical Growth Model”, Economic Record, 73, 314-328.
  • Levy, D. M. and Terleckyj, N. E. (1998), “Government Science and the US Economy: Approaching the Puzzle”, Unpublished manuscript.
  • Lewis, W. A. (1954), “Economic Development with Unlimited Supplies of Labour”, Manchester School of Economic and Social Studies, 22(2), 139-191.
  • Lucas, R. E. Jr. (1988), “On the Mechanics of Development Planning”, Journal of Monetary Economics, 22(1), 3-42.
  • Mankiw, N. G., Romer, D. and Weil, D. N. (1992), “A contribution to the empirics of economic growth”, Quarterly Journal of Economics, 107(2), 407-437.
  • Mowery, D. and Nelson, R. (1999), The Sources of Industrial Leadership, Cambridge, MA: Cambridge University Press.
  • Mushkin, S. J. (1962), “Health as an Investment”, Journal of Political Economy, 70, S129-S157.
  • Nelson, R. R. (1993), National Innovation Systems: A Comparative Analysis, Oxford: Oxford University Press.
  • Nurkse, R. (1953), Problems of Capital Formation in Underdeveloped Countries., 9th impr, 1964, Oxford: Basil Blackwell.
  • Romer, P. M (1986), “Increasing Returns and Long-Run Growth”, Journal of Political Economy, 94, 1002-1037.
  • Romer, P. M. (1990), “Endogenous Technological Change”, Journal of Political Econ- omy, 98, S71-S102.
  • Rosenstein-Rodan, P. N. (1943), “Problems of Industrialization in Eastern and Southeastern Europe”, Economic Journal, 53(210/211), 202-211.
  • Schultz, T. W. (1961), “Investment in human capital”, The American Economic Re- view, 51(1), 1-17.
  • Solow, R. M. (1956), a Contribution to the Theory of Economic Growth, Quarterly Journal of Economics, 70(1), 65-94.
  • Swan, T. W. (1956), Economic Growth and Capital Accumulation, Economic Record, 32, 334-361.
  • Uzawa H. (1965), “Optimal Technical Change in an Aggregative Model of Eco- nomic Growth”, International Economic Review, 6(1), 18-31.
  • United Nations (2005), Human Development Report
  • United Nations (2010). Human Development Report.
  • United States Bureau of Labor Statistics. www.bls.org
  • Van Zon, A. and Muysken, J. (2001), “Health and Endogenous Growth”, Journal of Health Economics, 20, 169-185.
  • Wood, B. Dan (2000), “Weak Theories and Parameter Instability: Using Flexible Least Squares to Take Time Varying Relationships Seriously”, American Journal of Political Science, 44(3), 603-618.
Toplam 38 adet kaynakça vardır.

Ayrıntılar

Diğer ID JA34UZ83CZ
Bölüm Araştırma Makalesi
Yazarlar

Yavuz Yıldırım

Yayımlanma Tarihi 1 Haziran 2016
Gönderilme Tarihi 1 Haziran 2016
Yayımlandığı Sayı Yıl 2016 Cilt: 14 Sayı: 27

Kaynak Göster

APA Yıldırım, Y. (2016). Sağlıklı ve Daha Eğitimli Toplum Çoklu Faktör Verimliliğini Arttırır: Zamanla Değişen İlişkiler. Yönetim Bilimleri Dergisi, 14(27), 111-141.

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